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Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

Recent film and TV projects also under the Boardroom umbrella include the Academy Award-winning Two Distant Strangers (Netflix), the critically acclaimed scripted series SWAGGER (Apple TV+) and Emmy-nominated documentary NYC Point Gods (Showtime).

Boardroom’s sister company, Boardroom Sports Holdings, features investments in emerging sports teams and leagues, including the Major League Pickleball team, the Brooklyn Aces, NWSL champions Gotham FC, and MLS’ Philadelphia Union.

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By Michelai Graham
Boardroom's Tech Reporter
May 12, 2024
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Tech Talk is a weekly digest by Boardroom’s Michelai Graham that breaks down the latest news from the world’s biggest tech companies and the future of industry-shaping trends like AI.

I read an article in The Verge this week that said Apple TV+ is becoming the premier destination for science fiction-based series, and I couldn’t agree more! I’ve gone down a rabbit hole in recent months consuming every sci-fi show Apple has produced, and yes, See is the best one (Silo and Foundation are very close seconds).

A peek into today’s edition: 

  • TikTok is fighting back
  • Apple announces new iPad products
  • Reddit shares soar after first earnings report

TikTok is Suing the US for 'Unprecedented Violation' of First Amendment

TikTok and its parent company, ByteDance, officially filed a lawsuit against the US government to block a recent law that could force a sale or ban of the short-form video-sharing app in the US. The social media app company said the bill, which President Joe Biden signed into law on April 24, violates constitutional protections of free speech. The suit even went as far as to say that the law is an “unprecedented violation” of the First Amendment.

“For the first time in history, Congress has enacted a law that subjects a single, named speech platform to a permanent, nationwide ban,” TikTok wrote in the lawsuit, “and bars every American from participating in a unique online community with more than 1 billion people worldwide.”

The lawsuit also says that ByteDance divesting in TikTok wouldn’t be possible, forcing a shutdown of the app by January 19, 2025, at the latest.

Neither the White House nor the Justice Department has released a public response to the new lawsuit.

Apple Reveals New iPad Products for First Time Since 2022

Apple finally announced new iPad models and correlating products at Tuesday’s virtual “Let Loose” event. The company skipped out on releasing new iPads last year, so this is the first time Apple has announced new products from its tablet line since October 2022. Apple says its new iPad Pro is the thinnest product it has ever developed, and it’ll be powered by a new M4 chip. The company also redesigned its iPad Air models, which will be powered by M2 chips.

Here are all the new products Apple announced at its recent product showcase:

  • 11-inch iPad Air: $599
  • 13-inch iPad Air: $799
  • 11-inch iPad Pro: $999
  • 13-inch iPad Pro: $1,299
  • Apple Pencil Pro: $129
  • 11-inch Magic Keyboard: $249
  • 13-inch Magic Keyboard: $299

The new Magic Keyboard models are only compatible with the new iPad Pro devices.

Aside from the hype around its latest products, the Big Tech giant is also facing widespread backlash for its latest advertising campaign, where it crushed creative tools into an iPad Pro. The ad is supposed to symbolize that all different types of creative tools for art, music, literature, and more can be found in its newest product, but it definitely “missed the mark” on that one, Apple’s VP of marketing told Ad Age in an apology.

Biden Unveils Microsoft's $3.3B AI Data Center in Wisconsin

President Biden might have his lips sealed about TikTok’s new lawsuit, but he is definitely in cahoots with Big Tech.

Microsoft announced that it is investing $3.3 billion in Wisconsin to build an artificial intelligence data center hub in the same building where the failed Foxconn factory was supposed to be located. Biden joined the tech software giant in Racine, Wisconsin, to announce the new project, which is expected to create an estimated 2,300 union construction jobs and up to 2,000 permanent jobs.

Biden’s move is a not-so-subtle jab at his rival, Donald Trump, who announced a $10 billion investment in Foxconn back in 2017 to help the large contract electronics manufacturer build a new facility that never fully materialized. Biden is likely aligning with Microsoft to show voters that Trump doesn’t make good on his promises, especially when it comes to promising new jobs.

  • Reddit shares were up nearly 15% earlier this week after the social media company released its first quarterly earnings report since its March IPO. For the quarter, Reddit generated $243 million in revenue, a 48% increase compared to this time last year.
  • Reebok officially launched its custom AI fashion experience, Reebok Impact, on Instagram using AI tech built by Futureverse. Instagram users can now develop a pair of digital sneakers from their own photos via live DM chat to @reebokimpact, an AI platform that can create up to four digital sneakers for free.
  • Despite some AI skeptics and lingering lawsuits, OpenAI is pushing forward with more media partnerships. The company secured a deal with digital publisher Dotdash Meredith to license the media brand’s content to train its AI platform. The pair will also develop AI products.
  • Amazon launched its famed marketplace in South Africa, its first foray in the region. The marketplace offers same-day and next-day delivery across 20 different product categories, and Amazon will keep customers updated on their orders via WhatsApp.
  • Marvel Studios is bringing an exclusive offering on the Apple Vision Pro. The production company teamed up with ILM Immersive to develop the first-ever interactive Disney+ Original story experience for its “What If…?” title through augmented and virtual reality.
  • Jack Dorsey has unexpectedly departed Bluesky‘s board, prompting the decentralized social media platform to publish a job posting for his seat. It’s unclear why Dorsey left the social media app company he founded, though first reports of his potential departure started back in September.

Nintendo shared on X that it will announce a Switch successor before March 2025. While the announcement won’t come next month during Nintendo Direct, I’m going to bet that the video game developer will announce the new console by the end of the year to open up presales around the holiday season.