Business, Financial & Legal News - Page 3

YouTube has announced that it will now be much easier for creators to start earning money from their videos as the eligible requirements for the YouTube Partner Program have been reduced.

World's hub for video content has announced that it has reduced the requirements to earn money from normal YouTube videos as well as YouTube Shorts, with the blog post stating that effective immediately monetization in 2023 will require 500 subscribers, 3 valid public uploads within 90 days and 3,000 watch hours within the past year. As for Shorts, creators will need to get 3 million valid public views in 90 days.

To understand how much of a reduction YouTube has made to its requirements, you need to know that the platform previously required creators to have 1,000 subscribers, 4,000 watch public watch hours and/or 10 million Shorts views to enter into the Partner Program. The newly updated policy will certainly make it easier for creators to start getting paid for their videos, and since the YouTube Partner Program is easier to get into creators are able to utilize other monetization features such as Memberships, Super Chats, Super Stickers, and Super Thanks.

South Korean lawmakers have indicted a former Samsung executive after accusing them of stealing company secrets and attempting to use that information to create a new company that would directly compete with Samsung.

The former Samsung executive is a 65-year-old that has remained unnamed, and according to reports, was taken in custody last month and charged with the theft of trade secrets. Notably, the Suwon District Prosecutor's Office has officially indicted the former Samsung executive, per an announcement made on Monday. According to reports, the former Samsung executive worked at Samsung for 18 years, while also working at another massive chip manufacturer SK Hynix.

The former Samsung executive started a new chip manufacturing company in China and Singapore, hiring two-hundred Samsung and SK Hynix employees. According to prosecutors, the former Samsung executive stole Samsung's confidential information, such as blueprints, basic engineering data, room designs, and more, between August 2018 and 2019. According to prosecutors, the ex-Samsung executive attempted to "duplicate an entire factory to manufacture and mass-produce semiconductors in China."

More than two dozen subreddits that contain more than 10 million members have started striking after Reddit's announcement that it will begin charging hefty fees to third-party apps that want to access the platform's data.

Reddit announced that as early as next month, the platform will begin charging third-party applications and their developers a hefty fee to access the platform's data. These changes came after Reddit learned that much of the platform's data was being used to train potentially lucrative AI-powered tools such as chatbots like OpenAI's ChatGPT.

Once Reddit learned this, it decided it would charge developers a fee to access its data, which resulted in Redditors joining a digital picket line as the changes to Reddit's API doesn't just influence developers looking to train AI models, but moderators and developers of third-party apps that have been using Reddit's API freely for years. Reddit moderators commonly use third-party applications to make their volunteer work much easier and less time-consuming.

Last week Apple unveiled what could be viewed as the company's most anticipated product in the last ten years, the Vision Pro mixed reality headset.

Apple's Vision Pro augmented and virtual reality headset has certainly made waves across the technology industry, with many tech-focussed YouTubers that were lucky enough to use the product for a limited amount of time taking to their channels to discuss their unique experiences. Marquess Brownlee, MKBHD, reported being very impressed with the eye-tracking, or the user's ability to navigate the user interface powered by Apple's brand new operating system, VisionOS.

If you have managed to catch any news on the Vision Pro, you have probably heard about the headset's exorbitant price tag. Apple will be slapping a $3,499 price tag on its Vision Pro, and according to reports, the company's preliminary sales expectations were at 1 million units. However, that number has reportedly been revised. According to Gizmochina, Apple has revised its initial sales expectations of 1 million to 150,000 units, or a figure that can be described as 'something much more appropriate.'

During an interview with The Babylon Bee at Twitter headquarters, Elon Musk has discussed censorship by private companies such as Google and if new laws should be introduced that protect users from private companies censoring their users.

The Babylon Bee asked the SpaceX and Tesla CEO if he believes there needs to be new laws introduced to protect users from private companies looking to censor their freedom of speech. These laws would be similar to how the first amendment protects citizens from the government censoring speech. Musk began by explaining that a lot of censorship takes place that many people aren't aware of and that most of this censorship is happening at Facebook and Google.

Musk replied to the question by saying that he believes that it would be "good" if all social media companies were forced to open source their algorithms, as that would reveal to the public what the company is/isn't suppressing and would prevent companies from secretly suppressing pieces of content.

SpaceX and Tesla CEO Elon Musk has sat down for an interview with Babylon Bee at Twitter headquarters to discuss Musk's rollercoaster takeover of the company and what the future looks like with the world's second-largest social media platform.

