New York, New York, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for the private unitranche facility supporting FloWorks, a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”). FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications. OHA is the largest holder across the new financing facility, which will be used to refinance the company ...

Advertisement The New York Times and other newspapers are in a legal battle with OpenAI over using their content.Lawyers for the newspapers are searching OpenAI's training data as part of a discovering process.OpenAI accidentally just deleted all the lawyer's work.An unusual setback has happened in a lawsuit against OpenAI: the company just deleted a bunch of work by the lawyers representing its opposition. The lawsuit was filed by a group of news organizations including The New York Times and The Chicago ...

New York, Nov. 19, 2024 (GLOBE NEWSWIRE) -- New York, New York - B.D. Killen Music Group has exciting news. They are rolling out a fresh, gamified strategy to tackle the newest challenges in today's music streaming landscape. Spotify recently set new rules that require tracks to hit certain numbers for monetization to begin. Before this new bar is met, they do not pay artists anything. This devolutionary change makes things especially tough for new and upcoming artists. In response, B.D. Killen is introduc ...

The union representing tech workers at the New York Times on Monday ended its strike — launched days before Election Day — without securing a new contract.The Tech Guild, which represents some 600 software engineers and programmers at the Gray Lady’s digital platforms, returned to work on Tuesday morning without management having met their demands for higher wages and job protections.However, union leaders declared victory in the labor dispute. 4 Tech workers at the New York Times ended their week-long st ...

New York Times tech workers are ending their strike after a weeklong stoppage.The strike threatened to disrupt election coverage but had limited impact on the Times' operations.The Tech Guild, formed in 2021, represents 600-plus engineers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're o ...

Dozens of New York Times tech workers crossed the picket line amid a tech strike.The Tech Guild is striking over remote work, pay equity, and subcontracting limits.The work stoppage threatened to disrupt operations during an expected election traffic surge. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized f ...

The New York Times Company (NYT) continued its decent performance in the third quarter of 2024. The company's adjusted earnings per share were 45 cents, which surpassed the Zacks Consensus Estimate of 42 cents. The figure marked an increase from the year-ago adjusted earnings of 37 cents. Total revenues of $640.2 million were in line with the Zacks Consensus Estimate of $640 million and increased 7% year over year. See the Zacks Earnings Calendar to stay ahead of market-making news.NYT added approximately 2 ...

The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines and provide services to mitigate the effect of a strike by New York Times tech workers.The NYT Tech Guild announced its strike Monday, after setting November 4 as its deadline months earlier. The workers represented provide software support and data analysis for the Times, on the business side of the outlet. They have been asking for an annual 2.5% wage increase and to cement a current two days per week in-office ex ...

The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross a virtual picket line and provide services during a strike by New York Times tech workers.The NYT Tech Guild announced its strike Monday, after setting November 4 as its deadline months earlier. The workers represented provide software support and data analysis for the Times, on the business side of the outlet. They have been asking for an annual 2.5% wage increase and to cement a current two days per week in-office expectation, ...

The New York Times' tech workers went on strike, risking disrupting the Times during the election.The Tech Guild is seeking remote work protections, pay equity, and limits on subcontracting.The strike could impact the Times' digital operations ahead of an expected traffic surge. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topi ...