CFO Lin Tao emphasized the significance of Sony’s Xperia phone brand during a recent financial presentation, despite its declining market presence, particularly in the US and Europe. The brand has faced challenges, including halting sales of the Xperia 1 VII due to defects and discontinuing the Xperia 5 line, raising doubts about its future relevance in Sony’s business strategy.
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AI Industry Horrified To Face Largest Copyright Class Action Ever Certified
AI industry groups are urging an appeals court to block a significant copyright class action lawsuit against Anthropic, claiming it could financially devastate the AI sector with up to 7 million potential claimants. Anthropic argues that the district court's class certification was rushed and flawed, warning that the potential liability could coerce them into settling, setting a troubling precedent for the future of generative AI. Want More Context? 🔎
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