The European Data Protection Board (EDPB) has published new guidance which has major implications for adtech giants like Meta and other large platforms.
The guidance, which was confirmed incoming Wednesday as we reported earlier, will steer how privacy regulators interpret the bloc’s General Data Protection Regulation (GDPR) in a critical area.
The full opinion of the EDPB on so-called “consent or pay” runs to 42-pages.
However a market leader imposing that kind of binary choice looks unviable, per the EDPB, an expert body made up of representatives of data protection authorities from around the EU.
“Online platforms should give users a real choice when employing ‘consent or pay’ models,” Talu wrote.
Read MoreEDPB Demands Real Privacy Choice from Adtech Giants Such as Meta for EU Users
Palo Alto Networks urged companies this week to patch against a newly discovered zero-day vulnerability in one of its widely used security products, after malicious hackers began exploiting the bug to break into corporate networks.
Because the vulnerability allows hackers to gain complete control of an affected firewall over the internet without authentication, Palo Alto gave the bug a maximum severity rating.
The ease with which hackers can remotely exploit the bug puts thousands of companies that rely on the firewalls at risk from intrusions.
Adding another complication, Palo Alto initially suggested disabling telemetry to mitigate the vulnerability, but said this week that disabling telemetry does not prevent exploitation.
Security firm Volexity, which first discovered and reported the vulnerability to Palo Alto, said it found evidence of malicious exploitation going back to March 26, some two weeks before Palo Alto released fixes.
Read MoreThousands of Companies Face Fresh Disaster as Firewall Bug Plagues Palo Alto Networks
The “AI ClipHero” feature creates short clips from livestreamed selling events, which often last for hours.
“Shoppable ‘explainer’ videos are the most powerful video commerce medium right now, with TikTok and Instagram becoming the primary way Gen Z discovers, learns about products and purchases products.
However, creating shoppable videos [requires] significant production times,” CommentSold CEO Guatam Goswami told TechCrunch.
AI-powered clipping software isn’t new, but not many companies have developed AI-powered tools specifically designed for live commerce.
Since launching in 2017, CommentSold now helps over 7,000 small- and mid-sized businesses deliver live shopping and e-commerce experiences.
Read MoreUnlocking the Power of AI: How CommentSold’s Live Selling Startup Creates Socially-Savvy Shoppable Clips
TikTok is rolling out its Instagram competitor, TikTok Notes, in select markets.
The app is available on the Google Play Store and Apple App Store in Canada and Australia, the company said.
Starting today, TikTok Notes is available for download and limited testing in Australia and Canada.
— TikTokComms (@TikTokComms) April 17, 2024“We hope that the TikTok community will use TikTok Notes to continue sharing their moments through photo posts.
Earlier this month, TechCrunch reported that the Bytedance-owned company’s Instagram competitor is likely to be named TikTok Notes.
Read MoreTikTok Launches Competitor App “TikTok Notes” in Canada and Australia
After its IPO, the platform is planning a slew of product features for the year ahead, and — spoiler alert — most of them are powered by AI.
“I think the IPO was an important milestone, but we’re just focused on building for our users,” Reddit Chief Product Officer Pali Baht told TechCrunch.
Reddit’s product roadmap includes faster loading times, more tools for moderators and developers, and an AI-powered language translation feature to bring Reddit to a more global audience.
According to Reddit’s IPO filing, in December 2023, 50% of Reddit’s daily active unique users were from non-U.S. countries.
The company will build on those updates with other new tools, like an LLM that’s trained on moderators’ past decisions and actions.
Read More“Exclusive Interview with Reddit’s Chief Product Officer: Enhancing User Experience through Improved Translations, Enhanced Moderation, and Advanced Developer Tools”
The EU’s latest concerns about TikTok’s DSA compliance center on the launch of TikTok Lite.
TikTok has been given 24 hours to provide the risk assessment for TikTok Lite.
It’s not clear whether TikTok conducted a DSA risk assessment for the new reward program ahead of launching TikTok Lite in the two EU markets.
But the regulation’s focus on systemic risk essentially makes such a step obligatory for features that are likely to appeal to minors.
TikTok did tell us it requires TikTok Lite users to verify that they are 18 or older in order to collect points through their use of the app.
Read MoreByteDance Must Produce DSA Risk Assessment for TikTok Lite within 24 hours for EU Review
The company has rebranded to “Limitless,” and is now offering an AI-powered meeting suite and a hardware pendant that can record your conversations.
Company co-founder Dan Siroker first posted the idea of a conversation-recording pendant last October and started accepting orders at $59.
Siroker posted the final design this week, along with the news of the company’s pivot.
It’s a web app, Mac app, Windows app, and a wearable.
We plan to reimplement many of our user’s favorite Rewind features directly into Limitless,” Siroker said.
Read More“a16z-supported Rewind shifts to crafting conversation-capturing pendant enhanced with artificial intelligence technology”
Today they are the co-founders of Cherub, a marketplace that pairs angel investors with entrepreneurs.
Johnson likens Los Angeles-based Cherub to Raya, an online membership-based community for dating, in that it matches founders and angel investors based on their preferences.
Or if an entrepreneur’s minimum investment is $25,000 but an angel investor is only investing $10,000 per deal, they can see that and not reach out to connect.
Of those deals, 40% were new angel investors, meaning they were accredited investors that had never written checks before.
Angel investor Allen Orr told TechCrunch that he had used other platforms such as AngelList in the past.
Read More“Angel Matchmaking: Cherub’s Innovative Platform for Investors and Founders to Connect and Thrive Together”
Privacy-focused search engine Brave announced Wednesday that it is revamping its answer engine to return AI-powered synthesized answers.
Brave said that informational queries, such as the one listed about the new answer engine, will automatically rely on AI to present information in a summarized format.
“The user only needs to enter a query as they are used to doing with a regular search engine.
Multiple reports have pointed out that AI-powered search could have grave effects on the future of the web.
“This challenge is not unique to Brave Search but present across most AI-powered answer engines and chatbots, premium or open.
Read MoreEmbark on a Revolutionary Search Experience with AI-Enhanced Brave Search
This week Boston Dynamics retired its well-known Atlas robot that was powered by hydraulics.
Then today it unveiled its new Atlas robot, which is powered by electricity.
Its new Atlas robot is leaner, and appears to have improved range-of-motion.
Size and ability to contort and maneuver are not cosmetic elements to a humanoid robot — they can unlock new use cases and possible work environments.
Happily for those of us who want a domestic robot to handle household chores and hold our hands whilst we cry, there are other startups working on the humanoid robot project.
Read More“First Look: Boston Dynamics’ Newly Unveiled Atlas Robot Amazes Experts”
