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Axel Springer

All articles tagged with #axel springer

business-media2 years ago

"Business Insider to Lay Off 8% of Staff"

Business Insider is cutting 8% of its staff in a restructuring effort aimed at driving value for its core audience. The layoffs come after a previous round in April 2023 and are part of a move to position the company for growth. CEO Barbara Peng expressed gratitude for the departing employees and outlined support measures including pay, medical coverage, and career services. The company, acquired by Axel Springer in 2015, recently faced scrutiny over an article about billionaire investor Bill Ackman's wife, prompting a review of its processes.

via Variety|
#axel-springer#business-insider#business-media
businessfinance2 years ago

"Business Insider CEO Defends Reporting on Bill Ackman's Wife Amid Plagiarism Accusations"

Business Insider and its parent company, Axel Springer, stand by their reporting that Neri Oxman, wife of billionaire hedge fund manager Bill Ackman, plagiarized in her doctoral dissertation, stating that the stories are accurate and without unfair bias. Oxman acknowledged failing to properly cite some of her work and apologized for the errors. Ackman has disputed the reporting and threatened the publication, while Axel Springer expressed satisfaction with Business Insider's review. The review process has raised concerns among Business Insider staffers about potential chilling effects on the newsroom's reporting.

via CNN|
#axel-springer#bill-ackman#business-insider
businessfinance2 years ago

"Unraveling the Bill Ackman Plagiarism Controversy: A Brewing Feud and Hypocrisy Exposed"

Billionaire investor Bill Ackman is embroiled in a controversy over plagiarism allegations against his wife, academic Neri Oxman, with Axel Springer, the owner of Business Insider, standing by their reporting and denying any bias. Ackman's involvement in the ousting of Harvard president Claudine Gay, amid allegations of plagiarism and campus antisemitism, has also come under scrutiny. The situation has sparked internal review at Axel Springer and stirred anger among Insider employees, while Ackman's social media campaign against Gay and subsequent resignation has raised questions about his influence and motivations.

via The Guardian|
#axel-springer#bill-ackman#businessfinance
businessinvestigation2 years ago

"Probe Launched into Business Insider's Reporting on Neri Oxman's Alleged Plagiarism"

Axel Springer, the parent company of Business Insider, is investigating the outlet's reporting processes after billionaire Bill Ackman questioned the motives behind its coverage of allegations that his wife, Neri Oxman, plagiarized in her 2010 doctoral dissertation at MIT. Ackman suggested that the editor of the stories is a "known anti-Zionist," while Insider's global editor-in-chief stands by the reporting. The investigation claims there were at least 32 instances of plagiarism in Oxman's dissertation and other papers, leading to a public dispute between Ackman and Business Insider.

via New York Post |
#axel-springer#bill-ackman#business-insider
technology2 years ago

OpenAI's ChatGPT Revolutionizes News Summaries in Groundbreaking Partnership with Axel Springer

OpenAI has partnered with German media group Axel Springer to allow its AI chatbot, ChatGPT, to summarize current articles from media brands such as Business Insider and Politico. The partnership will provide ChatGPT users with summaries of selected global news content, including material behind paywalls, along with links to the full articles. The deal is non-exclusive and valid for several years. While some media companies have blocked ChatGPT from accessing their content, Axel Springer aims to explore the opportunities of AI-powered journalism and enhance the accessibility of quality news content through AI tools.

via The Guardian|
#ai-journalism#axel-springer#chatgpt
business2 years ago

OpenAI and Axel Springer Partner to Revolutionize News Delivery with ChatGPT

German media company Axel Springer has partnered with OpenAI's ChatGPT to use content from its brands, including Politico and Business Insider, to answer user queries. The partnership aims to explore the opportunities of AI-empowered journalism while advancing the training of OpenAI's language models. This collaboration follows similar deals between OpenAI and other news organizations, highlighting the financial benefits for publishers. However, concerns remain about the potential replacement of journalists by AI models, leading to negotiations for protections against AI-generated content.

