Posted 12/22/2023, 8:06:11 PM
Bird Goes Bankrupt as AI Hype Shifts; Apple, Google Settle Lawsuits Over Billing and Data
- Bird, once a high-flying electric scooter startup, has filed for bankruptcy after its valuation crashed from $2B to near $0.
- Devin predicts that in 2024, AI hype will shift to more niche, specialized use cases like insurance claims processing.
- Apple settles lawsuit over false advertising around its Family Sharing feature for $25M.
- Google settles lawsuit over Google Play Store monopoly for $700M, agrees to changes allowing more developer billing freedom.
- Comcast's Xfinity service suffers cyberattack compromising personal info of 36M customers.