Author: TechBrunch

According to Bleacher Report, Milwaukee Bucks player Giannis Antetokounmpo has launched a venture capital firm, Build Your Legacy Ventures, that will focus on investing in sports and entertainment. Antetokounmpo will serve as general partner. The fund is “not just about capital. It's about building partnerships and opening up my network to accelerate the growth trajectory of companies,” he said in a press release. “I want to help other entrepreneurs grow and succeed, especially those who face barriers.” Antetokounmpo became the latest athlete to enter the venture capital world. Specifically, Serena Williams has Serena Ventures, Kevin Durant has Thirty-Five Ventures, Stephen…

Elon Musk's high-profile role on Donald Trump's transition team has led to the selection of Musk's friends, many of them Silicon Valley venture capitalists, as collaborators. It is reported that there are. For example, the name of VC firm Andreessen Horowitz, especially co-founder Marc Andreessen, is mentioned repeatedly. He, along with Antonio Gracias and Joe Lonsdale, was asked to work with Musk's advisory committee, the Department of Government Efficiency, which is looking at ways to overcome technical challenges in collecting data on federal programs. The Washington Post reported on Sunday. They are among the few other Silicon Valley bigwigs who…

Many VCs were probably happy when ServiceTitan withdrew its S-1 notice regarding its impending public offering on November 18th. A successful IPO by the company, which develops operating software for trading businesses, could be just what the quiet IPO market needs to start shaking up. However, the timing of ServiceTitan's IPO may not be entirely based on the company's anticipated favorable market conditions. The company agreed to terms of the transaction in 2022, essentially setting a deadline for it to go public by May 2024 or risk diluting its stock. Now that the deadline has come and gone, ServiceTitan will…

As global content consumption increases and demand for non-English content exceeds demand for English-language movies and shows, IMAX leverages AI to expand localization of original content. The entertainment and media industry grew 5% to $2.8 trillion in 2023, according to a PwC report. The industry is expected to continue expanding, but the compound annual growth rate is expected to remain at nearly 4%, or $3.4 trillion, over the next five years. Non-English content is also rapidly growing in English-language markets such as the US, UK, Australia, and Canada. Last year, Netflix reported that viewership of non-English content in the UK…

Since the launch of Threads last year, users have been asking for the option to set the “Following” feed as their default feed. Now, more than a year later, Threads is finally letting users test its features. Meta CEO Mark Zuckerberg announced on Monday that the social network is currently testing options that allow users to choose For You, Following, or a custom feed as their default feed. This release comes days after Threads rolled out custom feeds, allowing users to curate feeds based on specific topics or specific user profiles. This tool will allow Threads to compete with Bluesky,…

Last week, Thai authorities announced the arrest of two organized fraudsters, one of whom allegedly drove through the streets of Bangkok sending hundreds of thousands of malicious SMS text messages to nearby mobile phones. was indicted for. This so-called “SMS blast” attack relies on the use of technology that impersonates cell towers and can send thousands of messages to devices within a close geographic radius. According to local news outlet Khaosod, the cell tower setup included an 8,000-watt mobile power plant, a Wi-Fi router, and four cell phones. The group reportedly sent nearly 1 million malicious SMS text messages over…

It's officially that time of year when music streaming services start offering users the chance to reflect on their music listening habits for the year. YouTube Music announced Monday that users can now access the 2024 Music Recap to get personalized stats on the year's top artists, songs, moods, genres, and more. The 2024 Music Overview can be accessed on YouTube and the YouTube Music app. You'll see a banner prompting you to check your summary, but if not, go to your profile, select the “Summary” option, and tap “Get Summary.” This year's YouTube Music Recap includes animated cards similar…

On Monday, the shortlist for Apple's coveted iPhone App of the Year award revealed once again how the iPhone maker is downplaying the impact of AI technology on the mobile app ecosystem. Similar to last year, Apple's top 2024 iPhone finalists list will help iPhone users perform specific tasks, such as recording professional videos (Kino), coordinating running plans (Runna), and planning trips (Tripsy). They prefer more traditional iOS apps, including apps that help them. ). Other AI apps such as ChatGPT, Anthropic's Claude, Microsoft Copilot, and apps that create AI photos and videos were not nominated for iPhone App of…

Instagram is introducing a feature that will allow users to share their location with friends through direct messages (DMs), the company announced on Monday. The feature signals that the Meta-owned social network is taking on services like Apple's Find My and Snapchat's Snap Map, which are popular ways for users to see the live locations of friends and loved ones. I am. The launch of this feature comes as no complete surprise, as Instagram was seen testing a way for users to see the live locations of their friends earlier this year. It's worth noting that Meta's other messaging app,…

Recipe app Pestle is rolling out a new feature that uses AI to automatically turn your favorite TikTok recipe videos into detailed step-by-step instructions. This new feature handles video captions, where creators tend to document ingredient lists and instructions, but is powered by on-device machine learning rather than using a third-party AI provider. This feature is similar to Pestle, which was released for Instagram Reels earlier this summer. Pestle's recipe app and cooking assistant, launched in 2022 by developer Will Bishop, makes it easy to save recipes you find on the web, just like any other app in its field.…