Tech Brew Ride Home Wed. 12/20 – Sony Has Sold 50 Million PS5s
Dec 20, 2023
Rite Aid faces a five-year ban on facial recognition technology after mishandling it, raising ethical concerns. Sony celebrates the milestone of 50 million PS5 sales, marking a strong recovery in the gaming market. Meanwhile, ByteDance surpasses $110 billion in revenue, defying economic challenges. Microsoft Copilot introduces a new feature for music creation, blending AI with art. Lastly, Bird Global's bankruptcy highlights the struggles in the e-scooter industry, reflecting larger trends in tech and media.
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Rite Aid's Facial Recognition Mishaps
- Rite Aid used facial recognition, leading to false shoplifter accusations.
- The FTC banned them from using it for five years after it disproportionately affected minorities.
PS5 Sales Revive Gaming Market
- Sony sold 50 million PS5s in three years, matching PS4's early sales pace.
- This suggests a gaming market rebound, fueled by improved PS5 supply and hit titles.
ByteDance's Explosive Growth
- ByteDance's 2023 sales topped $110 billion, matching its 30% growth from 2022.
- This solidifies ByteDance as a major player, potentially surpassing Meta and Tencent soon.