Brewdog, the Scottish craft beer giant, is reportedly up for sale after the company brought in financial experts to explore options, including a potential breakup of the business, according to BBC Business. The decision, announced after a year focused on cost-cutting, aims to ensure the "long-term strength and sustainability" of the company, a Brewdog spokesperson stated. This news comes as other companies navigate changing landscapes, including Amazon's Ring ending a deal with surveillance firm Flock Safety after facing scrutiny, and Hollywood organizations pushing back against a new AI video model called Seedance 2.0.
Brewdog, founded in 2007 by James Watt and Martin Dickie, operates breweries and pubs globally, with approximately 60 locations in the UK, as reported by BBC Business. Consultants AlixPartners have been brought in to oversee the sales process. The company's decision to seek new investors was made after operating in a "challenging economic climate," according to a Brewdog spokesperson.
In other tech news, Amazon's Ring is ending its partnership with Flock Safety, a firm that provides surveillance services, after facing backlash over privacy concerns, as detailed by BBC Business. The agreement, which was announced in October, would have allowed agencies working with Flock to access video captured on Ring devices for investigations. The decision to cancel the deal followed criticism sparked by a Ring advertisement during the Super Bowl.
Meanwhile, Hollywood organizations are expressing concerns about Seedance 2.0, a new AI video model developed by ByteDance, the Chinese company that owns TikTok, according to TechCrunch. The model, which allows users to create videos from text prompts, has drawn criticism for potential copyright infringement. Seedance 2.0 is currently available to Chinese users of ByteDance's Jianying app and will soon be available to global users of its CapCut app.
In other tech news, Apple's first-generation AirTags are still worth buying, according to The Verge, especially now that they are available for $16 apiece. The OG tracker still offers exceptionally precise tracking, making the current discount a great deal for iPhone users.
Finally, a story from Wired explores the concept of "nothing" in quantum mechanics, highlighting the unavoidable residue of energy that remains even when a box is emptied of all visible and invisible contents. This "ground-state energy" is associated with fields, such as the electromagnetic field.
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