FTX CEO Sam Bankman-Fried denies the report, saying no offer has been made. Robinhood shares jumped 14% to their session high after the report. The trading app's stock has dropped 48% this year amid shrinking revenue and declining users.
YouTube announced several new AI-powered tools for creators at its Made on YouTube event. Features coming later this year or next include AI-generated photo and video backgrounds, AI video topic suggestions, and music discovery. A new feature called "Dream Screens" will allow creators to place AI-generated videos and photos in the background of their YouTube Shorts. "Initially, creators will be able to generate backgrounds by typing into prompts, but eventually they will be able to use AI tools to remix and edit existing content to create something new," YouTube said.
For a limited time, Hyundai is offering a free EV charger and a discounted installation fee of $600. The deal will be available on select models through October 31. Electric cars are an attractive option because they offer a better driving experience and don't require gas money, other costs and procedures still stand in the way. Hyundai is looking to minimize these negatives with a new event that offers free chargers and up to $600 off installation. Hyundai's ChargePoint Home Flex Level 2 EV charger normally costs $549, for a total savings of $1,100.