Content providers look for OpenAI license deal
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 29 December 2023
⏱️ 5 minutes
🧾️ Download transcript
Summary
Show Notes
20 global single name stock shorts for 2024 - Morgan Stanley
Fisker up 9% on huge increase in deliveries between Q3 and Q4
Episode transcripts seekingalpha.com/wsb.
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch. Our afternoon update on today's market action news and analysis. |
| 0:11.0 | Good afternoon. Today is Friday, December 29th I'm your host Kim Khan. Our top story so far today. |
| 0:17.0 | Several publishers, including News Corp, have held talks with Open AI to license their content amid legal issues regarding |
| 0:24.8 | third-party content being used to train artificial intelligence. |
| 0:28.8 | Also included in the group are IAC, GINET, and the News Media Alliance, which represents more than 2,200 North American news |
| 0:36.1 | organizations. That's according to the New York Times. News Corp owns the Wall Street Journal, |
| 0:41.8 | barons and market watch Watch among other properties. |
| 0:44.0 | IAC owns properties such as Dot Dash Meredith, The Daily Beast, and Investopedia. |
| 0:50.0 | And Gennett houses brands such as USA Today and many local publications, including North Jersey.com, the |
| 0:55.6 | Tennesseeian, and Detroit Free Press. |
| 0:58.6 | Microsoft, which is Open AI's largest investor, has held talks as well. News of the negotiations come just days |
| 1:05.0 | after the New York Times company sued Microsoft and Open AI for copyright |
| 1:09.1 | infringement. In today's trading, it's all about watching levels. The S&P 500 is little change right now, but |
| 1:16.6 | needs just a small gain of around 15 points to notch a new record close, which would also |
| 1:21.4 | confirm a bull market from the October lows. |
| 1:24.8 | It also looks on track to close out the year with its ninth straight winning week, a streak |
| 1:28.8 | it hasn't matched since January 2004. |
| 1:32.1 | And with all the twists and turns we've seen in the bond market this year, |
| 1:35.0 | the 10-year Treasury yield looks to finish, if not exactly, right near where it finished to |
| 1:39.5 | 2022. It's around 3.9% now and ended last year at 3.88%. In the morning data, the loan |
| 1:47.0 | indicator showed some weakness. The December Chicago PMI slumped more than expected |
| 1:51.9 | to 46.9 from 55.8 the month before. |
... |
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