Before Musk acquired Twitter back in October 2022, the tech billionaire had discussed throughout multiple interviews the importance of having a social media platform committed to free speech, and he has continued expressing the same sentiment after he completed the takeover of Twitter. Musk still stands by this concept of Twitter being a place users can freely express themselves within the parameters of the law, and throughout his interview with the Babylon Bee, the Twitter owner said this value will remain paramount.

The Babylon Bee recounted a previous Musk interview where Musk said that "I want to speak my mind, even if it costs me something," which refers to Musk's belief that the right to freedom of speech should always be available, even if it costs the user, or ultimately Twitter through the loss of advertising revenue. Musk responded by recounting a recent loss of $40 million, which he says can be attributed to the new Community Notes feature, which enables Twitter users to add informed context to potentially misleading tweets collaboratively.

Twitter users are reporting a bizarre issue as deleted tweets, and retweets are reappearing on their timelines, causing users to fear the platform's handling of user information.

A significant bug on Twitter is causing deleted tweets to reappear, leaving users frustrated and raising concerns about data privacy. Security expert Richard Morrell reported that Twitter restored 34,000 of his deleted tweets, with over a million restored tweets estimated within the entire network. The issue seems to affect deleted retweets as well.

The bug primarily impacts users who deleted their tweets using third-party services like Redact or TweetDelete, although it is not exclusive to them. Users have noticed deleted tweets from November 2022 and earlier resurfacing. The cause of the bug remains unclear, but speculation suggests it may be related to server relocation and improper adjustments in the network's topology. Essentially, when Twitter moved data from one server to another, it didn't perform the transition correctly, resulting in these deleted tweets somehow resurfacing on Twitter.

Tesla investors are expressing their joy over company CEO Elon Musk's decision to start advertising its vehicles.

Until now, Tesla doesn't advertise its vehicles and has relied entirely on tweets, interviews, and announcements from the company's CEO, Elon Musk. However, that is about to change as Musk said during Tesla's annual shareholder meeting on Tuesday that the company has a plan to introduce advertising, which is said to focus on parts of the vehicles Tesla feels are undervalued.

Notably, Musk said in an interview with CNBC that the decision to start Tesla's advertising was made entirely in the moment and was actually in response to an investor's question about the topic. Admittedly, Musk said he was surprised at the reception from Tesla investors about the introduction of advertising, and while there hasn't been enough time to develop or announce any formal advertising plans, he can say that they'll emphasize information on Tesla's pricing and safety features.

Telly, a company founded and unveiled by Ilya Pozin, has announced it will be giving away half a million 55-inch 4K TVs that feature a second display that permanently runs advertisements in an effort to create the first sustainable advertising business around free televisions.

Pozin announced Telly on Monday, and its unveiling went off with a bang when the company said it would be giving away millions of premium TV sets completely free of charge, and to kick things off, it will be starting with a batch of 500,000 TVs. The Hollywood Reporter spoke to Pozin, where he explained the motivation behind giving away the televisions, saying that "Companies are making billions of dollars from ads served on televisions, yet consumers have historically had to pay for both the TV and the content they watch. All of that changes today."

So, what's the catch? As with most things you get for free, there is a downside, and Telly's free 4K TV is no exception. Firstly, The Hollywood Reporter managed to get a guided tour of one of Pozin's TVs located in Telly's New York office, as photographed above, where he said each TV set features a 55-inch 4K HDR screen, microphone at the top of the display for voice command interaction, a five driver sound bar, LED strips to illuminate the back of the TV, a HD camera for video calling/workout classes, motion sensor and a second display.

It wasn't long ago that Elon Musk sat down for an interview with Fox News to discuss various topics, one of which was the evolution of artificial intelligence and the company he originally founded, OpenAI.

The Tesla and SpaceX CEO sat down with Tucker Carlson about a month ago and shared his concerns about the exponential development of artificial intelligence, how it can develop bias, and his plan to create his own AI chatbot that will be dedicated to generating truthful responses. Throughout this interview, Musk was asked about the origin of OpenAI, a company that he originally founded with the principal of a non-profit dedicated to developing AI safety and transparently.

Musk said that since his departure from the company in 2018, many of its founding principles have been tossed out, such as OpenAI being a for-profit company, closed source, and being effectively bought by Microsoft. Musk said that OpenAI was created to be a "counter-weight to Google," and he admits that he "took my eye off the ball" as the company has now partnered with Microsoft, forming a relationship where Microsoft has a big say or even direct control over OpenAI. According to Musk, there are only two big players in the artificial intelligence game, Google and its AI division DeepMind, and now Microsoft and OpenAI.