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EU's new AI rules ignite battle over data transparency

ANALYSIS-EU's new AI rules ignite battle over data transparency By Martin Coulter LONDON, June 13 (Reuters) - A new set of laws governing the use of artificial intelligence (AI) in the European Union will force companies to be more transparent about the data used to train their systems, prying open one of the industry's most closely guarded secrets .
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Australia should force Meta to pay for news, News Corp executive says

UPDATE 1-Australia should force Meta to pay for news, News Corp executive says Adds Meta comment in paragraphs 6 and 15-16 CANBERRA, June 5 (Reuters) - Australia should force Meta Platforms META.O to pay news companies for content that appears on Facebook and impose broader regulation on social media firms, a senior News Corp NWSA.O executive said.
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Australia should force Meta to pay for news, News Corp executive says

Australia should force Meta to pay for news, News Corp executive says CANBERRA, June 5 (Reuters) - Australia should force Meta Platforms META.O to pay news companies for content that appears on Facebook and impose broader regulation on social media firms, a senior News Corp NWSA.O executive said. Meta said in March it would stop paying Australian news publishers for content.
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Media mogul Rupert Murdoch, 93, weds for the fifth time

Media mogul Rupert Murdoch, 93, weds for the fifth time June 2 (Reuters) - Rupert Murdoch has wed retired marine biologist Elena Zhukova in California, the fifth marriage for the 93-year-old media mogul, a spokesperson said on Sunday. The wedding was held on Saturday at a Murdoch vineyard. Zhukova is 67. The couple began dating last year. Murdoch stepped down last year as chairman of News Corp NWSA.O and Fox FOXA.O , ending a seven-decade career running a media empire that once spanned satellite
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OpenAI signs content deals with The Atlantic and Vox Media

UPDATE 2-OpenAI signs content deals with The Atlantic and Vox Media Adds WAN-IFRA deal in paragraph 11 May 29 (Reuters) - Sam Altman-led OpenAI said on Wednesday it has signed content and product partnerships with The Atlantic and Vox Media, helping the artificial intelligence firm to boost and train its products. WHY IT'S IMPORTANT The agreements with The Atlantic and Vox Media come on the heels of several media firms signing similar deals , giving OpenAI access to their news content and archiv
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UK's M&S taps Rightmove's Alison Dolan as finance chief

UPDATE 2-UK's M&S taps Rightmove's Alison Dolan as finance chief Dolan will succeed interim CFO Jeremy Townsend Townsend will remain in role until May 2025 Dolan's starting date to be decided in due course Adds share movement in paragraph 3, details on Dolan in paragraph 7 May 29 (Reuters) - Marks & Spencer (M&S) MKS.L said on Wednesday it has appointed Alison Dolan as its chief financial officer, days after the British retailer smashed profit forecasts and announced its first yearly dividend si
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PwC to become OpenAI's largest enterprise customer amid genAI boom

UPDATE 3-PwC to become OpenAI's largest enterprise customer amid genAI boom Updates to change source, adds details from company's statement in paragraphs 4, 7 May 29 (Reuters) - PwC will become the largest customer and first reseller of OpenAI's enterprise product as part of a new deal, the accounting giant said on Wednesday, as businesses rush to adopt and capitalize on generative artificial intelligence.
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U.S. STOCKS International Paper, Liveramp, Ralph Lauren

BUZZ-U.S. STOCKS ON THE MOVE-International Paper, Liveramp, Ralph Lauren Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidia's blowout revenue forecast, but persistent worries about U.S.
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U.S. STOCKS Synopsys, CSW Industrials, Take-Two Interactive

BUZZ-U.S. STOCKS ON THE MOVE-Synopsys, CSW Industrials, Take-Two Interactive Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The tech-heavy Nasdaq and the benchmark S&P 500 opened at record highs on Thursday as chip stocks rallied after Nvidia's upbeat revenue forecast, but persistent worries about U.S.
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U.S. STOCKS Nvidia, Hasbro, News Corp

