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Here's the latest tech news from the last 24 hours:🍏 Apple Reveals 'Vision Pro' Headset at $3,499
🌍 Sequoia Capital's Division into Three Separate Firms
📉 Twitter's Ad Sales Drop by 59% Amid Concerns
🤖 EU's Call to Label AI-Generated Content on Social Media
🍎 Tim Cook Explores ChatGPT for Apple
🍏 Apple Reveals 'Vision Pro' Headset at $3,499LINK
Apple unveiled the "Vision Pro" headset, a hybrid VR and AR device powered by Apple's M2 and R1 processors, expected to be available early next year at $3,449.
The headset will operate with popular Apple and Microsoft apps, can be controlled via gestures or voice, and will run on a new operating system, visionOS, to encourage the development of new apps.
The Vision Pro has the capability for 4K video and offers spatial audio, but its battery life is limited to two hours on its external battery, a feature comparable to existing headsets like the Meta Quest 2.
🌍 Sequoia Capital's Division into Three Separate FirmsLINK
Sequoia Capital plans to split its global partnership into three separate geographic units - U.S. and Europe, China, and Southeast Asia - to better navigate "increasingly complex" market dynamics.
The restructuring is expected to be completed by March 31, 2024, and is influenced by geopolitical tensions, differences in market approach, and to avoid brand confusion and portfolio conflicts.
The U.S. firm will retain the Sequoia branding, while the Chinese and Indian units will be named HongShan and Peak XV Partners respectively.
📉 Twitter's Ad Sales Drop by 59% Amid ConcernsLINK
Twitter's advertising revenue has dropped by 59% during a five-week period between April 1st and early May compared to the same period last year, reportedly due to advertiser concerns over hate speech, pornography, and inconsistent platform support.
Actions taken by new owner Elon Musk, including firing key sales executives and reinstating banned users, have reportedly contributed to a decline in ad spending by major brands such as GM, Volkswagen, Apple, Amazon, and Disney.
Despite the challenges, some large media buyers have advised clients to return to Twitter, and newly appointed CEO Linda Yaccarino may help improve relations with advertisers and address issues around content moderation.
🤖 EU's Call to Label AI-Generated Content on Social MediaLINK
The EU is urging big tech firms to label AI-generated content to combat the spread of disinformation, with European Commission Vice President Vera Jourová emphasizing immediate implementation.
Tech giants including Google, Meta, Microsoft, and TikTok have signed up to a voluntary code of practice on disinformation, though the obligation to comply with these demands remains non-binding.
Twitter has notably opted out of the EU's anti-disinformation code, a decision described by Jourová as having "chosen the hard way."
🍎 Tim Cook Explores ChatGPT for AppleLINK
Apple CEO Tim Cook said he uses ChatGPT, the AI chatbot, and is interested in its "unique applications," while noting the potential risks of bias and misinformation in large language models.
Cook expressed his opinion on the need for regulation and ethical decisions in AI development, emphasizing that companies should also self-regulate due to the rapid pace of AI progress.
Cook's statements were made after Apple's annual developer conference, WWDC, where the company highlighted new applications of machine learning across its products, such as smart prompts for journal entries and enhanced facial recognition features.
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