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- Apple resumes Watch sales after ban is put on hold by Court of Appeals
Apple resumes Watch sales after ban is put on hold by Court of Appeals
Top stories today:
- Apple resumes Watch sales after ban is put on hold
- NYT sues OpenAI, Microsoft for copyright infringement
- Social media generates $11B in ad revenue from minors: study
- LinkedIn's ad revenue +10% to $4.0B in 2024
- Unicorn funding drops to $78B in 2023, lowest since 2016
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
No major news event today, in this slow-news, end-of-year holidays week.
1. Apple resumes Watch sales after ban is put on hold by Court of Appeals
Ban temporarily paused until the U.S. Customs and Border Protection decides whether redesigned versions of the Watches still infringe Masimo's patents.
Jan. 12: U.S. CBP to decide.
Ban pause may be further extended until the Court of Appeals rules on the case.
Masimo CTO Marcelo Lamego joined Apple in 2014 but left a few months later. He βproduced and authored key intellectual property related to bio-sensing,β according to his LinkedIn.
Masimo's view is that he was hired to copy and patent the blood oxygen sensing technology and left shortly after that.
2. NYT sues OpenAI, Microsoft for copyright infringement over AI training data
The lawsuit includes evidence showing GPT-4 output being copied verbatim from NYT training text
Our view: the ideal solution is for AI companies to improve the attribution capabilities of their models
Linking out to sources (similarly to what Perplexity AI does), and stopping AI models from copying training content verbatim.
Yet, the training per se should be not considered copyright violation, as that process is similar to that of a person reading a book, and such a legal stance would radically decelerate AI development.
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