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“Revolutionizing WhatsApp Business: The Integration of AI-Powered Functionality by Meta”

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Today, Meta announced AI-powered features for WhatsApp Business apps, such as helping with the creation of click-to-WhatsApp ads and generating responses to frequent customer messages. WhatsApp Business users will be able to leverage AI to create Facebook and Instagram ads that can start a WhatsApp chat with a business. The company said it is testing AI-powered customer support, which will automatically answer customer queries related to catalog or frequently asked questions. Meta noted that it plans to denote AI-generated messages clearly so customers know that they are not talking to a representative of a company. While Meta is offering these tools without a cost, its primary driver for revenue on the WhatsApp Business platform is businesses having more conversations with customers.
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Introducing Meta Verified: WhatsApp Business Users in Brazil, India, Indonesia and Colombia Now Have Access!

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Meta on Thursday said it is rolling out its Meta Verified program for WhatsApp Business users in Brazil, India, Indonesia and Colombia, and eventually to more countries. The plan also lets businesses use their WhatsApp Business account from multiple devices. Until now, WhatsApp Business users had to use their personal phone numbers to service customer calls. With more than 200 million monthly users on WhatsApp Business, Meta is trying to build a full suite of solutions that businesses can tap for communicating with their customers. The company said existing commerce and payment services only cater to the top 200 million users.
Read MoreIntroducing Meta Verified: WhatsApp Business Users in Brazil, India, Indonesia and Colombia Now Have Access!

UK Retailers Band Together to Sue Amazon for Alleged Data Misuse, Demanding £1.1B in Damages

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BIRA also takes aim at Amazon’s “Buy Box,” claiming that Amazon manipulated which retailers were selected for the coveted placement. BIRA and its legal team say that the claim is the biggest ever collective action to be launched by retailers in the country. Making itself a must use for retailers, Amazon has then proceeded to cause damage and financial loss to retailers by misusing their confidential data that Amazon was entrusted to keep safe and by preferencing its own retail operations. Retailers in the U.K. were entitled to be treated better and fairly by Amazon. The U.K. is its largest international market, where it made $33.6 billion in revenues in 2023 (out of $575 billion in global revenues).
Read MoreUK Retailers Band Together to Sue Amazon for Alleged Data Misuse, Demanding £1.1B in Damages

Google Play Takes Action Against AI Apps Amid Spread of Deepfake Nude Creation Programs

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Google on Thursday is issuing new guidance for developers building AI apps distributed through Google Play, in hopes of cutting down on inappropriate and otherwise prohibited content. Schools across the U.S. are reporting problems with students passing around AI deepfake nudes of other students (and sometimes teachers) for bullying and harassment, alongside other sorts of inappropriate AI content. Google says that its policies will help to keep out apps from Google Play that feature AI-generated content that can be inappropriate or harmful to users. It points to its existing AI-Generated Content Policy as a place to check its requirements for app approval on Google Play. The company is also publishing other resources and best practices, like its People + AI Guidebook, which aims to support developers building AI apps.
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“Revel Announces Layoffs of 1,000 Ride-Hail Drivers, Emphasizing Preference for Contract Work”

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And it started an all-Tesla, all-employee ride-hail service, in part so its charging infrastructure would see guaranteed utilization. The move comes after Revel successfully piloted the model in late February with 100 Revel drivers and has since brought on 100 more. The question of flexibility has been at the heart of the debate over whether ride-hail drivers should be classified as gig workers or employees. That said, Rubinson says Revel’s ride-hail portion of the business recently hit gross margin positivity and was tracking to be EBITDA positive by the end of the year. In 2022, Frank Reig, Revel’s CEO, told TechCrunch that over 90% of its charging hub utilization came from Revel’s own ride-hail fleet.
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Exploring Fisker’s downfall and the expansion of robotaxi services across American cities

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Your usual host Kirsten Korosec is taking a much deserved vacation, so I’ll be walking you through this week’s transportation news. A little birdImage Credits: Bryce DurbinA lot of little birds have been talking to senior reporter Sean O’Kane about what is going on behind EV startup Fisker. Other deals that got my attention …Euler Motors, an Indian manufacturer of commercial EVs, raised $24 million in a Series C extension. Gireve, a French B2B platform for EV charging, raised €20 million to expand further in Europe and internationally and develop new services. Zoox plans to test its robotaxis in Austin and Miami this summer, making them the Amazon-backed company’s fourth and fifth test cities.
Read MoreExploring Fisker’s downfall and the expansion of robotaxi services across American cities

“RapidSOS and Google join forces to provide enhanced 911 communication via RCS”

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Google said today it is partnering with RapidSOS, a platform for emergency first responders, to enable users to contact 911 through RCS (Rich Messaging Service). Initially, this feature will be available only to Google Messages users. According to AccesSOS, a non-profit working on emergency contact, only 54% of 911 call centers in the U.S. provide text-to-911 services. As this feature is based on RCS, which enables rich messaging and media support, users can send pictures and videos to emergency services for better context. Plus, Android’s emergency location services can provide information such as accurate location and device language to emergency responders to better help people in need and opt-in medical information.
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“New Policy Requires Twitch DJs to Compensate Music Labels for Playing Songs on Livestreams”

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Twitch has come up with a solution for the ongoing copyright issues that DJs encounter on the platform. Participating DJs in the program must contribute a percentage of their earnings from streams to cover some of the music rights costs. Twitch partnered with all major labels to bring a majority of popular music to the offering, including Universal Music Group, Warner Music Group, and Sony Music, as well as several independent labels represented by music licensing partner Merlin. Additionally, a one-year subsidy is being offered to existing Twitch DJs, providing financial support and a transition period to adapt to the new program. Twitch will soon require DJs to share part of their revenue with the music industry.
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“Kleiner Perkins Dominates $14.4M Seed Investment in Paradigm-Shifting Fizz: The Ultimate Credit-Building Debit Solution for Gen Z Scholars”

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“I couldn’t get a credit card because my parents couldn’t co-sign,” Kobe recalls, “and I didn’t want to put down a large security deposit. Scott points out that New York-based Fizz set out to offer college students a different entry ramp into building credit. And if you ask any of them, they’ll tell you that they’re credit card averse, but they’re not necessarily credit averse,” he told TechCrunch. ”Fizz is one of several fintechs aiming to serve the expansive Gen Z market. For instance, Frich, a financial education and social community for Gen Z, just raised $2.8 million in seed funding.
Read More“Kleiner Perkins Dominates $14.4M Seed Investment in Paradigm-Shifting Fizz: The Ultimate Credit-Building Debit Solution for Gen Z Scholars”

Sirion Boosts Enterprise AI Tools Business with Eigen Acquisition, Now Valued at $1B

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But look beyond the hype and high-profile deals like the one between OpenAI and PwC last week, and you’ll see that the world is already years into using customer-facing, no-code AI tools for extracting information and working faster. The deal underscores not just the opportunity around increasing demand for AI in the B2B market, but also a wider trend in enterprise IT. Eigen and Sirion are not disclosing the financial terms of the deal, but below is relevant context that tells some of the story. London-based Eigen is led and co-founded by Dr Lewis Liu, an Oxford PhD who studied both art and physics. It says that it works with over 250 large enterprises manages more than 7 million contracts worth $800 billion.
Read MoreSirion Boosts Enterprise AI Tools Business with Eigen Acquisition, Now Valued at $1B