via Hollywood Reporter|
#ai#axel-springer#business
business2 years ago

OpenAI and Axel Springer Forge Groundbreaking Partnership for ChatGPT's Real-Time News Access

OpenAI, the company behind ChatGPT, has reached a multiyear licensing agreement with media giant Axel Springer, which owns publications such as Politico and Business Insider. This deal marks a significant step as media companies seek compensation for the use of their content in AI tools. Under the agreement, OpenAI will pay to use content from Axel Springer publications to train its AI models and populate answers in ChatGPT.

via The Wall Street Journal|
#artificial-intelligence#axel-springer#business
technology2 years ago

Axel Springer and OpenAI Revolutionize News Delivery with ChatGPT

Media company Axel Springer has partnered with OpenAI to enhance independent journalism using artificial intelligence. Under the global partnership, users of OpenAI's ChatGPT will have access to summaries of selected news content from Axel Springer's brands, including POLITICO and Business Insider. In return, OpenAI will use Axel Springer's content to train its language models. This collaboration aims to explore the potential of AI in journalism and provide new ways for people to access quality news content.

via POLITICO Europe|
#artificial-intelligence#axel-springer#journalism
technology2 years ago

Axel Springer and OpenAI Forge Groundbreaking News Partnership

OpenAI and Axel Springer have reached an unprecedented agreement to allow ChatGPT, OpenAI's language model, to summarize news articles from outlets like Politico and Business Insider. This partnership aims to provide users with news summaries, including articles that are typically limited to subscribers, while ensuring transparency through attribution and links to the full articles. The deal follows OpenAI's previous agreement with the Associated Press to license its news archive for training data. As publishers increasingly raise concerns about the use of their content in AI models, this collaboration addresses the need for access to reliable news summaries.

via CNBC|
#ai-models#axel-springer#chatgpt
media-bias2 years ago

"Media Challenges and Losses Amidst Israel-Gaza Conflict"

Upday, the largest news aggregator app in Europe and a subsidiary of Axel Springer, has been accused of instructing its editors to downplay Palestinian deaths and prioritize the Israeli perspective in its coverage of the Israeli-Palestinian conflict. According to employees and internal documents obtained by The Intercept, Upday directed its employees to minimize Palestinian civilian casualties and prioritize information about Israel in their reporting. The company also warned against publishing headlines that could be seen as pro-Palestinian and instructed employees not to quote Palestinian militant groups. Upday's biased approach reflects a wider bias among Western media giants, with other organizations facing criticism and taking action to censor or expel reporters who violate internal guidelines or journalistic ethics.

via The Intercept|
#axel-springer#israel#media-bias
business2 years ago

Axel Springer's AI-powered layoffs hit German media industry.

German publishing house Axel Springer is set to replace over a hundred human editorial jobs with artificial intelligence (AI), according to a leaked email. The move is part of a broader cost-cutting effort across the company's brands, including Insider. The email detailed that editors, print production staff, subeditors, proofreaders and photo editors will be replaced by AI, and that these human careers "will no longer exist as they do today." The decision has been met with criticism from the German Journalists' Association, which called it "antisocial towards employees" and "extremely stupid economically."

via Futurism|
#ai#axel-springer#business
technology2 years ago

Bild newspaper turns to AI as it cuts jobs amid declining readership.

Axel Springer SE, Europe's largest publishing house, has announced that it will replace a range of editorial jobs with artificial intelligence (AI). The job cuts at Springer, home of news brands such as Bild and Die Welt, stoke fears that AI will throw the whole world's media industry in disarray. Chatbots such as ChatGPT could be used to write news stories, making human journalists obsolete. However, some media analysts believe that AI, taking over mundane tasks, will free up journalists to focus on investigative reporting and deep analysis.

via DW (English)|
#ai#axel-springer#chatbots