Dow Jones & Co., parent of the Wall Street Journal, and the New York Post, both owned by News Corp., sued the Jeff Bezos-backed generative AI startup Perplexity for copyright infringement, the latest in a stream of lawsuits around artificial intelligence that have met with varying degrees of success. Perplexity “claims to provide its users accurate and up-to-date news and information in a platform that, in Perplexity’s own words, allows users to “Skip the Links” to original publishers’ websites. Perplexity ...

The parent companies of The Post and The Wall Street Journal have filed suit against the Jeff Bezos-backed artificial intelligence firm Perplexity AI for allegedly engaging in a “massive amount of illegal copying” of the publications’ copyrighted work.NYP Holdings, Inc. and Dow Jones, both of which are subsidiaries of News Corp, jointly filed the lawsuit against Perplexity AI in Manhattan federal court on Monday demanding that the firm cease using their news articles as the basis for answers to questions.Th ...

Newly listed homes increased by 11.6% YOY and actively listed homes rose 33.9% YOY, according to Realtor.com® September Housing Report SANTA CLARA, Calif., Oct. 3, 2024 /PRNewswire/ -- Sellers got moving as mortgage rates notably hit a 24- month low following the Federal Reserve's jumbo rate cut of 50 bps in September. According to the Realtor.com® September Housing Report, newly listed homes increased by 11.6% compared to last September, yielding a significant reversal from the 0.9% decrease in August 2024 ...

A New Report from Realtor.com found South Carolina, North Carolina and Idaho are the top three states leading the new construction activity and affordability rankings New Construction Nationally is Helping Add Needed Inventory and Affordable Options SANTA CLARA, Calif., Sept. 18, 2024 /PRNewswire/ -- Today, Realtor.com® launched a brand new report "New Construction Insights," which found South Carolina, North Carolina and Idaho lead the way when it comes to new home construction. This report creates a ranki ...

News Corp considered switching away from Google's advertising products in 2017 – but decided against it after determining it would cost the company at least $9 million in lost revenue, a former executive at The Post's publisher testified Tuesday. Google maintained a stranglehold on digital advertising despite offering tools that were "clunky and slow" and ignoring requests to add new features, said Stephanie Layser, who worked as an advertising technology executive at News Corp from 2017 to 2022. Despite th ...

Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Picture date: Thursday June 22, 2023. Activist investor Starboard Value has moved to dissolve News Corp's dual-class share structure, a challenge to the Murdoch family's control over the Wall Street Journal-parent, according to people familiar with the matter. The push was made via a non-binding shareholder resolution, said the people. News Corp's structure as of September gave Rupert Murdoch control over around 40% of the compa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________ FORM 10-K ________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35769 ________________________________ NEWS CORPORATION (Exact name of ...

News Corporation (NASDAQ:NWS) Q4 2024 Results Conference Call August 8, 2024 5:00 PM ET Company Participants Michael Florin - SVP, Head of IR Robert Thomson - Chief Executive Officer Susan Panuccio - Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Kane Hannan - Goldman Sachs Entcho Raykovski - Evans & Partners Brian Han - Morningstar Darren Leung - Macquarie Lucy Huang - UBS Alan Gould - Loop Capital Craig Huber - Huber Research Operator Welcome to News Corp's Fourth Quarter ...

hapabapa/iStock Editorial via Getty Images August 9 ended up being a pretty good day for shareholders of News Corporation (NASDAQ:NWS) (NASDAQ:NWSA). Shares of the company popped up about 3% after management announced financial results covering the final quarter of the company's 2024 fiscal year. While earnings per share fell short of analysts' expectations, both revenue and adjusted earnings per share beat forecasts. But this is not the first time that investors should find themselves feeling good about th ...

News Corp beat Wall Street estimates for fourth-quarter revenue on Thursday, boosted in part by digital subscription growth at its Dow Jones business. The New York-based media giant — which owns The Post, The Wall Street Journal and Dow Jones — said revenue in the quarter ended June 30 jumped 6% to $2.58 billion, compared to $2.43 billion a year earlier. The company credited much of the revenue bump on 4% growth in its Dow Jones division, which includes The Journal, Barron's and Market Watch. turned in a 6% ...