News Corp News

Rupert Murdoch's company for when readers are directed to copyrighted articles from the Wall Street Journal and New York Post. In a Wednesday night complaint filed in San Francisco federal court, Brave said News Corp sent a cease-and-desist letter threatening litigation and demanding compensation for the alleged misappropriation of copyrighted articles by «scraping» its websites and indexing their content. Brave countered that it is «fair use» to index website content, «which all search engine operators must do to exist.»

Subscribe to enjoy similar stories. Amazon.com is in talks to invest up to $50 billion in OpenAI, according to people familiar with the matter, in what would be a giant bet on the hot AI startup. The ChatGPT maker is seeking up to $100 billion in new capital from investors, a round that could value it at as much as $830 billion, The Wall Street Journal previously reported.

Subscribe to enjoy similar stories. OpenAI says it will be including advertisements in its free ChatGPT service. That isn’t a surprise: Other companies have made similar moves to cash in on the expensive tech.

Subscribe to enjoy similar stories. It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival. DeepSeek has touted its latest AI model, R1, is particularly good at problem solving, performing on par with OpenAI’s o1 reasoning model—but at a fraction of the cost per use.

Subscribe to enjoy similar stories. SoftBank Group is starting a tender offer to buy shares worth $1.5 billion in OpenAI from employees of the startup behind ChatGPT, a person familiar with the matter said.

OpenAI is launching a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with search giant Google and affect the flow of internet traffic seeking news and other timely information

Subscribe to enjoy similar stories. Earlier this year, the PGA Tour’s digital chief witnessed ChatGPT make the digital equivalent of a double bogey when the chatbot flubbed a question on basic golf lore: How many times has Tiger Woods won the Tour? Generative AI’s foundation models can be trained on vast troves of data from the internet and other sources, but still lack deep, specific knowledge even on topics as mainstream as golf, Scott Gutterman, the Tour’s senior vice president of digital and broadcast technology, realized. “There’s missing data, there’s generalized data.

Subscribe to enjoy similar stories. OpenAI’s plan to convert to a for-profit company is meant to simplify the world’s leading artificial-intelligence startup. Making that happen will be enormously complex.

Rupert Murdoch and his four children are in Nevada where they're scheduled to return to court Tuesday at an evidentiary hearing that could decide who control’s Murdoch’s media empire after his death

Advanced Micro Devices introduced its latest artificial intelligence chips and laid out plans to roll out new products every year in a bid to challenge Nvidia’s dominance in the AI boom. The Santa Clara, Calif.-based company showcased its latest MI325X accelerator at a trade show in Taipei on Monday. The chip, which will be available in the fourth quarter, will help meet growing computing demands at AI data centers, according to a statement.

Stocks that traded heavily or had substantial price changes on Thursday: Nvidia, Synopsys rise; Live Nation, V

On the Hudson River in lower Manhattan, the West Village exudes the charm of old New York—and homeowners are willing to pay a premium for that: The neighborhood’s 10014 ZIP Code has the city’s most expensive residential real estate as ranked by median price per square foot, at $2,366 in December, according to Realtor.com. (News Corp, owner of The Wall Street Journal, also operates Realtor.com.) One reason the ZIP Code’s square footage is so pricey is because much of the approximately 0.57 square mile neighborhood’s limited housing stock sits in a historic district. Demolition of existing structures and new construction are subject to review and approval of the Landmarks Preservation Commission.

OpenAI regarding the challenging matter of pricing and terms for licensing their content to the artificial intelligence company. The veil of secrecy surrounding these negotiations was lifted this week as The New York Times filed a lawsuit against OpenAI and Microsoft, alleging copyright infringement. The claim asserted that both companies utilized Times' content without authorization in the development of artificial intelligence products. Prior to taking legal action, The New York Times had been in extended talks with these entities about a potential agreement. Other news organizations, including Gannett, the largest U.S. newspaper company; News Corp, owner of The Wall Street Journal; and IAC, the digital giant behind The Daily Beast and Dotdash Meredith, have also been in discussions with OpenAI, according to individuals familiar with the confidential negotiations.

Private Media, the publisher of Crikey and other titles, has cut its workforce by 15 per cent as it reels from a slow advertising market.

By Svea Herbst-Bayliss

Starboard Value has built a stake in News Corp and the activist shareholder plans to push for strategic and governance changes at the Wall Street Journal parent. Starboard believes News Corp, one of the two arms of Rupert Murdoch’s media empire, trades at a significant discount to its fair market value due to its conglomerate structure, according to people familiar with the matter. Starboard plans to recommend News Corp spin off its digital-real-estate division, which includes a stake in Australian online-property-site operator REA Group and Realtor.com parent Move Inc.

News Corp has descended into finger-pointing and blame-shifting as senior executives reckon with how the media company burned through tens of millions of dollars on online bookmaker Betr.

News Corp quietly sold its shares in Betr, the wagering start-up run by wealthy bookmaker Matthew Tripp, just four months after it launched despite injecting more than $70 million into the company.

For Lachlan Murdoch, this has been a long time coming — assuming, that is, his moment has actually arrived

Rupert Murdoch's announcement Thursday that he was stepping back from day-to-day oversight of his media empire cleared the way for his elder son, Lachlan, to claim sole oversight of the businesses. The move made it clear that Rupert Murdoch would like to see Lachlan run the companies. But it didn't answer the question of who will control the trust that votes the family's shares after the elder Murdoch, 92, dies.

Media magnate Rupert Murdoch is stepping down as the leader of both Fox News’ parent company and his News Corp media holdings, with his son, Lachlan, set to take his place