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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...
...Speaking in May at INMA, a media conference, News Corp chief executive Robert Thomson summed up the industry’s outrage, saying “[media’s] collective IP is under threat and for which we should argue vociferously...
...Thomson Reuters now employs about 26,000 people worldwide. The Thomson family own just under 70 per cent of the group, with the rest listed in Toronto and New York....
...Thomson said he preferred “negotiation to litigation”, but AI companies stealing its content were “undermining the very act of creativity”....
...There have also been a series of big placings in LSEG itself, by owners led by Blackstone and Thomson Reuters, the last of which in March was done at a 0.7 per cent discount....
...News Corp chief executive Robert Thomson said “[media’s] collective IP is under threat” given that readers might no longer use news websites and instead find information through AI-generated answers....
...“However artful the artificial intelligence,” said Thomson last month, “it is no match for great reporting and for genuine journalistic nous”....
...Thomas Jordan, Swiss National Bank governing board chair, speaks at its annual watchers’ conference. Economic indicators: Nationwide issues October housing price index for the UK....
...Murdoch’s decision to step down will not affect the positions of longtime allies Rebekah Brooks, chief executive of News UK, and Robert Thomson, chief executive of News Corp in New York, according to a person...
...Robert Thomson will continue running News Corp and Lachlan Murdoch will preside over Fox. Rupert will continue to advise....
...“This is one of those ‘better together’ stories,” he says about his team’s decision to sell up to Thomson Reuters....
...News Corp chief executive Robert Thomson said this year that the group was already seeking financial compensation from an AI company for use of its “proprietary” content....
...Cook owner Fosun to sell brand to Poland’s eSky (SKY News) UK government vows to protect litigation funding that helped sub-postmasters (FT) Thomson Reuters takes 54% stake in Pagero (Reuters)...
...Anxiety about executives’ rewards is not unique to the UK, noted Tom Glocer, who ran London-listed Reuters and then Canadian-controlled Thomson Reuters between 2001 and 2011....
...In 2019, Blackstone sold Refinitiv, the financial data business it carved out of Thomson Reuters, to LSE Group, the parent company of the London Stock Exchange, for $27bn in stock....
...The board departures mark a sorry end in particular to Thomson’s tenure at Capricorn....
...helen.thomas@ft.com@helentbiz...
...Both his father, the garrulous, often-drunken Henry, and his uncle Thomas were executioners for the British state....
...Additional reporting by Nathalie Thomas in Edinburgh...
...Separate walkouts will happen at Guy’s and St Thomas’ Trust in south London and the Yorkshire Ambulance Trust after Unite union members rejected their latest pay offer....
...Simon Thomson, who has been at the helm of Capricorn for 11 years, will step down once the deal is completed. Shares in Tullow rose 1.83 per cent in early London trading....
...Findmypast operates as a standalone business, despite being wholly owned by DC Thomson....
...“My big concern is around the federalisation or fragmentation of regulation,” said Patrick Thomson, chief executive for Emea at JPMorgan Asset Management....
...Thomas Pugh, economist at the consultancy RSM, said the retail data were the first official sign of the toll of high inflation on consumer spending and the economy....
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