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...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...
...Management of the division was taken over by Thomas Coesfeld, the 33-year-old scion of Bertelsmann’s owners, the Mohn family, last year....
...Rupert Murdoch’s News UK, Czech billionaire Daniel Křetínský and Axel Springer have also registered interest....
...These people said that publishers including News Corp, Axel Springer, The New York Times and The Guardian have each been in discussions with at least one of the tech companies....
...Axel Springer will also allow near real time access to its news stories to allow the AI platform to provide current answers to questions from its users. Read more on Axel Springer here...
...Mathias Döpfner, chief executive of Axel Springer, said the deal was “the first of its kind”....
...Other news groups are expected to swiftly follow Axel Springer’s lead....
...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 declined to comment on Monday....
...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...
...But I went with it because a) it gave me an interesting picture to use at the top of a newsletter that is in effect about bankers and b) this “pink vegan mayo with BBQ sauce” gives me fond flashbacks to...
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...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....
...German publisher Axel Springer and Rupert Murdoch’s News UK have also expressed interest....
...A number of media groups have registered their interest for either the Telegraph, the Spectator, or both, including UK rival DMGT, German publisher Axel Springer, Rupert Murdoch’s News UK, and National World...
...helen.thomas@ft.com Letter in response to this column: Slapping a green label on mortgages ‘won’t cut it’ / From Steve Round, Co-Founder, SaaScada, London EC3, UK...
...These goals, alongside a sober assessment of the financials in the data room, will dictate the level of interest from strategically minded groups such as UK rival DMGT, German publisher Axel Springer, consortiums...
...The FT’s Thomas Hale and Cheng Leng set out the details....
...The twins acquired the Daily Telegraph for about £665mn after fighting off competition from Daily Mail owner DMGT, German publisher Axel Springer and private equity groups led by former Mirror chief executive...
...He has threatened to sue Axel Springer in typical Ackman fashion — posting a scene from the film Gladiator that threatened to “unleash hell”....
...No matter: A World Restored by Henry Kissinger supplied an early sign of what Thomas Harding calls the publisher’s “remarkable perspicacity”....
...Axel Springer chief Mathias Döpfner warned earlier this year that AI posed great risks and great opportunities to the media....
...People close to the family say the £665mn acquisition, sealed after a fierce fight against German media group Axel Springer and others, was never just about financial returns....
...The UK bank has put B.UK, a Bermuda-based holding company that controls the Telegraph titles, into receivership, the people said. AlixPartners has been appointed as receiver at B.UK, they added....
...However, German media group Axel Springer is unlikely to bid at present, according to people familiar with its plans....
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