Bitcoin rises 2% to start the week: CNBC Crypto World
On today's episode of CNBC Crypto World, major cryptocurrencies trade higher to kick off the week. Plus, Gemini, a cryptocurrency exchange and custodian, confidentially files for an IPO in the U.S. And, Michael Shaulov, CEO and co-founder of Fireblocks, weighs in on what stablecoin regulation in the U.S. would mean for the industry as the GENIUS Act stablecoin bill makes its way through the legislative process.
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Yahoo
5 hours ago
- Yahoo
Google Workspace gets bolstered with Gemini with June feature drop
When you buy through links on our articles, Future and its syndication partners may earn a commission. Google's June feature drop is bringing a boost to Workspace with Gemini integration. Users will now be able to connect Workspace apps, such as Gmail, Keep, Calendar, and more, with Gemini to receive personalized suggestions based on Workspace data. Google Slides and Vids will also receive a boost with the integration of Veo 3, Gemini's latest video generation model. Gemini Live will also be integrated into Workspace apps, so that users can have real-time conversations with the AI chatbot and brainstorm ideas on the go. Google's June feature drop brings a boost of Gemini into the Workspace ecosystem. Its latest AI video generation model is being integrated into Slides and Vids, while Gmail, Calendar, and other Workspace apps are getting Gemini's latest smarts. Veo 3 will now be able to generate high-quality video clips with realistic sound by simply giving it a prompt within Vids and Slides. For instance, if you're working on a DIY or training video and need a shot of a worker wearing a specific item to introduce a safety training or a video on how to safely start a campfire, all users need to do is describe it, and Vids will create it for you. "To help you create high-quality content, faster, we're adding powerful new features into Google Slides and Google Vids — our new AI-powered video creation app for work," Google stated in its press release. Once the video is generated, users can go in and make edits to scripts within every scene and also modify voiceovers if needed. Google Slides will now showcase several pre-designed templates that will help users select the one that fits their needs while crafting presentations. From project proposals and team meetings to creative portfolios, users can find these templates in the template gallery within Google Slides. As for the rest of the Workspace apps, Gemini will now be able to access information from Gmail, Drive, Keep, and more, to help you quickly access information across these apps. For instance, if you need a specific document from Drive or want to review your unread emails quickly, Gemini can summarize them for you. The tech gain is also bringing Gemini Live to Workspace to help users have intuitive conversations, brainstorm ideas, or simply ask Gemini a work-related question. Furthermore, Gemini's Deep Research abilities also come into play. When users upload a large document to Gemini from Google Drive, it can now combine that information with public data to give them a detailed report. It also summarizes key insights and specific facts to give users a fully rounded understanding of the topic. That said, it is important to note that Google is keeping things private when it comes to Workspace data. The tech giant reiterates that the data won't be used to train its Gemini model, and you are always in control of your privacy settings. Gemini in Workspace is widely available, and users can give it a spin today.
Forbes
7 hours ago
- Forbes
Google Confirms Upgrade Choice For 2 Billion Android Users
Decide carefully as new upgrade confirmed. Republished on June 28 withy new warnings despite Google's reassurances. Google's 2 billion Gmail users face a critical decision, as the company upgrades the world's leading email platform to make more use of AI. This means Google's cloud-based AI accessing all your content — however personal and sensitive. I've warned before that Gmail users need to understand the risks before using all these new default updates. It's no accident or surprise that Gmail's AI upgrades conflict with its quasi end-to-end encryption upgrade. One is secure, the other is not. The issue with smart AI search and smart AI replies has been privacy — pure and simple. This week, all Android users have been hit with similar warnings, as a poorly written email from Google seemed to suggest AI would access sensitive apps — including Messages and WhatsApp — even if Gemini Activity is disabled. 'Gemini will soon be able to help you use Phone, Messages, WhatsApp, and Utilities on your phone, whether your Gemini Apps Activity is on or off,' the email told users. As Gizmodo reported: 'Google to Gemini users: We're going to look at your texts whether you like it or not.' And understandably, everyone read that email the same way. Google has now told me this is misleading — the update 'is good for users.' Android phones will 'use Gemini to complete daily tasks on their mobile devices like send messages, initiate phone calls, and set timers while Gemini Apps Activity is turned off.' What that actually means is that turning off Gemini Activity doesn't stop it working on phones, which would have happened before. But 'with Gemini Apps Activity turned off, Gemini chats are not being reviewed or used to improve our AI models.' Before, if you wanted to use Gemini with messaging apps, you'd need to keep Gemini Activity on which would mean those interactions being saved. That's a privacy nightmare and it's what Google has in effect fixed. This choice is good news. This welcome clarity reflects user concerns. But that's what is still missing in the Gmail AI debate, which has been more a take it or leave it offer. I would like to see the same transparent and easy privacy choice for Gmail as well, before this goes much further. One note of caution. Any use of Gemini on Android does still save interactions for 72-hours within your account, even if Activity is turned off. Keep that in mind. And the privacy warnings have not gone away. Per Android Headlines, 'Google's Gemini AI will soon be able to access apps like Phone and Messages, even if 'Gemini Apps Activity' is off, starting July 7, 2025. While Google clarifies that turning off activity still prevents data from being used for AI training, the change sparks user privacy concerns, balancing convenience with trust in Google's data handling.' This new report warns that 'deeper integration inevitably brings legitimate concerns to the forefront for many users. The prospect of an AI having access, even if temporary, to highly personal data within call logs, private messages, and WhatsApp chats immediately raises red flags regarding individual privacy and overall data security.' This was always going to happen — it was clear from the early days of Gemini's integration into email and messages and other apps, just as it's clear with the new news that WhatsApp is to do the same with its own users' messages. As Futurism puts it, 'WhatsApp is now offering AI summaries of text threads for those too lazy to read through their messages themselves… Because what says 'I care' like breezing through an AI-generated summary of the family group chat?" A balance needs to be struck, and the risk is that users do not know enough yet about the complex web of privacy polices to make those decisions.
