Legal Battles, Sponsorship Controversies, and Device Business Woes

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The chapter covers the legal disputes and controversies facing a major company, including exclusive brand partnerships with the Olympics, excessive caffeine in energy drinks, and financial losses in the devices business. It delves into Coca-Cola's sponsorship history with the Olympics, legal issues with Team USA, Amazon's efforts to monetize Alexa amidst financial losses, challenges in monetizing Echo devices, potential development of a foldable iPhone by Apple, and the risks and benefits associated with it.

Episode 372: Neal and Toby recap the FTC’s probe into how companies may use AI to use personalized pricing for its customers. Then, a roundup of the biggest news in the day’s tech earnings from Tesla and Alphabet. Also, the coveted NBA TV rights deal adds some spice when Warner Bros. threw its hat in the ring by matching Amazon’s offer. Next, Logan Paul’s drink brand PRIME is sued by the US Olympic Committee for using trademarked terms to sell products without consent. Meanwhile, Amazon’s dream of placing Echos into millions of households has resulted in a nightmarish reality where it's losing billions of dollars because of it. Lastly, it seems like Apple is moving forward with a foldable iPhone.

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00:00 - Intro

03:00 - AI Surveillance Pricing

08:30 - Tesla and Alphabet Earnings

14:00 - NBA Rights Fight

18:55 - Olympics Suing Prime

22:00 - Amazon Alex Losing Money

25:00 - Foldable iPhone

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