Wed. 12/18 – Is Your Home Internet Router About To Be Banned?
Dec 18, 2024
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Could your home internet router soon be banned? The U.S. targets Chinese tech in American households while Nvidia unveils an affordable AI dev kit that promises impressive performance. Meanwhile, Hollywood's theatrical strategy is shifting—doing well in cinemas boosts streaming success. Instagram is evolving into Meta's major revenue source, with projections showing a 50% ad sales share by 2025. Plus, a Grubhub legal settlement highlights deceptive practices in food delivery. It's a whirlwind of tech and entertainment updates!
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Quick takeaways
The potential ban on TP-Link routers due to national security concerns demonstrates rising U.S.-China tech tensions over cybersecurity issues.
NVIDIA's new AI development kit, offering improved processing capabilities, signals a shift towards more accessible AI technology for developers and enthusiasts.
Deep dives
Potential Ban on TP-Link Routers
The U.S. government is considering banning TP-Link routers, a Chinese manufacturer that dominates the American market with a 65% share. Authorities are investigating links between these routers and cyberattacks, raising national security concerns. Investigations by the Commerce, Defense, and Justice Departments suggest that the routers could be used by hacking networks tied to Chinese actors targeting Western entities. This potential ban marks a significant move in U.S.-China tech tensions and follows similar actions against companies like Huawei.
NVIDIA's New AI Development Kit
NVIDIA has launched the Jetson Orin Nano Super Developer Kit, priced at $249, which offers significant improvements in AI processing capability compared to its predecessor. This compact AI board is touted for its versatility in enabling developers to create projects ranging from chatbots to AI-driven robots. Enhancements include advanced features such as a powerful GPU and CPU, along with various connectivity options that make it compatible with existing technologies like Raspberry Pi. With this release, NVIDIA aims to cater to both hobbyists and professional developers seeking affordable AI solutions.
Shifting Strategies in Hollywood's Theatrical Releases
Hollywood is increasingly recognizing the impact of theatrical releases on streaming success, with studios like Amazon using films such as 'Red One' to blend theatrical promotion with streaming launches. Despite initial box office challenges, 'Red One' saw record viewership on Prime Video, suggesting that theater showings can boost streaming visibility. The general consensus has shifted back to valuing theatrical campaigns as crucial marketing tools, with companies reporting data that shows films performing better on streaming after a cinema run. This trend indicates a strategic pivot in how studios view the relationship between theatrical and streaming releases.
Instagram's Growth and Market Dominance
Instagram is poised to become a major revenue driver for Meta, with predictions that it will generate $32 billion in U.S. ad revenue by 2025. This marks a significant growth from around 30% of Meta's global business in early 2022, highlighting its transforming role within the company. The shift toward video content, particularly through features like Reels, is integral to this growth, as users increasingly engage with video on the platform. Instagram's evolution into a video-first platform reflects broader trends in social media consumption and competition with rivals like TikTok.
Is your home internet router about to be banned? The US has a new Chinese tech target. An AI dev kit from Nvidia. Who actually buys the most chips from Nvidia? Hollywood has flip-flopped on the whole theatrical release strategy. And why Instagram is officially king of the hill at Meta.