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New York Times (NYT) to Report Q1 Earnings: What's in Store?
Zacks Investment Research· 2024-05-06 15:16
The New York Times Company (NYT) is likely to register an increase in the top line when it reports first-quarter 2024 numbers on May 8 before market open. The Zacks Consensus Estimate for revenues is pegged at $590.6 million, which indicates an improvement of 5.3% from the prior-year reported figure.However, the company is expected to observe a year-over-year decrease in its bottom line. The Zacks Consensus Estimate for first-quarter earnings per share has been stable at 18 cents in the past 30 days, which ...
The New York Times Company (NYT) Thrives on Subscriber Growth
Zacks Investment Research· 2024-04-22 16:36
The New York Times Company (NYT) has deftly overcome operational hurdles, achieving notable success fueled by its expanding subscriber base and strategic transformations. With an unwavering commitment to diversifying revenue streams, optimizing costs and refining operations, the company has emerged as a formidable player in the media landscape. To amplify its revenues further, NYT is actively promoting a more strategically bundled subscription offering, reflecting its proactive approach to business evolutio ...
Left-leaning site The Intercept is reportedly running out of cash amid New York Times flap
New York Post· 2024-04-15 16:59
Left-leaning news site The Intercept is reportedly in dire financial straits that could cause the nonprofit to shutter next year — as it attacks The New York Times over alleged bias in its Israel-Gaza war coverage.The Intercept — co-founded by Glenn Greenwald and Laura Poitras a decade ago and originally financed by eBay billionaire founder Pierre Omidyar — is losing around $300,000 per month and could run out of money by May 2025, according to Semafor.Last year, Omidyar cut his support and the site was spu ...
The New York Times' (NYT) Subscriber Growth Fuels Expansion
Zacks Investment Research· 2024-04-02 15:41
The New York Times Co. (NYT) is experiencing growth, driven by an expanding subscriber base and strategic evolution, despite facing hurdles. The company's success stems from its commitment to diversifying revenue sources, cutting costs and optimizing operations. To boost earnings further, NYT is actively promoting a more strategic bundled subscription model.Leveraging technological advancements, this New York-based firm has strengthened its connection with its target demographic. Noteworthy acquisitions lik ...
The New York Times is fighting off Wordle look-alikes with copyright takedown notices
TechXplore· 2024-03-13 08:27
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A Wordle game is seen on a mobile phone, July 15, 2022, in Boston. The New York Times is fighting off Wordle “clones” — arguing that numerous games inspired by the mega-popular word-guessing game infringe on its copyright protections. Credit: AP Photo/Michael Dwyer, File The New York Times is fighting off Wordle "clones"—arguing ...
《纽约时报》指称 ChatGPT 绕过了付费墙,而非 OpenAI 所说的“黑客攻击”
IT之家· 2024-03-13 00:10
IT之家 3 月 13 日消息,纽约时报去年对 OpenAI 和微软发起诉讼,声称对方公司 AI 侵权,而 OpenAI 称该报“黑”了 ChatGPT 以便针对他们来生成具有误导性的诉讼证据。 现在,纽约时报对 OpenAI 关于“黑客入侵”的说法作出了回应,指责 OpenAI 歪曲事实,从而转移公众注意力。 “OpenAI 错了,”纽约时报在一份法院文件中反复辩称,“OpenAI 试图转移注意力的说法,即‘纽约时报黑了其产品’这种说辞毫无意义且站不住脚”。 此外,纽约时报在为其用提示引导 ChatGPT 吐出记忆(即训练数据,包括 100 多篇《纽约时报》文章)的策略辩护时指出,ChatGPT 用户经常使用该工具生成整篇文章以绕过付费墙。 纽约时报辩称,他们目前并不知道有多少篇文章已经被用来训练 GPT-3 和 OpenAI 后续的 AI 模型,也不知道 OpenAI 使用了哪些特定文章,因为 OpenAI “没有公开披露用于训练其人工智能模型的数据集构成”。 纽约时报强调,他们并不是为了提起诉讼,而是通过提示 ChatGPT 来发现证据,以试图追踪“该工具侵犯版权的全部范围”。 法院文件显示,为了弄清楚 ...
New York Times under fire again — this time over bestseller list after Elon Musk tweet: ‘Pure propaganda'
New York Post· 2024-03-12 20:18
The New York Times is facing fresh controversy over its influential bestseller book list after Elon Musk posted on X about a years-old lawsuit that accused the paper of tweaking its rankings according to subjective criteria.“The New York Times is pure propaganda,” Musk, the CEO of X, wrote on Sunday in response to a post that said the list is “editorial content,” not based on sales figures. “Like everything else in Sulzberger’s paper, the NYT bestseller list is fake,” wrote Balaji Srinivasan, the former chi ...
Why Is New York Times (NYT) Down 0.9% Since Last Earnings Report?
Zacks Investment Research· 2024-03-08 17:36
It has been about a month since the last earnings report for New York Times Co. (NYT) . Shares have lost about 0.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is New York Times due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. NY Times Q4 Earnings Beat, Subscriber ...
New York Times: Nuclear Risks Have Not Gone Away
Forbes· 2024-03-06 19:48
For most Americans, nuclear weapons are a relic of the Cold War, out of sight and out of mind. But a surge of attention over the past year may put these world-ending weapons on the public agenda again, in a way that has not been seen since the rise of the disarmament movement of the 1980s.First came the announcement that the Doomsday Clock of the Bulletin of the Atomic Scientists – which expresses the view of a panel of experts of how close we are to ending life as we know it through a nuclear conflagration ...
Microsoft asks to dismiss New York Times' ‘doomsday' copyright lawsuit
The Guardian· 2024-03-06 19:17
Microsoft has responded to a copyright infringement lawsuit brought by the New York Times over alleged use of content to train generative artificial intelligence, calling the claim a false narrative of “doomsday futurology”. The tech giant said the lawsuit was near-sighted and akin to Hollywood’s losing backlash against the VCR.In a motion to dismiss part of the lawsuit filed Monday, Microsoft, which was sued in December alongside ChatGPT-maker OpenAI, scoffed at the newspaper’s claim that Times content rec ...