Yahoo Launches AI-Powered News App 🍭

Yahoo improving their tech, Elon getting his $50B payday, and more...

Today’s Menu 🥠

  • Yahoo Launches AI-Powered News App

  • Elon Musk Getting Sued But Also Paid

  • LinkedIn Upping Their AI Presence

  • Everything Else You Need To Know

Read Time: 3 minutes

Fast Snacks 🥡

Former NSA Head Joins OpenAI Board
Paul M. Nakasone, former head of the NSA, has joined OpenAI's board of directors to help guide AI safety and cybersecurity efforts…

Amazon's New Alexa Faces Significant Delays
Amazon's next-gen Alexa, designed to be more conversational and contextually aware, is reportedly far behind schedule and struggling with technical and organizational challenges…

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Renewing Artifact
Yahoo Launches AI-Powered News App

Yahoo has launched a new AI-powered personalized news app that leverages technology from the Artifact app acquired earlier this year. 

The app, available on iOS and Android, offers features like Key Takeaways for bullet summaries of articles, customizable news feeds, and the ability to block unwanted content.

Yahoo News also includes gamified elements and a revamped online homepage with personalized recommendations.

All About Elon
Tesla Internal Lawsuits & Pay Packages

Tesla investors are suing Elon Musk and the company's board for allegedly diverting resources to Musk's rival AI startup, xAI. The lawsuit claims Musk breached his fiduciary duty to Tesla by launching xAI and shifting talent, funds, and processing power away from Tesla.

Despite these allegations, Tesla shareholders then decided to reapprove Musk's massive pay package, which had been voided by a Delaware court earlier this year.

The ball-park isn’t the only place to look for home runs. Best Buy has a proven record of placing early bets on home-tech products that go on to dominate the market.

  • Ring - acquired by Amazon for $1.2B

  • Nest - acquired by Google for $3.2B

Pay attention, because Best Buy just unveiled a new smart-home product in 100+ stores with massive potential – RYSE Smart Shades. RYSE is positioned to dominate the smart shades market (currently growing 50% annually) and there’s still time to invest in their $1.50/share public offering.

Their share price has risen 50% year-over-year, with strong upside as they scale into retail. Missed out on Ring and Nest? This is your chance to secure your stake in the smart home market.

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New Features
LinkedIn Upping AI Presence For Premium Subscribers

LinkedIn is enhancing its AI-powered job-hunting features for Premium subscribers by offering tools to help tailor resumes and provide job search assistance.

New features include natural language job searches, personalized resume feedback, and AI-generated cover letters.

Additionally, LinkedIn is piloting AI personas from experts for business advice and promising improvements to its search capabilities with generative AI.

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Everything Else You Need To Know

  • Apple Pay on Desktop Chrome: iOS 18 will allow users to make Apple Pay transactions on non-Safari desktop web browsers by scanning a code with an iPhone — enabling Apple Pay on Chrome, Firefox, and even Windows PCs.

  • Google’s AI Summaries Impact News: An experiment by Press Gazette found Google’s AI summaries appear on nearly a quarter of top news-related searches, pushing down organic results and potentially reducing traffic for publishers.

  • Ford Eases Dealership EV Requirements: Starting July 1st, all 2,800 US dealerships can sell Ford EVs without needing extensive on-site EV chargers or advanced staff training.

  • WhatsApp Video Call Upgrades: Meta is introducing features like speaker spotlight and improved screen sharing with audio. Additionally, the video call participant limit is now 32 people across all devices, including desktop apps.

  • Apple and OpenAI Partnership Details: Apple believes the exposure ChatGPT gains from being on Apple devices is valuable enough and they won’t be paying OpenAI for their partnership.

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