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The New York Times sues OpenAI, Microsoft over the use of its stories to train chatbots

The New York Times has filed a federal lawsuit against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots, saying that copyright infringements at the paper alone could be worth billions. In the suit filed Wednesday in Manhattan federal court, the Times said OpenAI and Microsoft are advancing their technology through the “unlawful use of The Times’s work to create artificial intelligence products that compete with it" and "threatens The Times’s ability to provide that service.” OpenAI and Microsoft did not immediately respond to requests for comment...

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AMZN GOOGL

Who Needs The Mag 7? Netflix Unveils Biggest-Ever Global Debut

While not a Magnificent Seven member, Netflix stock has launched a breakout and this largest-ever global debut...

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MSFT

UPDATE 2-New York Times sues OpenAI, Microsoft for infringing copyrighted works

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 and Microsoft, which created popular artificial-intelligence platforms such as ChatGPT and Bing Chat, now known as Copilot, over copyright issues associated with its works. The newspaper's complaint filed in Manhattan federal court accused OpenAI and Microsoft of trying to "free-ride on The Times's massive investment in its journalism" by using it to provide alternative means to deliver information to readers...

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AAPL MSFT

The best-performing stock of the year rose nearly 10-fold, while the 2nd-best averted disaster to surge 1,000% in a wild 2023

Forget about the Magnificent Seven and AI. The stocks that did the absolute best during the year were tied to biotech and crypto — along with one car-related.....

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GOOGL

Is It Worth Investing in Alphabet Inc. (GOOG) Based on Wall Street’s Bullish Views?

According to the average brokerage recommendation (ABR), one should invest in Alphabet Inc. (GOOG). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?...

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MSFT

Wall Street Bulls Look Optimistic About Microsoft (MSFT): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Microsoft (MSFT). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?...

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MSFT

New York Times sues Microsoft, OpenAI for copyright infringement

The New York Times (NYT) is suing Microsoft (MSFT) and OpenAI, the startup behind ChatGPT, over copyright infringement. The paper alleges millions of its articles were used to train AI programs and wants the companies to be held accountable for “billions of dollars in statutory and actual damages.” Yahoo Finance Live has the breaking details.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

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MSFT

How Microsoft’s Booming Cybersecurity Business Hit A Speed Bump

Microsoft's $20 billion computer security business is growing 30% annually. But a Chinese hack of U.S. government emails showed customers the cloud computing giant is still vulnerable...

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AAPL

Apple: Market Share Loss In China Poses A Risk

Apple's sales continued to decline in every quarter during FY2023. Find out why I currently stay cautious and assign a hold rating to AAPL stock...

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MSFT

New York Times sues OpenAI, Microsoft for infringing copyrighted works

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 and Microsoft, which created popular artificial-intelligence platforms such as ChatGPT and Bing Chat, now known as Copilot, over copyright issues associated with its works. The newspaper's complaint filed in Manhattan federal court accused OpenAI and Microsoft of trying to "free-ride on The Times's massive investment in its journalism" by using it to provide alternative means to deliver information to readers...

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