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Hey Edge Family, good morning! Crazy way to cap off the week, Apple was sued by the US Department of Justice.
The Breakdown
🚨 Latest Developments
Source: NYT
Big Takeaway: The DOJ has filed a lawsuit against Apple, alleging that the company's iPhone ecosystem is a monopoly, which has contributed to Apple's high valuation at the expense of consumers, developers, and competing phone manufacturers.
Filed in New Jersey federal court by the DOJ and 16 attorneys general, the suit claims Apple built a protective moat around its smartphone monopoly through anti-competitive conduct.
U.S. Attorney General Merrick Garland emphasized Apple's power to control prices and exclude competition, warning against unchecked monopoly strengthening.
Apple's shares dropped over 4% following the lawsuit announcement. Potentially breaking up Apple is considered a possibility if the U.S. wins the lawsuit.
Do you think Apple should be sued for their iPhones? and why?
Latest developments in AI
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Our research team spends all day learning what’s new in AI, then distills the most important developments into one free email every morning.
Source: Microsoft
Big Takeaway: Microsoft is launching the Surface Pro 10 for Business and Surface Laptop 6 for Business, emphasizing AI capabilities for the business market.
The new Surface devices are powered by Intel’s Core Ultra processors and feature a dedicated Copilot key for easy access to Microsoft's AI chatbot.
Both devices include a Neural Processing Unit (NPU) to enhance AI-powered features in Windows 11.
Microsoft promises up to 19 hours of battery life for these new devices, thanks to the efficiency of the new Intel chips. Both new Surface models are set to ship to commercial customers starting April 9th.
🔎 Extra Insights
Reddit closed its first trading day at $50.31 per share, up 48% in one day despite being unprofitable with 804 million in 2023 revenue. With the potential to monetize its user data for training AI models, investors are likely excited`, though the FTC has opened an inquiry into Reddit's data licensing plans.
Medics and developers have developed an AI tool that can predict which breast cancer patients are more likely to experience side-effects such as lymphedema (painful arm swelling), skin changes, scarring, and heart damage after treatment. The AI tool was trained using data from 6,361 breast cancer patients and can predict the risk of lymphedema up to three years after surgery and radiotherapy with an overall accuracy of 73.4%.
Tennessee Governor Bill Lee signed the Ensuring Likeness Voice and Image Security (ELVIS) Act into law, aiming to protect musicians from unauthorized AI use. The legislation updates Tennessee's existing personal rights protection law to include safeguards for creators' voices against misuse by AI models that generate human impersonations.
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💻 Real Life Use Cases
Chat GPT Prompt: Long-Form Sales Framework
Use this ChatGPT template to construct a long form sales pitch for your next copywriting task.
Copy and paste the prompt below:
What structured method can be used for long-form sales pages to maintain reader interest and strategically guide them towards a purchase decision for (insert product or service)?Here’s a link to the results:
💼 Who’s Hiring in AI
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🎲 AI Game
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