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...It said: “We note that Business Insider’s chief executive has published a statement on the matter. Axel Springer stands by Business Insider and its newsroom.”...
...Media groups including Axel Springer and Le Monde have struck multimillion dollar deals with OpenAI to use their journalism to train its AI models, while others such as Thomson Reuters have struck multiple...
...The rest of the company is owned by Friede Springer and her charitable foundation, plus two of Axel Springer’s grandchildren from a previous marriage....
...Axel Springer will allow OpenAI to train artificial intelligence models using content from the German publishing giant’s outlets such as Bild, Politico and Business Insider, in a landmark deal for the global...
...Germany’s Axel Springer has pulled out of an auction to buy Telegraph Media Group after baulking at the price expectations for the UK publisher, according to people with knowledge of the matter....
...Axel Springer said the deal was important “strategically for us as this creates a revenue stream from an AI provider to us as a publisher — taking a more considered approach than back in the day when Google...
...A person close to the talks said Axel Springer would be getting an “eight-figure sum”....
...The person familiar with Axel Springer’s plans said that seemed “way too expensive for a legacy print business”....
...Ackman has lobbied a Business Insider board member as well as Axel Springer chief executive Mathias Döpfner and KKR, the German group’s biggest shareholder....
...German media giant Axel Springer has settled a lawsuit against one of its former top editors, marking a truce in an acrimonious public row that has plagued the Politico owner....
...Business Insider, the Axel Springer-owned financial news group currently in a fight with hedge fund boss Bill Ackman, was the latest publication to announce cuts on Thursday, affecting nearly a tenth of...
...Collectively, they act as dramatic linchpins and springers of surprise....
...Axel Springer’s deal with OpenAI is a temporary fix to a long-term problem....
...Ackman launched a high-profile campaign against Business Insider and its German parent company Axel Springer after the news website published plagiarism allegations against his wife Oxman, an academic, on...
...“We don’t expect AI to fix all accessibility issues in the foreseeable future,” Springer said, adding that he recognises its limitations....
...Axel Springer has attracted controversy before....
...Axel Springer stands to make “tens of millions of euros” a year from its OpenAI agreement. For a transformative technology that could upend much of the media business, that may not be much....
...(Liberty Street Economics) — Modern industrial policy and the WTO (PIIE) — On Axel Springer & AI (John Herrman for NYMag) — If you’re not fully burnt out on the econo-vibes debate . . ....
...German publisher Axel Springer has pulled out of the auction after baulking at the mooted price tag of £600mn, according to people with direct knowledge of the matter....
...One of the “big five” academic publishers alongside Elsevier, SAGE, Springer Nature and Taylor & Francis, Wiley’s research publishing division reported revenues of $659mn in the nine months to January 31...
...Axel Springer is pursuing a criminal complaint and civil legal action against a former top tabloid editor sacked for alleged misconduct, in a major escalation of a brawl that has shaken Germany’s media world...
...Bill Ackman has threatened legal action against German media group Axel Springer and its US-based Business Insider financial news site in an escalation of a bitter fight over plagiarism claims against the...
...There is also frustration at KKR that Axel Springer had not moved faster with its ambitions to build a global empire. The US buyout group and Axel Springer declined to comment....
...One Bill Ackman is still at it to start: The hedge fund billionaire escalated his battle with Axel Springer and its minority investor KKR after a lengthy set of missives....
...OpenAI already has a deal with Axel Springer and The Associated Press. Some media outlets are reported to be in talks with Apple....
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