Meta and Amazon Distance Themselves from DEI; Venu Sports Streaming Venture Discontinued; Apple Begins UK Antitrust Trial
Briefly

Meta has decided to terminate its diversity, equity and inclusion (DEI) programmes, citing changes in the "legal and policy landscape surrounding diversity, equity and inclusion efforts in the United States." Moving forward, they will no longer enact specific diverse hiring practices and will disband their DEI-focused teams. This shift follows their discontinuation of fact-checking on platforms, now opting for a Community Notes model inspired by Elon Musk's X.
Amazon also announced it will be halting some of its diversity and inclusion programmes, as stated by Candi Castleberry, a senior resources executive. In her memo to employees, she noted that Amazon would be "winding down" outdated programmes and materials as part of a comprehensive review, encompassing hundreds of initiatives. This strategic pivot reflects a broader trend among major corporations re-evaluating their DEI commitments.
The joint streaming venture Venu Sports between Disney, Fox, and Warner Bros. has been terminated before its scheduled launch, indicated by a collective decision from the companies. They acknowledged the shift in market dynamics and expressed that focusing on existing products and distribution channels would better meet the evolving demands of sports fans.
Apple has begun its antitrust trial in the UK, facing allegations of competition law violations for utilizing its dominant market position to charge inflated fees to developers. The trial examines whether Apple's practices negatively impact competition in the app market, which has significant implications for developers and consumers.
Read at Exchangewire
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