ValueAct Capital cut slashed its position in media firm New York Times. Legion Partners disclosed a large position in authentication and security technology...
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from Aug. 10 through Aug. 16, 2023. Source: VerityDataLegion Partners reported holding 3,467,631 shares of the authentication and security technology firm, an 8.7% stake.
Legion believes OneSpan should commit to 30%-plus adjusted margins for earnings before interest, taxes, depreciation, and amortization for 2024, increase capital returns by more than $50 million, and pursue a sale of the company.Blackstone Group trimmed its stake in the commercial safety and engineering company to 24,390,243 shares. All of those underlie series B preferred convertible stock issued under a July 2021 stock-purchase agreement. APi Group used the proceeds to help fund its $3.
On June 1, Lifecore reported fiscal third-quarter numbers, and said that as a result of reaching an enhanced supply agreement with a customer, and a debt restructuring, it was able to remove an auditor’s warning about the company’s viability.
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New York Times considers legal action against OpenAI as copyright tensions swirlThe news publisher and maker of ChatGPT have held tense negotiations over striking a licensing deal for the use of the paper's articles to train the chatbot. Now, legal action is being considered.
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New York Times considers legal action against OpenAI as copyright tensions swirlThe news publisher and maker of ChatGPT have held tense negotiations over striking a licensing deal for the use of the paper's articles to train the chatbot. Now, legal action is being considered.
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The New York Times may sue OpenAI.According to NPR, the two companies have been in talks over a potential licensing agreement, “but the discussions have become so contentious that the paper is now considering legal action.” The NYT recently updated its terms of service to prohibit using its content to train AI models. OpenAI is already mired in other lawsuits.
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New York Times Reportedly Considering Lawsuit That Could Throw OpenAI Into ChaosNews outlets accused OpenAI of using their articles to create data for its chatbot, with The New York Times considering filing a lawsuit against the company.
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