Apple's Big Bet, Amazon's HQ2, and Facebook's News Feed Reboot
Dana Wollman, Executive Editor at Engadget, discusses Apple's announcement this week that it would invest $350 billion into the U.S. economy over the next five years. Plus, Amazon released its short list of candidates for the highly anticipated HQ2.
Wollman discusses the timing of the announcement and the types of tech jobs it would bring to the U.S. We also discuss Facebook's testing of the new algorithm for its updated News Feed that will prioritize content from family and friends over publishers. As the algorithm has been tested in other parts of the world, researchers have seen the rise of 'fake news' on the platform.
Disney content has gone dark on YouTube TV, leaving subscribers of the Google-owned live streaming platform without access to major networks like ESPN and ABC. That’s because the companies have failed to reach a new licensing deal to keep Disney channels on YouTube TV. Depending on how long it lasts, the dispute could particularly impact coverage of U.S. college football matchups over the weekend — on top of other news and entertainment disruptions that have already arrived. In the meantime, YouTube TV subscribers who want to watch Disney channels could have little choice other than turning to the company’s own platforms, which come with their own price tags.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
