Music streamer Tidal has announced that it will lay off 10 percent of its staff as part of a cost-cutting strategy detailed last month by Jack Dorsey, CEO of parent company Block Inc. The move affects approximately 40 people from multiple departments, including Tidal’s playlist curation team. “We do not take these decisions lightly, and we are sincerely grateful for the contributions of our impacted teammates,” a Tidal spokesperson said in an email seen by Bloomberg.
In early November, Dorsey said Block would cap its payroll at 12,000 employees, in search of “constraints we believe will lead to greater growth.” That meant Block would need to lay off around 1,000 employees by the end of 2024, as it had 13,000 staff at the end of Q3 2023.
The move comes at an unfortunate time of year for employees, and follows major layoffs by Spotify. In a pre-holiday shocker on Monday, Spotify announced that it would cut 1,500 workers, or 17 percent of its workforce.
Tidal recently raised its subscription prices following similar moves by Spotify, Apple Music and Deezer. Those companies now charge $11 per month (up from $10) for an individual subscription, while Amazon Music recently bumped its individual plan from $9 to $10 per month. On the video streaming side, YouTube Premium recently went up from $12 to $14 per month, while services including Peacock, Paramount+, Hulu and Max all raised their prices. This article originally appeared on Engadget at https://www.engadget.com/tidal-is-laying-off-10-percent-of-its-staff-140112305.html?src=rss
EU ‘final’ talks to fix AI rules to run into second day — but deal on foundational models is on the table
As European Union lawmakers clock up 20+ hours of negotiating time in a marathon attempt to reach agreement on how to regulate artificial intelligence a preliminary accord on how to handle one sticky element — rules for foundational models/general purpose AIs (GPAIs) — has been agreed, according to a leaked proposal TechCrunch has reviewed. In
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Opal Security, which helps companies manage access and identities, raises $22M
VC investment trends in the cybersecurity market suggest a sector in decline — at least within the context of recent months. According to Crunchbase, cybersecurity deal count fell during Q3 to 153 deals from 181 in Q2. In a more detailed report, Crunchbase suggests that, with Q3 cybersecurity venture funding down 30% compared to the
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A24 movies will stream first on HBO and Max as part of a new multiyear deal
Warner Bros Discover (WBD) has scored a coup by inking a “Pay-1” deal with indie darling A24 for priority streaming rights, the company announced. That means new releases from A24 like Iron Claw (above) will appear first on HBO, Max and Cinemax before streaming on any other platform. The deal also extends WBD’s licensing for A24’s film catalog, giving it access to titles like Uncut Gems, Everything Everywhere All At Once and others.
“Movies included in the pay-1 output agreement include Dicks: The Musical, Priscilla, Dream Scenario, The Zone of Interest, Stop Making Sense (2023), The Iron Claw, Love Lies Bleeding, Civil War, and more,” Warner Bros Discovery wrote in a press release. “Between the existing and new library of A24 films, subscribers will have access to more than one hundred A24 titles over the term of the agreement.”
Typically films start in theaters, then go to digital purchase/rental before heading to streaming or OTA broadcast. Pay-1 gives streaming companies exclusive access to titles for a period of 12-18 months before they had to Pay-2 for general licensing and syndication.
Paramount’s Showtime has held the Pay-1 deal with A24 since 2019, but it expired in November 2022 (and was then extended a year), according to IndieWire. WBD only mentions having Pay-1 access to A24 movies released after the new deal, so anything released before that (Talk to Me, The Inspection and others) will likely remain Pay-1 on Showtime.
In any case, the deal will be a boon for A24 and viewers in general. WBD’s Max and Discovery+ have a combined 95.1 million subscribers, while Paramount+ has 63 million subs, and not all of those have the ad-free “with Showtime” tier. Around the end of 2022, HBO and HBO Max gained access to some of A24’s older films, but they’ll now have many more, over 100 in total.
