TollBit The 28-year-old founders of TollBit, a New York-based startup that is all of six months old, think we’re living in the “Napster days” of AI. Just like people of a certain generation downloaded digital music, companies are ripping off vast swaths of the internet without paying the rights holders. They want TollBit to be the iTunes of the AI world. “It’s kind of the Wild West right now,” Olivia Joslin, the company’s co-founder and chief operating officer, told Engadget in an interview. “We want to make it easier for AI companies to pay for the data they need.” Their idea is simple: create a marketplace that connects AI companies that need access to fresh, high-quality data to the publishers who actually spend money creating it. AI companies have, indeed, only recently started paying for (some of) the data they need from news publishers. OpenAI kicked off an arms race at the end of 2022, but it was only a year ago that the company signed the first of its many licensing deals with the Associated Press. Later that year, OpenAI announced a partnership with German publisher Axel Springer, which operates Business Insider and Politico in the US. Multiple publishers including Vox, the Financial Times, News Corp and TIME, have since signed deals with OpenAI and Google. But that still leaves countless other publishers and creators out in the cold — without the option to strike this Faustian Bargain even if they want to. This is the “long tail” of publishers that TollBit wants... Continue reading at 'Engadget'
[ Engadget | 2024-08-23 16:29:42 UTC ]
The Nevada court defeat means Lachlan Murdoch’s siblings could have a much greater say in the company’s future - with significant ramifications As the Black Summer bushfires ravaged Australia, coverage of the disaster in the News Corp publications sparked a rare public airing of the divisions... Continue reading at The Guardian
[ The Guardian | 2024-12-13 14:00:50 UTC ]
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Gas-industry sponsored series of stories presented as news on front page of News Corp newspapersHow can News Corp call its gas splash an ‘exclusive’ and a ‘special report’ when it’s paid for by industry? | CommentFollow our Australia news live blog for latest updatesGet our breaking news email,... Continue reading at The Guardian
[ The Guardian | 2024-12-04 05:37:04 UTC ]
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Readers are led to believe a short-on-facts advertorial exhorting government to let companies extract more gas is straight news coverageGet our breaking news email, free app or daily news podcastThe big news on Monday morning was that the story splashed across the front of News Corp’s... Continue reading at The Guardian
[ The Guardian | 2024-12-02 14:00:29 UTC ]
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Activist investor Starboard Value had challenged ownership structure, as Murdoch family controls 41% of company votesLachlan Murdoch faced down a shareholder vote on Wednesday aimed at weakening the Murdoch family’s control over their media empire.The activist investor Starboard Value had... Continue reading at The Guardian
[ The Guardian | 2024-11-20 18:57:31 UTC ]
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‘Good riddance to woke,’ Peta Credlin says, while Tim Blair urges country to ‘Drill, Australia. Drill’Andrew Bolt admits to gloating but says he is “gloating for a good cause”.“We have to shame the lies and the hysterics who came far too close to getting the empty head of Kamala Harris elected... Continue reading at The Guardian
[ The Guardian | 2024-11-08 01:22:10 UTC ]
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Daily Telegraph talks up chances Charles will attend the Everest. Plus: ABC splashes cash on redesignFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWith King Charles and Queen Camilla arriving on Friday for the couple’s first... Continue reading at The Guardian
[ The Guardian | 2024-10-18 01:06:28 UTC ]
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Contentious proposed bill would exclude professional news content, but News Corp worried that it would be considered a media serviceFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastNews Corp has raised concerns the federal... Continue reading at The Guardian
[ The Guardian | 2024-10-17 06:17:31 UTC ]
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Markson says sit-down with Israel’s PM like meeting ‘Winston Churchill during his fight against the Nazis’. Plus: News Corp reprints cartoon found to be offensiveFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastSharri Markson spent... Continue reading at The Guardian
[ The Guardian | 2024-10-11 00:31:16 UTC ]
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Decision comes after UK real estate portal turned down fourth offer from Australian property companyBusiness live – latest updatesThe Rupert Murdoch-backed real estate company REA Group has abandoned its attempt to take over the website Rightmove after its fourth offer was rebuffed on Monday.The... Continue reading at The Guardian
[ The Guardian | 2024-09-30 12:05:59 UTC ]
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Behind closed doors in a courtroom in Reno, Nevada, a high-stakes family business dispute has been unfolding. Rupert Murdoch is trying to change the terms of a longstanding family trust to give his favoured eldest son, Lachlan, full control of his media empire after his death.Associate professor... Continue reading at The Guardian
[ The Guardian | 2024-09-23 15:00:07 UTC ]
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The trial over the alleged ad tech monopoly begins Monday in Virginia. One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology.The Justice... Continue reading at Fast Company
[ Fast Company | 2024-09-09 13:38:21 UTC ]
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TollBit The 28-year-old founders of TollBit, a New York-based startup that is all of six months old, think we’re living in the “Napster days” of AI. Just like people of a certain generation downloaded digital music, companies are ripping off vast swaths of the internet without paying the rights... Continue reading at Engadget
[ Engadget | 2024-08-23 16:29:42 UTC ]
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TikTok argued that it should still have free speech protections like foreign-owned American news outlets Politico and Business Insider. TikTok on Thursday pushed back against U.S. government arguments that the popular social media platform is not shielded by the First Amendment, comparing its... Continue reading at Fast Company
[ Fast Company | 2024-08-16 12:30:37 UTC ]
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Exclusive: Former News Corp CEO says Murdoch company’s obsession with the public broadcaster is ‘fairly unhinged’ and should largely be ignoredFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastKim Williams, the current... Continue reading at The Guardian
[ The Guardian | 2024-08-10 20:00:05 UTC ]
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A preliminary inquiry threatens to reopen a tumultuous chapter in U.K. news media history. It could entangle The Washington Post’s publisher and other former News Corp figures. Continue reading at The New York Times
[ The New York Times | 2024-07-31 21:53:11 UTC ]
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When people type a question into Perplexity, the two-year-old search engine scours the internet and uses information from multiple sources, including online publishers, to synthesize an answer using AI. Soon, Perplexity will start sharing revenue with some publishers as part of an advertising... Continue reading at Engadget
[ Engadget | 2024-07-30 13:00:52 UTC ]
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Murdoch’s Australian arm has quietly slashed tens of millions of dollars in costs to counter a slow advertising market and loss of revenue from Meta dealFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastSome of News... Continue reading at The Guardian
[ The Guardian | 2024-07-24 08:18:25 UTC ]
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Apology from Sky News was published at 7pm on Friday – a time when very few would see it, complainants say. Plus: speculation over Paul Barry’s replacementGet our morning and afternoon news emails, free app or daily news podcastMiriki Performing Arts has gracefully accepted an apology from News... Continue reading at The Guardian
[ The Guardian | 2024-06-14 15:00:54 UTC ]
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No matter what the national broadcaster does, News Corp and the Australian will keep gnawing at itThere are a few things we can assume the ABC board and executive know only too well.First, News Corporation, and the Australian newspaper in particular, will always attack the ABC. The reasons are a... Continue reading at The Guardian
[ The Guardian | 2024-05-31 15:00:11 UTC ]
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