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First came the burning of the Library of Alexandria. Then came the news Snapchat is constructing a paywall around Memories. The company announced last week that its capping users free Memories storage at 5GB. Those who have spent the better part of a decade cultivating massive personal archives on the app will now be forced to either export those Memories or sign up for one of Snapchats new Memories Storage plans in order to preserve them. The promise of free unlimited storage has been a big part of Snapchat’s identity. For many, it has long served as something of a time capsule, where users could store and revisit old Snaps long after they expired from the apps ephemeral main feed. In the US, storage plan costs will be $1.99 a month for 100GB of storage, 250GB with a Snapchat+ subscription, or 5TB with Snapchat Platinum. If users exceed the limit but choose not to sign up for a plan, their oldest Snaps will be saved. The most recent ones, however, will be deleted to stay within the storage limit. The news that users will soon have to pay for what they had long enjoyed for free was met with backlash online. The only reason I have snapchat in my phone is bcs it stores all the memories, i had no idea snapchat would betray us like that, one X user wrote. Just ordered a usb stick so i can transfer 10 years worth of snapchat memories onto it, another added. An online petition with almost 9,000 signatures at the time of writing dubbed the charge a “memory tax”, pointing to the declining availability and affordability of physical media in an increasingly digitized world. For the buy everything, own nothing generation, an ever-mounting number of subscription fees are increasingly required to access everything from their own data and memories, to music and movies. Funny how i had to explain to my mom, 2 days ago, that you cant buy music anymore because theyve [put] subscriptions in place for us to pay for the rest of our life, until we die, one TikTok user wrote. And now I hve to transfer all my Snapchat memories from my teenage years on a hard drive. While most social media platforms dont charge for data storage (yet), Snapchat Memories can be positioned more like a personal photo album than a public profile. Companies like Apple and Google, which are also commonly used for photo storage, all currently charge for cloud storage once a user reaches a limit. High stakes for Snapchat For many loyal Snapchat users, the stakes are high. Users have saved more than 1 trillion “Memories” since the feature was launched in 2016, according to Team Snapchat. “Its never easy to transition from receiving a service for free to paying for it, but we hope the value we provide with Memories is worth the cost, the company said in a news release last week. Thank you for trusting us with some of your most precious moments. These changes will allow us to continue to invest in making Memories better for our entire community.” For those unwilling to pay, they are left with two options to rescue their Memories from deletion. First is to manually download Snapchat Memories to the camera roll. This is limited to batches of 100 at a time, which can be a gargantuan taks if users have years worth of saved Snaps. Another option is to use Snapchats Download My Data tool to save the Memories archive and have it emailed over in a .zip file. Either way, the company has given users with more than 5 GB of Memories one year to upgrade before the storage limits come into effect.
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E-Commerce
Dell on Tuesday nearly doubled its annual profit growth target for the next four years, betting on robust demand for its servers that power artificial intelligence workloads. The company, whose customers include Elon Musk’s AI startup xAI and CoreWeave, lifted its expectations for annual growth in adjusted earnings per share to at least 15% from around 8%. Dell also said it expects compounded annual revenue growth between 7% and 9% for the next four years, up from its prior view of 3% to 4%. Insatiable demand for servers that provide the computing power needed to run services such as ChatGPT has turned Dell into one of the biggest winners of the generative AI boom. Its strong profit growth expectation may also ease investor concerns about the margin hit from competition in AI servers and the high costs of building the products. “Dell has a volume advantage due to its scale, established supply chain, and relationships with major buyers, compared to rivals like Super Micro,” Emarketer analyst Jacob Bourne said. Dell also reiterated its third-quarter and annual forecasts. It had raised its expectation for AI server shipments in August to $20 billion for fiscal 2026. “Customers are hungry for AI and the compute, storage and networking we provide to deploy intelligence at scale,” CEO Michael Dell said, adding that the company was in the early stages of AI adoption despite two years of progress. Dell expects long-term compounded annual revenue growth of 11% to 14% for the infrastructure solutions group – home to its storage, software and server offerings. That compares with its earlier expectations of 6% to 8%. The company continues to expect revenue growth of 2% to 3% for its client solutions group, which includes personal computers. Strong competition in the consumer market has hit the business in recent years, even as Dell keeps a strong position among enterprise clients. Jaspreet Singh, Reuters
