New York Times sues Microsoft and OpenAI for ‘billions’

The videogame software provider Unity Software said on Monday that it would cut its work force by 25 percent, or roughly 1,800 jobs, in one of the first major tech industry layoffs this year. In a securities filing, Unity said the cuts would allow it to restructure and refocus “on its core business, and to…

Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple shares slid less than 1% on Friday after The New York Times reported that the…

Quick, name five classic American magazines. Did you say Sports Illustrated? I did. And I’m not even a sports guy. But if you’re of a certain age, you know Sports Illustrated. Along with, say, People, Time and National Geographic, it has long lined the dentist offices, neighbors’ doormats and coffee tables of your life. It’s…

OpenAI is offering paltry payouts of as little as $1 million to media outlets in exchange for using their news articles to train the models that power ChatGPT — and the negotiations are playing out even as the company faces a major copyright infringement lawsuit from the New York Times. The proposed licensing fees of…

Mattel, the company behind Hot Wheels, Fisher-Price and Barbie, pledged in 2017 to donate $49 million to UCLA to support its children’s hospital. But now the hospital says Mattel never came through with the money. According to a new lawsuit, the El Segundo toy company made “the inexplicable decision a few short years later to…

In a statement Virgin said it was “surprised and disappointed” by the ruling. “Given no consumers complained about the advert, and independent polling has shown the majority of people correctly understood what our claim meant, it’s slightly baffling that the ASA has ruled in this way,” a spokesman said.