🚀 Google to Pay $350M to Settle a Lawsuit

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📚 Resources

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Market analysis of the world's biggest video platform (link)

Facebook's average revenue per user is higher than Netflix's $199 subscription (link)

A thread with 21 best use cases of Apple’s Vision Pro (link)

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🗞️ News 

Google to Pay $350M to Settle Shareholders' Data Privacy Lawsuit

Google has agreed to pay $350 million to settle a lawsuit brought by shareholders over a security flaw in its former social media platform, Google+. Shareholders claimed Google knew about the glitch exposing users' data but delayed disclosure, causing stock value drops. The settlement covers April 2018 to April 2019 and follows a $7.5 million settlement with Google+ users in 2020. Legal fees from the settlement may reach $66.5 million.

→ Read more about the data privacy lawsuit here

Spotify renews deal with podcaster Joe Rogan

Spotify renews its deal with Joe Rogan, host of "The Joe Rogan Experience," but this time his show won't be exclusive to Spotify. The multiyear deal, reportedly worth $250 million, expands the show's availability to other platforms. Despite controversies surrounding Rogan, including past comments and removed episodes, the podcast remains highly popular.

→ More details about Joe Rogan’s new deal here

Apple's new startup acquisition for Vision Pro

Apple is set to acquire Brighter AI, a German AI startup known for its advanced data anonymization solutions, to bolster privacy features in its products, including Apple Vision Pro. This move reflects Apple's commitment to user privacy and innovation. The integration of Brighter AI's technology is expected to enhance Vision Pro's capabilities, offering users a more immersive mixed-reality experience. Apple's strategic acquisition underscores its dedication to staying ahead in the tech industry and setting new standards for MR technology.

→ Learn more about Apple’s acquisition here