Daily LInks
1. Bed Bath & Beyond investor Ryan Cohen must face emoji-inspired shareholder suit. In posts and tweets responding to Cohen’s Twitter post, many investors said they interpreted Cohen’s smiley moon emoji as a signal that he still believed Bed Bath & Beyond shares were headed to the moon. – Read More on Reuters
2. AI’s Growing Legal Troubles. Tools like ChatGPT don’t host things, they create things. They’re publishers. So, no Section 230-like protections exist for them. – Read More on the WSJ
3. Walmart Debuts ‘Sequel’ to Refurbished Merchandise Program. “Keeping products in circulation for as long as possible is more sustainable, in line with our efforts to enable a more circular economy in collaboration with customers, suppliers and sellers.” – Read More on PYMNTS
4. Adidas to release second batch of Yeezy sneakers after breakup with Ye. Adidas declined to give details on numbers of shoes that would be released for sale and how much of the proceeds would be donated. Asked if Ye would receive royalties from the sales, the company would only say that “we will honor our contractual obligations and enforce our rights but will not share any more details.” – Read More on the AP
5. China’s cutthroat e-commerce tactic goes global as Shein-Temu war escalates. China has proposed an anti-monopoly law to rein in the power of its consumer internet giants. The question is whether China will take action on the ongoing battle between Shein and Temu, neither of which sells products directly in China. – Read More on TechCrunch
6. Twitter Threatens to Sue Hate Speech Researchers as It Unbans Kanye West. Musk’s lawyer Alex Spiro wrote that the Center for Countering Digital Hate “made a series of troubling and baseless claims that appear calculated to harm Twitter generally, and its digital advertising business specifically.” – Read More on Gizmodo
