Dow Jones sues Ransquawk for 'hot news' misappropriation

Dow Jones has sued a London-based aggregation service, Ransquawk, for allegedly accessing its news feed and publishing its content within seconds of its original publication.The legal action - as reported by Reuters - accuses Ransquawk (Real-Time Analysis & News) of "hot news" misappropriation by taking a "free ride" on journalistic content that the originator spent time and expense to create.In its filing to the US district court in Manhattan, Dow Jones accuses Ransquawk of "nearly instantaneously cutting, pasting, and broadcasting" content from its DJX service, which includes news unavailable to the general public."Its business model is as simple as it is illegal," says the filing. By accessing such content without permission, and without its own reporting or analysis, Ransquawk can offer a "pirated product" to traders at a cheaper price,."We refuse to sit back when others swoop in to swipe our content," said Jason Conti, deputy general counsel of Dow Jones, a division of News Corp.Dow Jones is aiming to halt to further misappropriation and seeking damages of $5m (£3.04m).Reuters quotes Ransquawk's chief executive and founder, Ranvir Singh, as saying in a email: "Whilst we obviously strongly deny any accusations made against us by Dow Jones... we will only be in a position to make a full statement tomorrow."Sources: Reuters/Dow Jones/Wall Street JournalDow JonesMedia lawNews CorporationWall Street JournalUnited StatesRoy Greensladetheguardian.com © 2014 Guardian... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-10 00:00:00 UTC ]
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Penguin Random House Sues the US State of Iowa

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[ Publishing Perspectives | 2023-11-30 23:47:44 UTC ]
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Penguin Random House, Authors Sue to Block Iowa Anti-LGBTQ Book Banning Law

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[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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Lambda Legal, ACLU Sue to Block Iowa Anti-LGBTQ Book Banning Law

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[ Publishers Weekly | 2023-11-29 05:00:00 UTC ]
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ACLU, Parents, and Students Sue Alaska School District Over Book Bans

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[ Publishers Weekly | 2023-11-21 05:00:00 UTC ]
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IAC and News Corp call out generative AI companies for scraping their content without compensation

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[ Digiday | 2023-11-17 05:01:00 UTC ]
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For the cold and short days ahead, check out these 24 hot new books published today.

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RMIT’s fact check reinstated by Facebook two months after suspension over News Corp voice complaints

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[ The Guardian | 2023-11-08 02:03:36 UTC ]
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All Seasons Press Sues Mark Meadows over Alleged Lies in Memoir

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[ Publishers Weekly | 2023-11-06 05:00:00 UTC ]
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Amazon Sues Scammers Targeting Authors

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[ Publishers Weekly | 2023-10-31 04:00:00 UTC ]
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[ Book Riot | 2023-10-30 10:40:00 UTC ]
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Victorian premier Jacinta Allan accuses News Corp of using ‘sexualised imagery’ in cartoon

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[ The Guardian | 2023-10-24 00:40:06 UTC ]
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At Frankfurt: Salman Rushdie’s News Conference

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[ Publishing Perspectives | 2023-10-20 15:58:21 UTC ]
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[ CBC | 2023-10-12 14:48:27 UTC ]
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