Power
Work stoppages

Apple workers are striking at a store in Maryland

Core issues

In the aftermath of its outrage-inducing object-crushing advert, Apple has been dealt another PR blow, as it faces its first retail employee strike in history.

On Saturday, members of the International Association of Machinists and Aerospace Workers voted overwhelmingly in favor of a staff walkout at the Apple store in Towson, Maryland, citing “unsatisfactory outcomes” from “over a year of negotiations” with management — including disputes over work-life balance, scheduling, and wages.

The Maryland store, as well as another in Oklahoma, were the first of their kind to unionize back in 2022. However, since then, no more Apple stores have formed workers’ guilds. In fact, at the same time as workers in Towson decided to strike, New Jersey Apple store employees voted against unionization.

State of the unions

While Apple is currently in the firing line for its employee practices, with labor unions like the Communications Workers of America accusing the tech giant of union-busting, collective strike action has been gaining traction across the US more widely.

Last year’s ‘Hot Strike Summer’ saw months-long mass action grind industries to a halt, as American employees such as Hollywood screenwriters walked out in numbers not seen for decades. Indeed, approximately 16.7M days were lost to work stoppages involving 1,000 or more workers in 2023. And, victories seen in many instances have spurred union action through to 2024, as job protections and inflation-matching salary hikes remain pertinent issues for steel workers, carmakers, and baristas alike.

More Power

See all Power
power
Hyunsoo Rim

TIME names the “Architects of AI” as its Person of the Year for 2025

TIME just announced its Person of the Year… and it’s not a single person.  

The magazine selected the “Architects of AI” as its 2025 honoree, spotlighting the executives and engineers behind the year’s AI boom. One of the two covers features eight tech leaders perched on a steel beam — recreating the iconic “Lunch Atop a Skyscraper” photo from 1932 — including Meta’s Mark Zuckerberg, AMD’s Lisa Su, xAI’s Elon Musk, OpenAI’s Sam Altman, and Nvidia CEO Jensen Huang at the center, whose chips power many of today’s AI models.

Western Auctioneer with Two Fingers up and Gavel in Hand

As investors pick sides in Netflix vs. Paramount, analysts say a renewed Warner Bros. bidding war looks inevitable

Analysts at Bloomberg on Wednesday said Paramount’s WBD hostile takeover offer could go as high as $35 per share.

Netflix WBD CEOs

The Netflix-Warner Bros. deal now faces a wall of opposition

Netflix will owe Warner Bros. $5.8 billion in cash if the deal is terminated on antitrust grounds.

power
Jon Keegan

The New York Times, Chicago Tribune sue Perplexity

The New York Times is suing the AI search engine startup Perplexity, alleging repeated copyright violations.

In the complaint, the Times accuses Perplexity of scraping the company’s content and generating outputs that are “identical or substantially similar” to Times content:

“Upon information and belief, Perplexity has unlawfully copied, distributed, and displayed millions of copyrighted Times stories, videos, podcasts, images and other works to power its products and tools.”

The Times also alleges that Perplexity’s AI tool generates “hallucinations” and falsely attribute them to the Times, creating confusion that harms the company’s brand.

In a separate suit filed Thursday, the Chicago Tribune accused Perplexity of similar copyright violations.

Perplexity’s “answer engine” made early inroads in an attempt to replace traditional web searches with AI-powered responses, but its larger competitors such as OpenAI, Google, and Anthropic have been adding similar features. OpenAI recently released its own AI-powered web browser, ChatGPT Atlas, which challenges Perplexity’s Comet browser.

Jesse Dwyer, Head of Communication for Perplexity told Sherwood News in a statement:

“Publishers have been suing new tech companies for a hundred years, starting with radio, TV, the internet, social media and now AI. Fortunately it’s never worked, or we’d all be talking about this by telegraph.”

“Upon information and belief, Perplexity has unlawfully copied, distributed, and displayed millions of copyrighted Times stories, videos, podcasts, images and other works to power its products and tools.”

The Times also alleges that Perplexity’s AI tool generates “hallucinations” and falsely attribute them to the Times, creating confusion that harms the company’s brand.

In a separate suit filed Thursday, the Chicago Tribune accused Perplexity of similar copyright violations.

Perplexity’s “answer engine” made early inroads in an attempt to replace traditional web searches with AI-powered responses, but its larger competitors such as OpenAI, Google, and Anthropic have been adding similar features. OpenAI recently released its own AI-powered web browser, ChatGPT Atlas, which challenges Perplexity’s Comet browser.

Jesse Dwyer, Head of Communication for Perplexity told Sherwood News in a statement:

“Publishers have been suing new tech companies for a hundred years, starting with radio, TV, the internet, social media and now AI. Fortunately it’s never worked, or we’d all be talking about this by telegraph.”

power
Jon Keegan

European regulators will examine if Apple’s maps and ads businesses require stricter oversight

Apple has notified European regulators that its Apple Maps and Apple Ads platforms meet the threshold to be called “gatekeepers” under the European Commission’s Digital Markets Act, the European Commission said.

European antitrust regulators will now examine if the tech giant’s Maps and Ads units should be subject to stricter regulation. According to the DMA, when a platform reaches 45 million monthly active users and a market cap of €75 billion ($79 billion), it triggers the “gatekeeper” designation and additional rules apply.

While Apple notified regulators that the threshold has been met, it is pushing back on the designation, saying in a rebuttal to rule makers that the platforms are actually relatively small compared to the competition in Europe and should be excluded. The EC has 45 working days to make a final determination about the designation, and Apple would have six months to comply, Reuters reported.

European antitrust regulators will now examine if the tech giant’s Maps and Ads units should be subject to stricter regulation. According to the DMA, when a platform reaches 45 million monthly active users and a market cap of €75 billion ($79 billion), it triggers the “gatekeeper” designation and additional rules apply.

While Apple notified regulators that the threshold has been met, it is pushing back on the designation, saying in a rebuttal to rule makers that the platforms are actually relatively small compared to the competition in Europe and should be excluded. The EC has 45 working days to make a final determination about the designation, and Apple would have six months to comply, Reuters reported.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.