Latest news
Paccar will initiate software updates for trucks equipped with MX-11 and MX-13 engines in response to the U.S. Environmental Protection Agency's (EPA) revised diesel exhaust fluid (DEF) inducement guidance. The new software will raise the final inducement speed limit and extend the time for drivers to address emissions issues, reducing operational disruptions.
The Conference Board's Employment Trends Index for June fell for the second consecutive month, indicating that the U.S. job market still exhibits characteristics of 'low hiring and low turnover.' The proportion of consumers who believe 'jobs are hard to find' rose to its highest level since January 2021, and initial jobless claims also rose to the highest monthly average of the year.
Instagram has introduced AI-driven translation for Reels in five additional languages, enabling automatic dubbing and captioning. The feature, available to creators with over 1,000 followers, now supports up to 18 languages per Meta, though Instagram's chief cites 14. Creators can review or disable translations before posting.
TikTok Shop sellers in the UK now have access to a revamped Product Traffic Analysis flow within Shop analytics, providing more specific insights into product listing performance. The update, which was widely requested by merchants, includes new features such as product rankings by content format, search and discovery appearance data, and expanded traffic source breakdowns. These enhancements aim to help sellers better understand traffic origins and conversion efficiency, aligning with merchant operational workflows on TikTok.
Snapchat has announced a new collaboration with Dick's Sporting Goods, leveraging LiveRamp's clean room technology to provide advertisers with direct data on how Snapchat campaigns influence in-store sales. The integration is now available to all U.S. advertisers.
Google has revamped Google Images with a dynamic, Pinterest-like gallery and added an AI-powered tool for generating images to use as search starting points. The update also introduces collections for saving ideas, rolling out to U.S. users on desktop over the coming weeks.
TikTok's exclusive livestream event with Madonna for her album 'Confessions II' drew over 2.1 million concurrent viewers, setting a new platform record for artist streams and underscoring the app's growing focus on live music content.
On June 26, Waabi announced that its autonomous driving system, Waabi Driver, has successfully migrated from the Peterbilt 579 to the Volvo VNL Autonomous without additional engineering, data collection, or retraining. This "generalized zero-shot migration" capability is seen as a key step toward the large-scale deployment of autonomous driving.
Instagram chief Adam Mosseri announced that users will soon have to pay for additional access to AI-powered tools, citing the high cost of running these models. The company is developing a subscription model to complement existing free usage caps, aligning with Meta's broader strategy to monetize AI features.
TikTok has announced a multi-pronged initiative to address the rise of AI-generated content, including an educational guide, an in-app hub, expanded funding for AI literacy programs, improved detection systems, and broader labeling partnerships. The company also highlighted the removal of over 86 million fake accounts in the first three months of the year.