Facebook agrees to change its algorithms to prevent discriminatory housing advertising. The company will also subject itself to court oversight. The settlement was reached with Meta Platforms Inc., formerly known as Facebook Inc.
China's central bank unexpectedly cut a key interest rate for the second time this year. The People's Bank of China said it was lowering the rate on 400 billion yuan of one-year lending facility loans. Analysts believe Chinese authorities are keen to support the sluggish economy.
YouTube is reportedly building a system that would allow users to subscribe to streaming services through the YouTube app. The Wall Street Journal reports that the company could launch the so-called “channel store” as early as this fall. A channel store makes perfect sense for YouTube, and it’s been a long time in the work
TikTok has rolled out a new in-app text-to-image AI generator. The effect is called ‘AI greenscreen’ and can be accessed via the short-form video app’s camera screen. It lets users type in a prompt and receive an image that can be used as the background in their videos.
The first Disney and Marvel Games Showcase will take place on September 9th. It will feature several Disney, Marvel, Lucasfilm and 20th Century projects. The panel will include new game announcements and updates on upcoming titles. The showcase will be streamed live on D23, Disney andMarvel's YouTube, Twitter and Facebook accounts.