Australian OOH Industry Sees Significant Growth; Apple Loses Bid to Throw Out App Store Fee Lawsuit; OpenAI Updates ChatGPT

by Aimee Newell Tarín on 15th Apr 2024 in News

On today’s news digest: Australian OOH Industry Sees Significant Growth; Apple Loses Bid to Throw Out App Store Fee Lawsuit; OpenAI Updates ChatGPT

Out-of-home (OOH) advertising is booming in Australia: it saw an increase of 9.26% on net media revenue for Q1 2024. The total figure reported reached AUS $287.6m (£149.4m), up from $263.2m (£136.8m) for the same period last year. Digital OOH (DOOH) accounts for 74% of total net media revenue year-to-date, reports Australia’s Outdoor Media Association.

In the legal landscape, Apple has lost a bid to throw out a mass lawsuit over its app store fees. The lawsuit, brought in London on behalf of over 1,500 app developers, is valued at £785m. It alleges that the tech giant charged third-party developers unfair commissions of up to 30% on purchases of apps and other content. The case is being led by Sean Ennis, a competition law professor and economist: his lawyers maintain that Apple abused its dominant position in the market, and they seek damages for UK-based developers.

While we await the release of GPT-5, OpenAI has launched an updated version of GPT-4 Turbo. Enhancements to the model bring improvements in writing, maths, logical reasoning, and coding. OpenAI also reports that the model will have a more up-to-date knowledge base – it has been trained on publicly available data up to December 2023, versus the older version which had been trained on data up until April 2023. Additionally, its responses will be more “direct, less verbose and use more conversational language”. This version is now available to Premium users who are either paying for ChatGPT Plus, Team, or Enterprise.