Twitter confirmed that it's been working on an edit button to let users fix typos and errors after a tweet is posted. The company said it will start testing the feature with its Twitter Blue subscribers in "the coming months." More: - Twitter has been working on an edit button — its "most requested" feature for many years — since 2021, according to tweets from Jay Sullivan, head of consumer products.
- Currently, users who want to fix a typo have to delete and resend a tweet, potentially losing any likes, replies, and retweets that tweet has accrued.
- Sullivan noted that an edit button has the potential to raise misinformation on the platform if it's used to "alter the record of the public conversation."
- The launch of the feature "will take time" and Twitter will be "actively seeking input and adversarial thinking in advance of launching Edit," he added.
Zoom-out: - The update comes after Elon Musk, now Twitter's largest shareholder and a new board member, polled his 80.7 million followers about the option for an edit button.
- In the final results, 73.6% of the 4.4 million votes supported the feature.
THE WALL STREET JOURNAL | |
Apple is expected to announce its latest software — including iOS 16, iPadOS 16, and macOS 13 — during this year's WWDC taking place June 6 through 10. The annual developer's conference will be entirely online for most viewers and streamed on Apple's website. More: - The event will demonstrate "the latest innovations in iOS, iPadOS, macOS, watchOS, and tvOS," according to Apple.
- The company will likely release developer betas of iOS 16, iPadOS 16, watchOS 9, macOS 13, and tvOS 16.
- In addition to software, Apple could announce new hardware, such as a high-end Mac Pro desktop computer and potentially a new version of the MacBook Air laptop.
- The company could tease or announce its M2 in-house processor that's rumored for a 2022 release.
Zoom-out: - Typically, Apple announces its new software in a first-day presentation led by CEO Tim Cook and other executives.
- The company will host a special event for developers and students to watch the pre-recorded keynote and State of the Union videos from Apple Park on that day, June 6.
- Developers will also be able to access Apple engineers and tech to learn how to create new apps and interactive experiences, the company said.
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Uber announced Wednesday that it plans to add train, hotel, bus, car rental, and flight bookings to its U.K. app. Users will be able to book the services through the Uber app via software integrations with car-rental companies, airlines, and bus and rail operators. The pilot will test these new options before a potential wider rollout. More: - Uber plans to become a "super app," offering both short- and long-distance travel options.
- The new integrations will provide a "seamless door-to-door experience" for travel, according to Uber U.K. boss Jamie Heywood.
- The flight options are set to debut later this year, followed by hotel bookings, Heywood noted.
- The U.K. is one of Uber's largest markets outside North America. The British app lets Uber users book rides, bikes, boat services, and scooters.
- The news comes after Uber recently struck a deal to begin listing New York City taxis on its app. The milestone agreement will see two taxi-hailing apps, run by Curb Mobility and Creative Mobile Technologies, integrate their software with Uber's.
*Note: Inside.com's founder and CEO, Jason Calacanis, is an investor in Uber. PYMNTS.COM | |
Fast, the one-click checkout service for online sellers, announced that it is shutting down. The Stripe-backed fintech generated only $600,000 in revenue last year and ran out of funds after it failed to secure enough investments to stay afloat, an employee told Protocol. More: - The Fast Checkout service will shut down completely by April 15. Most of Fast's engineers will be given the option to join the consumer lending startup Affirm.
- Previous reports noted that Fast was planning to lay off half of its workforce while it was exploring options for a potential sale.
- In 2021, the company raised a $102M Series B round, led by payments giant Stripe. It has secured $124.5M since its 2019 inception.
- Reports noted that Fast had a high cash burn rate — up to $10M per month — and limited fundraising options.
- The company also faced fierce competition from other one-click checkout startups including Paypal and Shopify.
- Its biggest competitor, Bolt, generated $40M in revenue last year, according to The Information.
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Binance.US, the U.S. affiliate of the world's largest cryptocurrency exchange, said it raised over $200M in seed funding and is now valued at $4.5B. The group's first external funding round was led by RRE Ventures, Foundation Capital, Origin Capital, VanEck, and Circle Ventures. More: - The company is now profitable, after only three years, according to Binance.US CEO Brian Shroder, who previously said it's targeting an IPO in two to three years.
- The fresh capital will help Binance.US improve spot trading, develop new products and services, and boost its marketing and "consumer education initiatives," it said.
- Binance.US said it offers 85+ tokens and 190 trading pairs on its exchange, which can process 1.4 million orders per second.
- Its $4.5B valuation is still under that of competitor Coinbase Global, which has a market cap of nearly $40B. By comparison, NYSE operator Intercontinental Exchange has a nearly $75B market cap.
REUTERS | |
Researchers were able to create 3D renderings of actual San Francisco neighborhoods based on photos taken from self-driving vehicles. The images were used to reconstruct the city's Alamo Square neighborhood, along with the Bay Bridge and the Embarcadero area, Moscone Center, and downtown. More: - The 3D reconstructions were developed by researchers from Google, the University of California, Berkeley, and Waymo, Alphabet's autonomous driving tech company.
- They used millions of images taken over three months (day and night) from cameras mounted on Waymo's self-driving vehicles in the San Francisco area.
- They applied AI technology, called "Block-NeRF," to reconstruct large-scale scenes in 3D based on the visual data.
- The "NeRF" technology, originally developed by Google, is now being used by Nvidia and others to create 3D objects from 2D photos in seconds.
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QUICK HITS - Microsoft is bringing new features, including AI-powered automatic eye contact for videoconferencing, to Windows 11.
- Google Docs for the web is adding emoji reactions as a "less formal" way for users to deliver feedback in documents.
- A former Apple employee filed a class-action complaint accusing Apple of illegally paying its employees every two weeks instead of weekly, as required by New York state law.
- IKEA owner Ingka Group has invested ~$370M in nine solar-power projects in Spain and Germany. Enerparc will begin building the projects, expected to generate 440MW of power, this year.
- For the second consecutive year, LinkedIn ranked Amazon as the top U.S. company people want to work for. Alphabet, Wells Fargo, JP Morgan Chase, and Walmart made up the top five. Apple ranked No. 9 and Meta was No. 12.
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| | Beth is a writer and analyst at Inside.com covering artificial intelligence and daily tech news. Since starting work at Inside, she has covered various topics including virtual reality, drones, and e-commerce. Prior to that she was a public policy and investigative reporter for The Arizona Republic, where she won a Pulitzer Prize nomination and First Amendment Award for reporting on the rising costs of pensions. Reach her at Beth.Duckett@inside.com. | | | Editor | Eduardo Garcia is a writer and editor based in New York. He is writing an illustrated book about climate change that will be published by Ten Speed Press, an imprint of Penguin Random House. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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