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| Hi Insiders, Welcome to Inside Tech! Today's issue covers: - India's surge in smartphone exports.
- A lawsuit alleging music copyright infringement by Twitter.
- Uber's introduction of video ads in its apps.
And more... Scroll down for some "Quick Hits" and our "Question of the Week," and make sure to let us know of any topics you'd like to see covered in future issues. Cheers, Beth
p/beth-duckett | |
| 1 | | The news: India's smartphone exports have doubled in the last year, thanks to Apple's decision to move 7% of its iPhone production to the country. The total smartphone export market was valued at $5.4B in the 2022 fiscal year (FY), but it has now reached $10.9B, with Apple's iPhones contributing an estimated half of that amount Why it matters: Apple's shift in production to India has significantly impacted the country's export data, according to Business Standard. In the latest figures for FY 2023, smartphones ranked among the top five exported commodities in India, based on value using harmonized system codes. Currently, smartphones rank fifth in exports, following diesel fuel, diamonds, aviation fuel, and gasoline, a jump from the ninth position in FY 2022. What the numbers say: In FY 2020, India exported mobile phones worth $3.57B, making it one of its fastest-growing industries. The country benefits from favorable government policies, financial support, and supportive regulations for the electronics sector. With increasing production capacity and global demand, India's mobile phone exports are projected to reach $110B in FY 2026.
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| 2 | | Members of the National Music Publishers' Association have filed a lawsuit against Twitter, claiming that the platform repeatedly violates copyright law by allowing users to share music without permission. The suit is seeking damages of up to $250M for the alleged infringement of about 1,700 songs. More: - While Twitter's competitors like Facebook and YouTube have licensing deals in place and pay fees for using copyrighted music, Twitter itself lacks such arrangements.
- The lawsuit, filed on behalf of 17 music publishers, claims Twitter failed to take action to prevent the infringements despite being notified of thousands of cases.
- It provides examples of tweets containing copyrighted music, such as Mariah Carey's "All I Want For Christmas Is You," that were posted without permission.
- Members of the National Music Publishers' Association include Sony Music Publishing, BMG Rights Management, and Universal Music Publishing Group
Zoom out: -
Twitter and its owner, Elon Musk, have not yet responded to the allegations. The suit argues that Twitter's ownership change under Musk has not resulted in improvements and cites his past tweets criticizing copyright law. | | | |
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| 3 | | Uber plans to introduce video ads in its ride-hailing app, Uber Eats, and Drizly. The ads will begin in the U.S. this week and will expand to the U.K., France, and Australia later this year. More - The ads will appear during trips or while users wait for a ride, or after placing orders in Uber Eats and in search results in Drizly, the alcohol-ordering app Uber acquired in 2021.
- The ads will be up to 90 seconds long and will use user data to target relevant content.
- Tablets with ads will also be placed in some Uber cars.
- While the ads will be muted by default in apps, audio will play on tablets in cars.
- Users will have the option to opt out of ad targeting but not ads altogether.
Zoom out: - Ad sales are a significant part of Uber's growth strategy. The company has already been selling static display ads on Uber Eats since 2019 and in its ride-hailing app since last year.
- It aims to generate $1B in ad revenue by 2024.
NOTE: Inside.com founder and CEO Jason Calacanis is an investor in Uber. | | | |
| 4 | | Intel is rebranding its processors after 15 years by introducing a simpler naming scheme. With its upcoming Meteor Lake CPUs, Intel will replace the traditional "i3/i5/i7/i9" naming with "Core 3/5/7/9." More: - For example, the Intel Core i3 will be known as Intel Core 3.
- Generational information will still be included at the end of the name, such as "Intel Core 9 processor 1300AB."
- Similar to Apple, higher-end processors will include "Ultra" in their branding, signaling increased performance.
- Intel also plans to drop generational marketing, so the upcoming Meteor Lake chips won't be labeled as the "14th gen."
- The company claims the change aligns better with customer feedback for clearer processor names.
Zoom out: - Intel plans to roll out the changes in the second half of 2023, with the release of Meteor Lake PC processors manufactured on the Intel 4 process node.
- The processors are said to bring improved graphics performance and power efficiency and include a "VPU" for AI tasks.
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| 5 | Google has refreshed its Google Lens app with additional features, including a tool for identifying skin conditions. Using Google Lens, users can upload a picture to search for visual matches of skin conditions, such as a mole or rash, or physical issues like lip bumps, nail lines, or hair loss. More: - Lens will then present a list of possible conditions with accompanying images.
- The tool is meant to serve as an initial step for users who are concerned about their skin.
- Google emphasizes that the feature is not a diagnosis and doesn't replace a visit to a doctor.
- Additionally, Lens is integrating with Bard, Google's AI chatbot, allowing users to include images in their prompts and get a response based on the visuals.
What is Google Lens? - The AI-powered technology uses a smartphone camera to recognize objects and surface relevant information.
- Besides identifying skin conditions, it can translate written text in real-time, read QR codes, identify pieces of clothing, answer homework questions, and more.
- Lens has a standalone app on Android and can also be accessed on the iPhone via the Google app.
- It's also baked into the Google search bar, Google Photos, and the camera app of some Android phones.
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| 6 | | European lawmakers have approved the world's first comprehensive regulations for AI, known as the AI Act. The legislation, which received strong support from the European Parliament, aims to ban certain high-risk AI applications and increase transparency requirements. More: - The banned applications include real-time facial recognition, emotion recognition systems, social scoring systems, and predictive policing tools.
- While not banned outright, riskier AI applications such as resume scanners and AI for children will face extra scrutiny.
- Generative AI models like ChatGPT and Bard were initially not covered by the Act but were later included with transparency requirements.
- The next step involves negotiations between representatives from the European Parliament, European Commission, and Council of the European Union to finalize the law.
- Once passed, there will be a two-year grace period before EU member states can enforce the rules, with violations potentially resulting in significant fines.
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Term of the Day Weighted average: A weighted average is a type of average that considers each element's relative importance in the dataset. Question of the Week What's the most bizarre work-related dream you've ever had? Join the conversation |
INSIDE TECH LEADERBOARD (7 DAYS) |
 | AI and technology writer | | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. | | This newsletter was edited by Eduardo Garcia | |
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