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E-Commerce
Ear-splitting ads on Netflix and Hulu are no more at least if you live in California. California Governor Gavin Newsom signed a bill on Monday that requires streaming services to prevent commercials from cranking the volume when they think the viewer might have popped into the next room for a snack. Unlike many pieces of legislation, California SB 576 is short and sweet. Starting next July, any streamer that serves video to California residents shall not transmit the audio of commercial advertisements louder than the video content the advertisements accompany. The bill cites a federal version of the law designed for traditional broadcast TV, extending the rules to the newer medium. We heard Californians loud and clear, and whats clear is that they dont want commercials at a volume any louder than the level at which they were previously enjoying a program, Newsom said in a press release. By signing SB 576, California is dialing down this inconvenience across streaming platforms, which had previously not been subject to commercial volume regulations passed by Congress in 2010. Bringing old rules into the streaming era The federal version of Californias legislation, the Commercial Advertisement Loudness Mitigation or CALM Act, became law in 2010 under former President Barack Obama. That law was designed to solve a complaint almost as old as TV commercials themselves, namely that commercials are often many times louder than the content that theyre sandwiched between. “Since the 1960s, consumers have complained about the jarring effect of television commercials that jump considerably in volume a trick used by the ad industry to grab viewers’ attention, Illinois Rep. Jan Schakowsky, a co-sponsor of the CALM Act, said when the bill passed. That bill mandated that broadcast stations ensure that volume remain consistent with the level set by the viewer across ads and normal programming. The CALM Act has been settled law for more than a decade, but enforcement is a different story. In spite of the prohibition on unreasonably loud commercials, complaints to the FCC the only way the regulatory agency learns of violations are rising dramatically. The FCC received around 750 complaints in 2022, but by 2024 that number had more than doubled to 1,700. Ultimately, complaints are subjective, but advertisers and broadcasters might just be ignoring the law due to the FCCs scant enforcement efforts. Because the CALM Acts requirements pertain to the average volume of an ad, the FCC notes that advertisers may amp up the volume during some parts of a commercial while keeping other parts quieter to get around the law. To take volume irregularities into their own hands, the FCC points consumers to in-TV settings for gain control and audio limiters that internally smooth out volume across different kinds of content. The rules are evolving, slowly Californias new law adapts the federal CALM Act to the streaming era, but actually investigating violations and pursuing enforcement is far from figured out. In 2023, Sen. Sheldon Whitehouse and Rep. Anna G. Eshoo introduced an update to the CALM Act that would bring the law into the streaming age. Known as the CALM Modernization Act, the bill set out to accomplish what California just achieved on a state level, regulating the volume of ads on streaming services. Notably, the new version of the act also sought to strengthen the FCCs investigation and enforcement abilities, but both the House and Senate versions of the bill ultimately languished after being referred to committees. Enforcement is still an issue, but state laws can have an outsized nationwide impact depending on how theyre written. Californias government oversees the fourth largest economy in the world and the entertainment and streaming companies regulated by the new law are largely headquartered in the state, two factors that give the bills passage extra oomph. While an update to the federal legislation seems to have stalled out for now, the FCC could make some changes of its own. Early this year, the FCC signaled its interest in fixing the system when it opened a public comment phase in which the agency would consider other actions it could take to make sure TV viewers arent inundated by exceedingly loud commercials in the future. The FCC said that initially it saw viewer complaints drop in the early years after the CALM Acts passage, but that trend hasnt continued. Over the past several years the Commission received thousands of complaints about loud commercials on broadcast, cable, and satellite television, the agency wrote in a press release. The high number of complaints took a troubling jump last year, which warrants a second look.
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E-Commerce
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