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Antitrust concerns arise for streaming sports venture

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U.S. lawmakers Jerry Nadler and Joaquin Castro expressed competition concerns regarding the planned sports streaming joint venture involving Walt Disney, Fox, and Warner Bros Discovery.

They addressed these concerns in a letter to the CEOs of the media companies, questioning the impact on access, competition, and choice in the sports streaming market.

Voicing apprehension about potential consumer price hikes and unfair licensing terms for sports leagues and distributors, they requested responses by April 30, urging the companies to also send their replies to the Department of Justice.

Despite the companies’ announcement in February of launching a joint sports streaming service in the autumn to attract younger viewers, the deal faces DOJ scrutiny and an antitrust lawsuit from FuboTV. While Disney and Warner Bros remained silent on the matter, Fox declined to comment.

The joint venture encompasses a broad range of professional and collegiate sports rights, including NFL, NBA, MLB, FIFA World Cup, and college competitions, offering non-exclusive access to sports networks such as ESPN, Fox Sports 1, and TNT via a new streaming app.

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Apple removes generative ‘AI’ apps used to make deepfake nudes

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Deepfakes are incredibly realistic, making it difficult to distinguish between real versus manipulated media.

Apple has removed several generative AI apps from the App Store after an online publication discovered the apps could be used to create nonconsensual nude images.

The number of deepfake porn images and videos has rapidly grown on social media—even ensnaring unsuspecting teens as well as public figures like Taylor Swift.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

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Will Boeing’s $10B debt offering help it soar?

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Boeing has reportedly turned to the debt market, aiming to raise $10 billion in a bid to strengthen its financial position.

On this episode of Hot Shots – Boeing turn to the debt market, Paramount CEO leaves, Elon Musk makes an EV breakthrough in China and Apple strikes back against explicit AI app.

Ticker’s Ahron Young and Veronica Dudo discuss.

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New U.S. pilot training program aims to increase pilot diversity and solve shortages

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A partnership is encouraging, recruiting, and educating future African-American pilots with first-rate in-classroom and in-flight instruction.

Leadership In Flight Training Academy – one of the largest flight academies in America – and Tuskegee University – a historically black college – unveiled a new partnership to develop a state-of-the-art flight training program that will prepare the next generation of aspiring pilots from the University for a career in the airline industry.

The program will begin in the Fall of 2024 at the historic Moton Airfield where the legendary Tuskegee Airmen trained.

Matt Koscal, the Executive Vice President and Chief Administrative Officer of Republic Airways Holdings Inc. joins Veronica Dudo to discuss.

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