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TikTok might be building an Instagram alternative

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On this day in 2008, Hulu launched in the United States


In today's Techpresso:

🤔 TikTok might be building an Instagram alternative

🙃 Midjourney bans all its competitor's employees

🚫 Google restricts election-related queries for its Gemini chatbot

📲 Apple to let developers distribute apps directly from their websites

💰 AI startups reach record funding of nearly $50 billion in 2023

🎁 + 9 other news you might like

🔮 + 4 handpicked research papers and tools

🤔 TikTok might be building an Instagram alternativeLINK

  • ByteDance, TikTok's parent company, is speculated to be developing a photo-sharing app called TikTok Photos, potentially competing with Instagram, based on code and icons found in TikTok's APK file.
  • TikTok Photos aims to connect 'like-minded people who enjoy photo posts,' with features tailored for various creators, including world travelers and food bloggers, emphasizing easy enjoyment and discovery of photo posts.
  • The move to create TikTok Photos follows TikTok's strategy to expand its content offerings, including 30-minute videos and text posts, as it seeks to diversify and compete across multiple digital content fronts.
  • 🙃 Midjourney bans all its competitor's employeesLINK

  • Midjourney banned all Stability AI employees from using its service, citing a systems outage caused by data scraping efforts linked to Stability AI employees.
  • The company announced the ban and a new policy against "aggressive automation" after identifying botnet-like activity from Stability AI during a server outage.
  • Stability AI CEO Emad Mostaque is looking into the incident, and Midjourney's founder David Holz has provided information for the internal investigation.
  • 🚫 Google restricts election-related queries for its Gemini chatbotLINK

  • Google has begun restricting Gemini queries related to elections globally in countries where elections are taking place, to prevent the dissemination of false or misleading information.
  • The restrictions were implemented amid concerns over generative AI's potential impact on elections and followed an advisory from India requiring tech firms to obtain government permission before introducing new AI models.
  • Despite the restrictions, the effectiveness of the restrictions is under question as some users found ways to bypass them, and it's uncertain if Google will lift these restrictions post-elections.
  • 📲 Apple to let developers distribute apps directly from their websitesLINK

  • Apple plans to allow some developers to distribute their iOS apps directly from websites in EU countries, with a software update enabling this feature "later this spring."
  • Developers must adhere to stringent Apple requirements, including app notarization and registering website domains through App Store Connect, to use web distribution.
  • The process to distribute apps directly to iPhone users in the EU involves several restrictions, including a requirement for developers to have over 1 million first annual installs on iOS in the EU and to meet specific criteria for Apple's Developer Program.
  • 💰 AI startups reach record funding of nearly $50 billion in 2023LINK

  • AI startups reached a record funding of nearly $50 billion in 2023, with significant contributions from companies like OpenAI and Anthropic.
  • Investment trends showed over 70 funding rounds exceeding $100 million each, partly due to major companies' investments, including Microsoft's $10 billion in OpenAI.
  • While large tech companies are venturing to dominate the AI market, specialized AI startups like Midjourney manage to maintain niches by offering superior products.
  • Other news you might like

    Microsoft officially launches Copilot GPT Builder for Copilot Pro subscribers.LINK

    Apple developed a monster chip for its Apple Car project, report says.LINK

    Midjourney's consistent characters could be a minor update with major economic impact.LINK

    Apple is working on an AI-powered platform that might make mobile ads even more annoying.LINK

    Should artists be paid for training data? OpenAI VP wouldn’t say.LINK

    Meta's Ray-Ban smart glasses are becoming AI-powered tour guides.LINK

    French startup Mistral AI vows to maintain open source.LINK

    Uber CEO at SXSW: 'Our Competition Is Car Ownership'.LINK

    PostgreSQL and Databricks founders join forces for DBOS to create a new type of operating system.LINK

    Latest research and tools

    Transformer Debugger (TDB): a tool by OpenAI's Superalignment team that helps investigate behaviors of small language models by combining interpretability techniques with sparse autoencoders, facilitating the understanding of why models behave in certain ways without initial coding.LINK

    Stealing Part of a Production Language Model: researchers demonstrate methods to replicate parts of a proprietary language model without authorized access.LINK

    Is Cosine-Similarity of Embeddings Really About Similarity?: the paper questions if cosine similarity accurately reflects true similarity between embeddings.LINK

    Bitwarden Server: a project containing APIs, databases, and other core infrastructure for the backend of Bitwarden client applications, developed in C# using .NET Core and deployable via Docker on multiple platforms.LINK


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