Seattle Public Schools suit against social media giants will test legal standing of public institutions ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: EVOLVE 401(k): The retirement plan for business that dream big: [Enhance your employee benefits with ALLtech, available exclusively to GeekWire member companies.]( TODAY'S TOP STORIES Rather than simply replacing traditional search results in Microsoft’s Bing, OpenAI’s ChatGPT could fulfill Microsoft’s longtime dream to integrate elements of a virtual concierge or assistant into its search engine. - That’s the take from longtime journalist Mary Jo Foley, editor-in-chief at DirectionsOnMicrosoft.com, [on this week’s GeekWire Podcast](. - Our conversation follows [a report this week by The Information]( citing sources who say Microsoft plans to integrate ChatGPT into Bing. - It would be the latest extension of their partnership and [Microsoft’s $1 billion investment in OpenAI in 2019]( which is turning out to be one of the signature deals by Microsoft CEO Satya Nadella (above). [Read more and listen here]( and subscribe to GeekWire in [Apple Podcasts]( [Google Podcasts]( [Spotify]( or wherever you listen. With [its suit against TikTok, YouTube, Instagram and others]( over the impact of the youth mental health crisis, Seattle Public Schools will test the ability of public institutions to challenge big companies over alleged harms to society. - A potentially relevant precedent: SPS in 2019 was among thousands of organizations and institutions that [filed lawsuits against JUUL Labs]( over its marketing of e-cigarettes to kids. The company announced [a global settlement]( of those cases last month - GeekWire’s scoop on the new lawsuit, published earlier today, is garnering a range of reactions – from [suggesting that other school districts follow Seattle’s lead]( to [questioning the district’s motivations]( for filing the suit. [Read the story]( and the [full text of the lawsuit](. The venture capital arm of global hedge fund Point72 sees big opportunities in the Pacific Northwest as it quickly grows in Seattle and looks to invest in tech startups.
- “One of the things we thought we could bring to the Seattle ecosystem was a stage-agnostic large fund that can do everything from the first $2 million in a company, all the way up to a Series D,” Point72 partner Sri Chandrasekar said in an [interview with GeekWire.]( On Friday, U.S. regulators [approved a new drug]( for Alzheimer’s that is being called a “landmark moment” for the disease. - The drug, called lecanemab, targets a molecule that forms clumps in the brains of people with the condition. The news bodes well for biotech companies taking a similar approach, such as Seattle’s AltPep. [GeekWire reporter Charlotte Schubert spoke with AltPep founder and CEO Valerie Daggett]( earlier this year about the implications. T for reading, and have a great weekend[. — GeekWire]( Todd Bishop, todd@geekwire.com, and reporter Kurt Schlosser, kurt@geekwire.com. SPONSOR MESSAGE
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