Debrief (news from 25th March 2024)

Key Takeaways from the news recently: Space exploration Law & Regulation Response to Rising Labour Costs EV Price War AI Early promising signs likely to boost interest and investment in space exploration With mounting cost pressures and pressure to attain and retain competitive advantage, expect a marked increase in company lawsuits, government regulation, and class action lawsuits Texas federal judge prevents rules forcing banks to lend to risky individuals in the name of DEI and ESG. Freely lending to sub-prime lenders was the main reason behind the 2008 financial crash - read more here U.S. updates export curbs on AI chips and tools to China - read more here Amazon forced to publish an ads library in EU after all - read more here Mercedes partly loses class action case over diesel defeat devices - read more here Visa and Mastercard reach $30bn settlement regarding Swipe fees. Will lock slightly reduced rates for 5 years. Concerns raised that this does not even the playingfield or protect customers for long- read more here Companies proactively using automation to enable head count savings to defend against rising labour costs The EV price war is intensifying. Many bankruptcies, mergers and innovative sales strategies expected China's BYD lowers starting price of new electric sedan - read more here Tesla offers ‘CyberHammer’ as limited edition merch to staff who help sell its cars - read more here Nissan to launch 16 EVs in 3 years and eyes a Honda partnership - read more here Investment and adoption of AI continue to grow rapidly Microsoft, OpenAI plan $100 billion data-center project - read more here Wendy’s upgrades loyalty program with AI and gamification. Not deterred by PR backlash from contemplating using AI to adopt dynamic pricing - read more here McDonald’s to automatically screen ads for cultural factors - read more here Thank you so much for taking the time to read and support our publication. Follow on Substack Notes for the latest news and notifications. Like what you read?, please leave a like or comment and refer us to your friends. Refer a friend