The best compilation of AI and tech stories during last 24 hours.
1)
X TV Beta version is now available on Android TV
In its latest attempt to become an everything app, X has launched the beta version of its TV app on Android TV in the US market. Interested people can download the app from the Google Play Store. With X TV Beta app, you can watch live TV channels, record shows and access to library of movies, documentaries and original content. They will also get a high-quality streaming option in the form HD and 4K resolution. X has claimed that its TV app’s interface is very intuitive and highly user-friendly. However, people must note that since X TV app is still in beta version, it could contain some bugs and other issues.
2)
Microsoft Word is getting a Co-pilot feature that Automatically Summarizes Word Document
Over the last few months Microsoft has been working over-time in incorporating AI features into Microsoft 365. Keeping with this trend in mind, the software giant has now unveiled a new feature that automatically summarizes the word document as soon as it is opened. What’s so special about the new feature is that you can see summaries within the app itself, a functionality that is missing in the existing co-pilot feature. The summary will appear between the upper bar and the beginning of the document. You can see the example in the below screenshot. The summary will appear in the compact window, with users having the option to expand the window by clicking on the ‘view more’ button.
3)
After ‘X,’ Starlink may be the next to exit from Brazil
Anatel, the regulatory body that oversees the telecom operation in Brazil, is probably on its way to impose tough sanctions on Starlink, the satellite internet provider owned by Elon Musk. In fact, the situation is getting so worse for Musk companies in Brazil that Starlink’s license could even be revoked, putting an indefinite end to all the operations in the country. Brazilian government has cited Starlink’s inability to country’s rules as the reason for taking action against the company. Musk’s company, on other hand, has clarified that it won’t be complying with the rules, which it finds it unfair and autocratic. These developments come barely week after Brazil’s Supreme Court ordered the suspension of all operations of Musk’s microblogging platform ‘X.’
4)
ByteDance is chasing Banks for $9.5 Bn Loan
TikTok’s parent company is taping banking and financial giants like Citi Group, JP Morgan and Goldman Sachs for securing $9.5 Bn credit, making the largest ever corporate denominated corporate loan in Asia. The loan’s maturity will be for three years and could extend up to five years. The loan proceedings could be used for refinancing an existing $5 Bn facility and for general corporate purposes. As per people familiar with the matter, ByteDance loan carries a greenshoe option, which means that the size of the loan could very well be expanded beyond $9.5 Bn.
