The New York Times Co. (NYT) sues Microsoft (MSFT) and OpenAI on copyright concerns

Go back to The New York Times Co. (NYT) sues Microsoft (MSFT) and OpenAI on copyright concerns

Microsoft's (MSFT) 'iPhone moment' is here declares Wedbush analyst

December 28, 2023 8:41 AM EST

(Updated - December 28, 2023 9:55 AM EST)

Wedbush raised its price target for tech giant Microsoft (NASDAQ: MSFT) to $450 from $425 in a note to clients Thursday, maintaining its Outperform rating on the stock. Analyst Daniel Ives declared in his note that Microsoft's "'iPhone moment' is here."

Wedbush, which sees Microsoft as one of the best ideas for 2024, said the iPhone moment is based on the fact that artificial intelligence (AI) monetization is set to change the... More

Active options: MSFT BABA GOOGL COIN C BAC SOFI RIOT META F

December 27, 2023 9:45 AM EST

Active options: MSFT BABA GOOGL COIN C BAC SOFI RIOT META F

... More

NY Times sues OpenAI, Microsoft for infringing copyrighted works

December 27, 2023 9:14 AM EST

By Jonathan Stempel

NEW YORK (Reuters) -The New York Times sued OpenAI and Microsoft on Wednesday, accusing them of using millions of the newspaper's articles without permission to help train chatbots to provide information to readers.

The Times said it is the first major U.S. media organization to sue OpenAI, creator of the popular artificial-intelligence platform ChatGPT, and Microsoft, an OpenAI investor and creator of the AI platform now known as Copilot, over copyright issues associated with its works.

Writers and others have also sued to limit the scraping -- or automatic collection... More

New York Times (NYT) Sues Microsoft (MSFT), Openai Citing Copyright Issues - Bloomberg

December 27, 2023 8:28 AM EST

New York Times (NYSE: NYT) Sues Microsoft (NASDAQ: MSFT), Openai Citing Copyright Issues - Bloomberg

... More

Apple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI Devices - Bloomberg

December 27, 2023 3:00 AM EST

Apples iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI Devices - Bloomberg

Outgoing Apple executive Tang Tan will join Ives design firm LoveFrom, which will shape the look and capabilities of the new products.Tan will lead hardware engineering at the... More