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IPhone US Shipments Take A Hit, Does Social Media Algorithm Impact Political Beliefs
DoorDash Inc (NYSE: DASH) has leveraged an artificial intelligence-based chatbot to speed up ordering and help customers find food options.The Uber Technologies Inc (NYSE: UBER) rival is working on a system called DashAI that it’s testing in a limited capacity.The technology will help customers to get personalized restaurant recommendations with simple text prompts, adding an edge over its peers.
Walt Disney (NYSE: DIS) reportedly plans to enforce a policy limiting premium users of its Disney+ Hotstar streaming service in India to logging in from just four devices.The plan follows Netflix’s (NASDAQ: NFLX) move in May to inform subscribers in over 100 countries that they would need to pay more to share the service with people outside their households. A Disney+ Hotstar premium account in India allows logins on up to 10 devices, even though the website states the limit is four.
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American Airlines Group Inc (NASDAQ: AAL) pilots union reached an agreement in principal (AIP) with the American Airlines management on proposed enhancements to the Tentative Agreement (TA).AAL management had agreed to increase its pilot contract offer by over a billion dollars, aligning it with a tentative agreement reached by competitor United Airlines Holdings Inc (NASDAQ: UAL) and its pilots.
Unilever Plc (NYSE: UL) named Ian Meakins to succeed outgoing Chairman Nils Andersen, continuing to overhaul its leadership after a series of missteps in recent years frustrated sharehZenger News.Ian will join the Board as Non-Executive Director and Chair Designate on 1 September 2023 and succeed Nils Andersen as Chair on 1 December 2023.Nils will step down from the board, after nine years of service, at Unilever’s Annual General Meeting in May 2024.
Toyota Motor Corp (NYSE: TM) disclosed improved sales and production in June and H1 2023.The company disclosed that global production reached a record high on increased production capacity in every region on strong demand.Worldwide production for Toyota increased 12.1% Y/Y to 4.89 million vehicles in H1, with a growth of 14.8% Y/Y in June.Four new studies complicate the narrative around abolishing algorithms on Meta Platforms Inc’s (NASDAQ: META) Facebook and Instagram to prevent misinformation and political division.The research studies from multiple institutions found that removing some algorithm functions had no measurable effects on people’s political beliefs.Vietnamese automaker VinFast proposes to begin construction on its electric vehicle factory in North Carolina.VinFast’s full-size three-row SUVs, like the VF 9, start at around $85,000 for the Eco model. A Tesla Inc (NASDAQ: TSLA) Model X costs about $100,000.
Produced in association with Benzinga
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