Just ahead of the A24 deal, WBD was touting the improved tech and a updated UI of the Max streaming app. Other upcoming A24 films include Tuesday (2024, starring Julia Louis-Dreyfus) and Problemista (2024, Julio Torres, Tilda Swinton and RZA). This article originally appeared on Engadget at https://www.engadget.com/a24-movies-will-stream-first-on-hbo-and-max-as-part-of-a-new-multiyear-deal-104550565.html?src=rss
Realme’s GT5 Pro phone can unlock itself by reading your palm
When LG still made phones (sigh), at one point it tried to implement a “Hand ID” unlock gimmick on the G8 ThinQ, though in our experience, there was much room for improvement. For one, you’d have to turn on the screen first to toggle hand tracking. That was dumb. Fast forward to today, Realme is bringing a similar feature back to a new phone, the GT5 Pro, with support for some seemingly practical hand gestures.
Rather than using a time-of-flight camera and an infrared light, the Realme GT5 Pro utilizes its 32-megapixel selfie camera to detect your palm print. In the above demo, you can see how the screen wakes up automatically when the palm moves away from it. I highly doubt that the front camera stays on all the time, so I’m willing to bet that this is working in conjunction with an ultrasonic proximity sensor — most likely by Elliptic Labs, which is present on many Android handsets.
Realme said palm unlock is faster than face recognition, partly thanks to machine learning using over 10,000 models. The company even went as far as claiming that this security feature passed a penetration test involving over 10 million attacks. Still, the good-old under-display fingerprint reader is still there, so palm unlock is just an extra option — probably the most convenient for when you’re cooking or driving.
Realme
Like the LG, the Realme GT5 Pro also supports several hand gestures. A pinch gesture would toggle the recent app list, and from there you can gently brush left or right to browse through the recent apps. Holding up your index finger will toggle cursor control, and hovering over a spot triggers a click. A three-finger palm gesture takes a screenshot. Flipping your palm around takes you back to the home screen. Pointing your thumb to the left toggles a “back” action. Finally, moving your palm towards the screen switches it off.
The phone itself is otherwise a standard flagship affair. It packs Qualcomm’s latest Snapdragon 8 Gen 3 processor, a 6.78-inch curved AMOLED panel from China’s BOE (2,780 x 1,264, 144Hz, 4,500 nits), a generous 5,400mAh battery which supports 100W fast charging (12 minutes to 50 percent charge) or 50W wireless fast charging, USB-C 3.2, NFC, dual speakers and infrared remote. As part of its nine-layer thermal structure, Realme threw in a three-layer vapor-cooling chamber, which apparently has the industry’s largest cooling surface area. The device is also rated with IP64 for dust and liquid protection.
Realme
Photography-wise, you get a 50-megapixel main camera (powered by a Sony LYT-808 sensor; as found on the OnePlus 12), an 8-megapixel ultra-wide camera and the same 50-megapixel, 3x periscopic telephoto camera (with a Sony IMX890) as the one on the Oppo Find X6 series. You can already tell the synergy between Realme, Oppo and OnePlus within the BBK family here.
The Realme GT5 Pro is available in China starting from 3,298 yuan or about $460 for the 12GB RAM with 256GB storage model, and maxing out at 4,198 yuan or $590 for the 16GB RAM with 1TB storage model. Color options include black for the glass body, and orange or gold for the vegan leather options.This article originally appeared on Engadget at https://www.engadget.com/realmes-gt5-pro-phone-can-unlock-itself-by-reading-your-palm-091320182.html?src=rss
Unveiling the BMW CE 02 Electric Scooter
Today we’re diving into something that’s electrifying the world of urban mobility – the BMW CE 02 Electric Scooter. As we continue to embrace sustainable transportation, BMW has rolled out…
Following UK expansion, Robinhood brings crypto trading to EU
Robinhood’s long-awaited international expansion is at full throttle. The stock-trading app tailored to the younger generations is launching its crypto app to all eligible users in the European Union, the company said Thursday. The announcement comes on the heels of its foray into the U.K. just a week ago. While it’s taking crypto trading to
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European neobroker Scalable Capital raises $65M on a flat $1.4B valuation
Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity ($65 million at today’s rates). It will be using to build out its business in
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After e-signatures, Tomorro believes e-contracts will be the next big thing
You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And today, the company is announcing its new brand and an $11.9 million funding round (€11 million). The reason why Leeway is becoming Tomorro is that
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Five-month-old Indian AI startup Sarvam scores $41 million funding
Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack generative AI offerings. The $41 million funding raise is across the Seed and Series A financing rounds. Lightspeed led the rounds with participation from Khosla Ventures and
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