Business and Tech News - 3.19.24

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Skool Projekt Staff
March 19, 2024

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Apple In Talks To License Gemini AI For iPhones

Apple is reportedly in discussions with Google to integrate Google's Gemini artificial intelligence engine into upcoming iPhone features. While details about the licensing, branding, or implementation remain undecided, the partnership could significantly expand Google's AI reach to Apple's vast user base and alleviate concerns about Apple's pace in rolling out AI applications. The potential collaboration, expected to be announced possibly by June, also reflects Apple's ongoing exploration of AI capabilities, including talks with ChatGPT's maker, OpenAI. This development coincides with Alphabet's shares surging over 6%, with Apple's rising 2.5%, highlighting the market's positive reaction to the potential strategic alliance.

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SCOTUS To Hear Arguments About Censorship

The Supreme Court is set to hear Murthy v. Missouri, a pivotal case that could redefine the boundaries of government interaction with social media platforms regarding content moderation. This case examines whether the U.S. government's practice of flagging potentially harmful content, such as vaccine misinformation or election threats, to platforms like Facebook constitutes unconstitutional coercion, or "jawboning." Originating from a lawsuit by Republican attorneys general, the case challenges communications between government entities, like the CDC, and social media companies. The outcome could significantly impact how misinformation is managed online and the relationship between government officials and digital platforms, with a decision expected by June.

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United Airlines CEO Tries To Reassure Customers

United Airlines CEO Scott Kirby has issued a reassurance to customers emphasizing the airline's commitment to safety following several incidents involving its Boeing jets. Recent issues include a Boeing 737-800 landing with a missing fuselage panel and other incidents across different Boeing models, including engine flames, a lost wheel, a runway slide-off, and hydraulic fluid trail. Kirby highlighted intensified safety focus, enhanced pilot training, mechanic training updates, and better supplier network management in response. The airline, heavily reliant on Boeing aircraft, is also contemplating expanding its fleet with Airbus models amid ongoing Boeing quality concerns.

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Sports Illustrated Signs Deal To Avert Shutdown

Sports Illustrated, a hallmark of sports journalism, has transitioned to a new publisher, Minute Media, following Arena Group Holdings' layoffs. Authentic Brands Group, which owns the brand rights, announced the shift, seeing Minute Media—owner of The Player’s Tribune and other media outlets—as a promising steward to uphold and evolve Sports Illustrated's esteemed legacy. The deal includes equity for ABG in Minute Media and aims to enhance the publication's global reach and technological innovation while preserving its journalistic integrity. Minute Media plans to potentially retain most of Sports Illustrated's staff, emphasizing a commitment to the brand's core mission and expansive future vision.

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Uber Agrees To $178 Million Payout to Taxi Drivers in Australia

Uber has settled a lawsuit in Australia for $178 million, addressing claims from over 8,000 taxi and hire car operators who alleged income loss due to Uber's market entry. The settlement, announced by Maurice Blackburn Lawyers, marks a significant closure to the legal battle that highlighted Uber's aggressive expansion tactics. While Uber acknowledges its past contributions to taxi compensation schemes, details of the settlement await court approval. This resolution underscores Uber's efforts to resolve legacy disputes as it operates globally, amidst varying legal challenges in the transportation industry.

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