Morning Brew Daily Record Labels Sue AI Music Makers & McDonald's $5 Value Meal
Jun 25, 2024
Major record labels are suing AI music makers over copyright issues, potentially reshaping the music landscape. Netflix is updating its corporate culture to thrive in a competitive streaming market. McDonald's introduces a $5 Value Meal to attract budget-conscious customers during inflation. A sock debate erupts between Gen Z and millennials, sparking fun fashion discussions. Plus, a Florida family is suing NASA after space debris crashed into their home, raising questions about responsibility. Interestingly, baby naming trends are also explored!
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Nvidia's Stock Drop
- Nvidia's shares fell 13% after becoming the most valuable company, losing $430 billion in market cap.
- Some investors see this as profit-taking, while others blame Jim Cramer's tweet.
Toby's Accidental Investment
- Toby accidentally bought $42,000 of Sherwin-Williams stock on margin after misreading a Yahoo Finance article.
- Despite panic selling, the stock doubled in five years, highlighting the accidental win.
Record Labels vs. AI Music
- Record labels are suing AI music startups Suno and Udio for copyright infringement.
- The labels claim the startups trained their AI models on copyrighted songs without licenses.