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In this episode of Discover Daily, we explore captivating stories from finance, technology, and regulation. We begin with Keith Gill, known as Roaring Kitty, who revealed a substantial position in GameStop valued at around $200 million, reigniting interest in the meme stock phenomenon. We also delve into the Arnault family's strategic moves within the luxury empire LVMH, as Frédéric Arnault is appointed managing director of Financière Agache, suggesting a gradual shift of power to the next generation.

Next, we examine groundbreaking legislation in New York that bans social media platforms from using algorithmic recommendation feeds for users under 18, aiming to protect minors from the potentially addictive nature of these feeds. We also discuss the security vulnerabilities discovered in Microsoft's new Recall feature, raising concerns about privacy and the importance of assessing potential risks associated with new technology.

Finally, we explore China's advancements in AI video generation with the introduction of Kling, a new model that rivals OpenAI's Sora, highlighting China's potential to compete on a global scale. We conclude with a look at Apple Intelligence, the company's suite of AI and machine learning technologies, as Apple prepares to unveil significant AI advancements at the upcoming Worldwide Developers Conference.

From Perplexity's Discover feed:

Roaring Kitty Lost Over $200M Live
https://www.perplexity.ai/page/Roaring-Kitty-loses-LoMqxfx3RQWQNDqtj7MMHg

Frédéric Arnault Will Run LVMH Holding
https://www.perplexity.ai/page/Frederic-Arnault-will-AwJeeYiZQ4.nNL3D8zcKIw

New York Bans Algo-Feeds for Minors
https://www.perplexity.ai/page/New-York-bans-cSgXOvLKTN6goAepr8SVKA

Microsoft's Recall Vulnerability
https://www.perplexity.ai/page/Microsofts-Recall-Vulnerability-XXfo.BdrQPOFnD6RKHliHA

China’s Kling AI Video Model
https://www.perplexity.ai/page/Chinas-Kling-AI-sauRg4ttTYqrQspmBtNUag

What Is Apple Intelligence?
https://www.perplexity.ai/page/What-is-Apple-3dFcdceTR4W5eqZV.8A_iw

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Roaring Kitty's GameStop Bet, Arnault's Luxury Move, NY's Algorithm Law, Microsoft's Recall Flaw, and Kuaishu's AI Video Challenge 05:09 Share

Discover Daily by Perplexity

Shownotes Transcript

Roaring Kitty's GameStop Bet, Arnault's Luxury Move, NY's Algorithm Law, Microsoft's Recall Flaw, and Kuaishu's AI Video Challenge