"Lyft CEO David Risher told the audience that the company's deal with California state lawmakers that paves the way for its drivers to unionize will actually save the company $200 million per year in insurance costs. Jeffrey Katzenberg predicted that passing laws in the U.S. to protect children from online harms would be a slog, noting that it took 80 years to get seat belt laws passed in the U.S."
"Apple is set to unveil its latest iPhone in an "awe-dropping" event later today. The company is hosting its annual product launch in Cupertino where it's slated to launch major hardware refreshes across its lineup and debut the brand new iPhone 17 family. The company is also expected to launch updates to the iPad Pro, Vision Pro headset, Apple TV, and HomePod mini and reveal the iPhone 17 Air, set to be the thinnest iPhone to date."
Executives at Fortune Brainstorm Tech highlighted regulatory, safety, and technological challenges across the industry. Lyft's CEO said a California deal enabling driver unionization will save the company about $200 million annually in insurance costs. Jeffrey Katzenberg warned that passing U.S. laws to protect children online will be slow, comparing the timeline to the 80-year path for seat belt laws. DoorDash's CEO explained why autonomous delivery via self-driving cars, small robots, or drones has not materialized despite more than a decade of research. Apple plans a Cupertino event to unveil the iPhone 17 family and multiple hardware refreshes, including a very thin iPhone 17 Air, while analysts temper expectations for native AI features.
Read at Fortune
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