CNBC
8 hours ago
- CNBC
At 20 years old, Reddit is defending its data and fighting AI with AI
For 20 years, Reddit has pitched itself as "the front page of the internet." AI threatens to change that. As social media has changed over the past two decades with the shift to mobile and the more recent focus on short-form video, peers like MySpace, Digg and Flickr have faded into oblivion. Reddit, meanwhile, has refused to die, chugging along and gaining an audience of over 108 million daily users who congregate in more than 100,000 subreddit communities. There, Reddit users keep it old school and leave simple text comments to one another about their favorite hobbies, pastimes and interests. Those user-generated text comments are a treasure trove that, in the age of artificial intelligence, Reddit is fighting to defend. The emergence of AI chatbots like OpenAI's ChatGPT, Anthropic's Claude and Google's Gemini threaten to inhale vast swaths of data from services like Reddit. As more people turn to chatbots for information they previously went to websites for, Reddit faces a gargantuan challenge gaining new users, particularly if Google's search floodgates dry up. CEO Steve Huffman explained Reddit's situation to analysts in May, saying that challenges like the one AI poses can also create opportunities. While the "search ecosystem is under heavy construction," Huffman said he's betting that the voices of Reddit's users will help it stand out amid the "annotated sterile answers from AI." Huffman doubled down on that notion last week, saying on a podcast that the reality is AI is still in its infancy. "There will always be a need, a desire for people to talk to people about stuff," Huffman said. "That is where we are going to be focused." Huffman may be correct about Reddit's loyal user base, but in the age of AI, many users simply "go the easiest possible way," said Ann Smarty, a marketing and reputation management consultant who helps brands monitor consumer perception on Reddit. And there may be no simpler way of finding answers on the internet than simply asking ChatGPT a question, Smarty said. "People do not want to click," she said. "They just want those quick answers." In a sign that the company believes so deeply in the value of its data, Reddit sued Anthropic earlier this month, alleging that the AI startup "engaged in unlawful and unfair business acts" by scraping subreddits for information to improve its large language models. While book authors have taken companies like Meta and Anthropic to court alleging that their AI models break copyright law and have suffered recent losses, Reddit is basing its lawsuit on the argument of unfair business practices. Reddit's case appears to center on Anthropic's "commercial exploitation of the data which they don't own," said Randy McCarthy, head of the IP law group at Hall Estill. Reddit is defending its platform of user-generated content, said Jason Bloom, IP litigation chair at the law firm Haynes Boone. The social media company's repository of "detailed and informative discussions" are particularly useful for "training an AI bot or an AI platform," Bloom said. As many AI researchers have noted, Reddit's large volume of moderated conversations can help make AI chatbots produce more natural-sounding responses to questions covering countless topics than say a university textbook. Although Reddit has AI-related data-licensing agreements with OpenAI and Google, the company alleged in its lawsuit that Anthropic has been covertly siphoning its data without obtaining permission. Reddit alleges that Anthropic's data-hoovering actions are "interfering with Reddit's contractual relationships with Reddit's users," the legal filing said. This lack of clarity regarding what is permitted when it comes to the use of data scraping for AI is what Reddit's case and other similar lawsuits are all about, legal and AI experts said. "Commercial use requires commercial terms," Huffman said on The Best One Yet podcast. "When you use something — content or data or some resource — in business, you pay for it." Anthropic disagrees "with Reddit's claims and will defend ourselves vigorously," a company spokesperson told CNBC. Reddit's decision to sue over claims of unfair business practices instead of copyright infringement underscores the differences between traditional publishers and platforms like Reddit that host user-generated content, McCarthy said. Bloom said that Reddit could have a valid case against Anthropic because social media platforms have many different revenue streams. One such revenue stream is selling access to their data, Bloom said. That "enables them to sell and license that data for legitimate uses while still protecting their consumers privacy and whatnot," Bloom said. Reddit isn't just fending off AI. It launched its own Reddit Answers AI service in December, using technology from OpenAI and Google. Unlike general-purpose chatbots that summarize others' web pages, the Reddit Answers chatbot generates responses based purely on the social media service, and it redirects people to the source conversations so they can see the specific user comments. A Reddit spokesperson said that over 1 million people are using Reddit Answers each week. Huffman has been pitching Reddit Answers as a best-of-both worlds tool, gluing together the simplicity of AI chatbots with Reddit's corpus of commentary. He used the feature after seeing electronic music group Justice play recently in San Francisco. "I was like, how long is this set? And Reddit could tell me it's 90 minutes 'cause somebody had already asked that question on Reddit," Huffman said on the podcast. Though investors are concerned about AI negatively impacting Reddit's user growth, Seaport Senior Internet Analyst Aaron Kessler said he agrees with Huffman's sentiment that the site's original content gives it staying power. People who visit Reddit often search for information about things or places they may be interested in, like tennis rackets or ski resorts, Kessler said. This user data indicates "commercial intent," which means advertisers are increasingly considering Reddit as a place to run online ads, he said. "You can tell by which page you're on within Reddit what the consumer is interested in," Kessler said. "You could probably even argue there's stronger signals on Reddit versus a Facebook or Instagram, where people may just be browsing videos."
