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Business News for April 26 | GM Cars Tracking People without Consent
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Hey there, listeners! Welcome to another exciting episode of Right About Now with Ryan Alford. In this episode, we covered a wide range of topics from business and marketing news to technology and entertainment updates. Here's a detailed synopsis of what we discussed:
Business and Marketing News: We kicked off the episode by discussing the latest business and marketing news of the week. From mortgage demand dropping to interest rates soaring, we delved into the implications for the housing market and the economy as a whole.
Perplexity AI: We explored the emergence of Perplexity AI, a search startup that achieved unicorn status by raising significant funding. We discussed how their generative AI search platform is changing the landscape of search engines by focusing on providing answers rather than search results.
GM Cars Tracking: We delved into the controversy surrounding GM cars tracking drivers without their consent and sharing data with third parties, including insurance companies. We highlighted the privacy concerns and legal issues raised by this practice.
MetaQuest Headset Operating System: We discussed Meta Platforms' decision to open up its MetaQuest headset operating system to other hardware makers, aiming to boost its standing in the augmented reality and virtual reality industries. This move is expected to bring more players into the AR and VR space.
Kentucky Medical Cannabis Licenses: Kentucky announced a lottery system to award licenses for its medical cannabis program, signaling a step towards the legalization and regulation of cannabis in the state. We explored the business implications and the growing trend of cannabis legalization across the country.
TikTok Ban: We touched on the potential ban of TikTok if ByteDance doesn't sell, highlighting the uncertainty surrounding the popular social media platform and its impact on businesses and content creators.
Netflix Subscriber Growth: We discussed Netflix's subscriber growth after cracking down on password sharing, leading to a significant increase in new memberships and revenue. The shift in strategy reflects the company's efforts to maintain growth and profitability.
Final Thoughts: We wrapped up the episode with reflections on the evolving landscape of technology, entertainment, and business, urging listeners to stay informed and engaged with the latest developments.
Timestamps:
00:00:26 - Weekly business and marketing news
00:02:12 - National Superhero Day and the championship belt
00:03:48 - National Honesty Day discussion
00:05:04 - Mortgage demand drop and impact on the housing market
00:07:08 - Perplexity AI becoming a unicorn
00:14:51 - Netflix subscribers increase after password sharing crackdown
00:19:29 - Meta opening up Quest headset operating system
00:32:39 - Kentucky's lottery for medical cannabis business licenses
00:35:10 - Potential TikTok ban and its implications
00:36:58 - Final thoughts and sign-off
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