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Adobe's Billion Dollar Breakup, Global Trade in Turmoil and Apple's Patent War

Anna's Daybreak News

Tuesday, 5:25 AM

December 19, 2023

Good morning news friend! As I sit here, with 400mg of Ibuprofen, 500 mg of Paracetamol and one less wisdom tooth, I feel ready to share with you the most important headlines of the day. 📰🌟

Adobe's Billion-Dollar Breakup

   Adobe's big plans to buy Figma hit a wall, costing them a billion bucks.

   What Happened? Regulators in the UK halted the $20 billion deal worrying the deal would squash innovation.

   Figma, which is like a digital canvas that businesses love, is gonna keep doing its thing on its own.

   So now, everyone's talking about how hard it is for tech startups to sell for big money when big brother is watching.

Source: Read More

Global Trade in Turmoil: Red Sea Routes in Crisis Amid Houthi Assaults

   Houthi rebels are wreaking havoc in the Red Sea, stalling global trade.

   Major shipping companies are steering clear to avoid the escalating conflict. As a result, oil and gas prices are soaring.

   What's going on? Houthi militants, supporting Hamas, attack vessels, forcing oil giants like BP, Evergreen and Maersk to press pause on shipments.

   So now, companies are worried as routes reroute, costs climb, and the global economy feels the strain.

Source: Read More

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AI Safety Lockdown: OpenAI Empowers Board to Block CEO on Risky Tech Releases

   OpenAI has a new safety rule: their board can stop AI tech from coming out, even if the release has Sam Altman's (OpenAI's CEO) blessing.

   They've got a "preparedness" team that every month checks for risks from AI, like cyber threats and nuclear dangers.

   Now, if the CEO wants to release some new AI, the board can say "Nay" if they're worried it's too risky.

   As a result of this, the new rules say only AI that's not too dangerous will get released.

Source: Read More
Apple Watch Sales Stop Dead Over Patent War

   Apple is hitting the brakes on selling its new smartwatches Series 9 and Ultra 2. The halt begins in their online shop on December 21 and in brick-and-mortar stores on Christmas Eve.

   The reason? They're caught up in a patent battle with Masimo, a medical tech outfit, over the nifty blood oxygen gadget in the watches.

   The International Trade Commission ruled that Apple played copycat with Masimo's patents.

   Meanwhile, Apple is reneging this and plans to take this matters all the way to the White House.

Source: Read More

Baked with love,

Anna Eisenberg ❤️

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