3 Things to know

1. Ramen Profits. S'mores flavored instant ramen is a new thing hitting the shelves in Walmart.

2. App Showing Live Bar Crowds Sparks Privacy Concerns in San Francisco. [link]

3. Design Community Divided: Is Figma AI a Rip-Off Machine ?

Made with Humans AI

Meta Mashes With Photographers.

After a week of the fury of photographers, Meta changes it’s label across Instagram, Facebook and Threads.

In response to user complaints and confusion, Meta is updating its "Made with AI" label to "AI info" across all its platforms. The change comes after photographers noted the label was being applied to photos that used basic AI-powered editing tools, not just AI-generated images. Meta acknowledged the original label didn't clearly convey that the tagged images might have only utilized AI tools during the editing process, not for creation.

Protect Your Likeness:

YouTube Allows Users to Report AI Misuse

• YouTube has updated its policies to allow users to request the removal of AI-generated content that simulates their face or voice. This coming from the backlash of namely photographers.

• This change aims to address growing concerns about deepfake technology and its potential misuse.

• Users can now report videos that use AI to create realistic simulations of their likeness without their consent.

• Meta will review these reports with internal tools and remove content that violates the new policy.

• This update underscores the evolving challenges of moderating AI-generated content on social media platforms and the Meta’s role in labeling Ai Content

Stock Market Today

Federal Reserve Chair Jerome Powell indicated inflation is decreasing, but didn't confirm if this paves the way for a potential rate cut in September. New data shows job openings, while at a three-year low in April, slightly recovered in May. Bond yields, which recently rose, decreased slightly, causing the stock market to fluctuate. Investors are also contemplating the possibilities of a second Donald Trump presidency and the potential for increased fiscal stimulus.

Notable Market moves

• Stocks: Nasdaq and S&P 500 were up, nearing record closes, while Dow industrials were flat.

• Bonds: 10-year Treasury yield decreased to 4.478% after Monday's sharp increase.

• Tesla: Stock price jumped due to better-than-expected Q2 deliveries of 442,956 vehicles, exceeding the 439,000 estimate.

• Oil: Price at its highest since April due to Hurricane

The Rise and Fall of Dr. Disrespect

Herschel "Dr Disrespect" Beahm was on top of the gaming world in 2020, signing an eight-figure exclusive deal with Twitch and boasting an average of 50,000 viewers per stream. But in June of that year, everything change when Twitch permanently banned him, sparking a years-long saga of controversy and revelations that would ultimately lead to his downfall. Here is the timeline and outrage the Streaming community has been talking about the last few days.

The Scandal Unfolds

The reason behind Dr Disrespect's ban remained a mystery until a former Twitch employee revealed in June 2024 that he had been allegedly caught sexting a minor. Dr Disrespect's responses to the allegations were evasive and damaging, leading to his termination from the gaming studio he co-founded, and has been promoting for years ‘Midnight Studios’ and further public outcry. He eventually admitted to sending inappropriate messages to a minor, saying he took "moral responsibility" but downplayed the severity of his actions.

The ‘TwoTimes’, Timeline

• March 2020: Dr Disrespect signs exclusive deal with Twitch

• June 2020: Twitch permanently bans Dr Disrespect

• August 2020: Dr Disrespect begins streaming on YouTube

• March 2022: Dr Disrespect settles lawsuit with Twitch

• April 2024: Dr Disrespect discusses lost opportunities due to ban

• June 2024: Former Twitch employee reveals reason for ban

• June 2024: Dr Disrespect admits to sending inappropriate messages to a minor

• June 2024: Dr Disrespect is terminated from Midnight Society

• June 2024: New accusations of exploitation are revealed

• June 2024: Rolling Stone investigation corroborates in the allegations

• July 2024: Dr Disrespect is officially demonetized by YouTube

Beahm's story underscores the power and influence that top creators wield, even in the face of controversy. His success serves as a reminder that in the world of live streaming, creators hold significant sway, and platforms must carefully balance their need to maintain community standards with the risk of alienating popular talent.