BUZZ-U.S. STOCKS ON THE MOVE-Nvidia, Hasbro, News Corp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The tech-heavy Nasdaq and the benchmark S&P 500 were poised to open higher on Thursday, driven by a rally in chip stocks after Nvidia's upbeat revenue forecast cemented investor optimism around the meteoric rise of artificial intelligence technology.
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News Corp rises after signing content deal with OpenAI

BUZZ-News Corp rises after signing content deal with OpenAI ** Shares of media conglomerate News Corp NWSA.O rise 5.4% to $27.35 premarket ** OpenAI has signed a deal that will give it access to content from news publications owned by NWSA, the companies said on Wednesday ** OpenAI did not disclose the financial details of the deal, but the Wall St
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New York Times business news - May 23

PRESS DIGEST- New York Times business news - May 23 May 23 (Reuters) - Following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - News Corp NWSA.O , the Murdoch-owned empire of publications like The Wall Street Journal and The New York Post, announced that it had agreed to a deal with OpenAI to share its content to train and service artificial intelligence chatbots.
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Wall Street Journal - May 23

PRESS DIGEST - Wall Street Journal - May 23 May 23 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Sam Altman-led OpenAI has signed a deal that will give it access to content from some of the biggest news publications owned by media conglomerate News Corp NWSA.O .
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Sam Altman's OpenAI signs content agreement with News Corp

UPDATE 3-Sam Altman's OpenAI signs content agreement with News Corp Adds detail from WSJ report in paragraph 7, shares in paragraph 9 May 22 (Reuters) - Sam Altman-led OpenAI has signed a deal that will give it access to content from some of the biggest news publications owned by media conglomerate News Corp NWSA.O , the companies said on Wednesday. The deal comes weeks after the Microsoft-backed MSFT.O AI giant clinched an agreement to license content from the Financial Times for the developmen
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Sam Altman's OpenAI signs content agreement with News Corp

Sam Altman's OpenAI signs content agreement with News Corp May 22 (Reuters) - Sam Altman-led OpenAI has signed a deal to bring News Corp's NWSA.O news content to the artificial intelligence platform, the companies said on Wednesday. Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur
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Soroban Capital builds stake in Johnson Controls alongside Elliott, Bloomberg News reports

UPDATE 5-Soroban Capital builds stake in Johnson Controls alongside Elliott, Bloomberg News reports Adds Elliott management's response in paragraph 4 May 20 (Reuters) - Soroban Capital Partners has built a stake in industrial firm Johnson Controls International JCI.N in the wake of pressure from Elliott Investment Management, Bloomberg News reported, citing people with knowledge of the matter.
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Starboard Value adds more shares in News Corp, filing shows

Starboard Value adds more shares in News Corp, filing shows NEW YORK, May 15 (Reuters) - Activist hedge fund Starboard Value more than tripled its stake in class A shares of Rupert Murdoch's News Corp NWSA.O in the first quarter, according to a securities filing on Wednesday. At the end of March, Starboard held roughly 6 million class A shares in the media empire, or $156 million, versus 1.7 million shares in December.
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Starboard Value LP Cuts Share Stake In Salesforce, Raises In News Corp

BRIEF-Starboard Value LP Cuts Share Stake In Salesforce, Raises In News Corp May 15 (Reuters) - Starboard Value LP: STARBOARD VALUE LP: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2024 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2023 STARBOARD VALUE LP CUTS SHARE STAKE IN FORTREA HOLDINGS INC BY 30.2% TO 5.3 MLN SHARES STARBOARD VALU
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British Business - May 13

PRESS DIGEST-British Business - May 13 May 13 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - A commercial plane with an "un-jammable" navigation system powered by quantum technology has been trialled in the UK in a world first.
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Jefferies, Citi ups PT on Australia's REA Group over positive qtr results

BUZZ-Jefferies, Citi ups PT on Australia's REA Group over positive qtr results Updates with Citi comments ** Analysts at Jefferies lift price target on Australia's REA Group REA.AX to A$200.45/share from A$171.51/share ** Brokerage sees qtrly revenue growth of 24% YoY and EBITDA growth of 24% as good results for the online real estate service firm
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