News Corp

News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal

News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal

NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.

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News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal

News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal

NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.

Read Full Article

Murdoch brothers' symbiotic ties to be tested in Fox cockpit

One has been closely involved with the family business from his early 20s and is driven to succeed. The other had to be lured back from a decade's hiatus from the company and has operated at the edges of the empire.

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With a prince's backing, James Murdoch may soon ascend at Fox

Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James' father Rupert Murdoch built.

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Top Fox investors seek to convert voting shares, Murdoch may benefit

Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the company to Rupert Murdoch, according to people familiar with the matter.

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Books, digital real estate assets lift News Corp results

News Corp (NWSA.O), owner of the Wall Street Journal and HarperCollins, reported quarterly revenue and a profit just above analysts' consensus forecast as its book publishing and real estate businesses offset dwindling print revenue.

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Elisabeth Murdoch to step down as Shine Group chairman

Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc [CKXETM.UL], the Financial Times reported, citing people familiar with the matter.

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News Corp to buy real estate website operator Move for $950 mln

Rupert Murdoch's News Corp (NWSA.O) said it would buy Move Inc (MOVE.O), the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business.

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New York's Javelin lands $1.5M funding to teach big firms to innovate like a startup

New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.

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California-based Roku Inc mulls US IPO this year- sources

Saratoga, California-based Internet TV device maker Roku Inc is studying the possibility of holding an initial public offering this year, according to sources interviewed by Bloomberg.

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21st Century Fox to sell 47% stake in Star China TV to operator, China Media Capital

TV and film company 21st Century Fox on Thursday announced that it would put up for sale its 47% stake in Star China TV for an undisclosed sum. The said stake will be bought by private equity firm China Media Capital and the TV channel operator's management.

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Founders launch new tech site venture after closure of AllThingsD

After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.

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News Corp picks up Ireland's social news agency Storyful in $25M deal

New York, US-based media group News Corp has acquired Dublin, Ireland's social news agency Storyful in a deal valued at €18 million ($25 million) to help surface and validate user-generated news online.

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US media firm NBC Universal takes stake in AllThingsD, which is set to change name -report

NBC Universal has agreed to buy a minority stake in tech-news site AllThingdD, which is set to be renamed "Revere Digital" this month, according to a Bloomberg report.

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Time Warner's magazine unit files for spin-off

Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.

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