This week, the tech industry continues to prioritize AI, but significant pushback is being felt from legal and creative sectors. Microsoft Advertising announced the termination of its Xandr DSP, signifying a strategic realignment toward AI integration. Concurrently, EU agencies declared certain tracking-based advertising practices illegal and initiated actions against TikTok for breaches of the Digital Services Act. Google reached a USD$1.4 billion settlement with Texas over privacy violations, yet it remains committed to advancing its AI-driven features, including a redesign of its iconic Search page. Meanwhile, a report revealed that the podcast industry will generate USD$7.3 billion in revenue in 2024, and creative voices in the UK have rallied against AI copyright reforms.
The closure of Xandr DSP is a significant move by Microsoft Advertising, highlighting the company's shift in strategy amidst the growing focus on AI technologies.
The podcast industry is undergoing a reevaluation, with Owl & Co's report revealing a remarkable revenue growth to USD$7.3bn in 2024, exceeding prior estimates.
The UK's creative community, including prominent artists, has strongly opposed proposed AI copyright reforms, advocating for the protection of their works against AI exploitation.
EU regulators are tightening the reins on Big Tech, highlighting the importance of compliance with the Digital Services Act, especially following TikTok's recent legal troubles.
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