WSJ owner sues AI company Perplexity
Dow Jones & Co., the parent of The Wall Street Journal, has hit Perplexity AI Inc. with a lawsuit accusing it of copying “massive amounts” of the News Corp. units’ content without permission. Here is a statement from News Corp. CEO Robert Thomson: Perplexity perpetuates an abuse of intellectual property that harms journalists, writers, publishers […]
WSJ publisher Latour: An intellectual perspective with formality
Rick Edmonds of The Poynter Institute profiled Wall Street Journal publisher Almar Latour, who is also the CEO of Dow Jones & Co. Edmonds writes, “Latour does not deliver journalism with a British accent, but he has benefited from having one foot in U.S. culture and another in Europe. A number, but not all, of his postings […]
NLRB rejects Dow Jones review request
The National Labor Relations Board announced Tuesday it has rejected a petition by Dow Jones & Co. to review the NLRB decision that made photo editors and lead photo editors at The Wall Street Journal eligible for IAPE representation. This final determination by the board follows a Sept. 8, 2023, unanimous vote by photo editors […]
Murray to lead Dow Jones leadership program
Former Fortune CEO Alan Murray has been hired to lead a new venture called the Dow Jones Leadership Institute, which will provide C-suite executives with services, reports Sara Fischer of Axios. Fischer reports that it will “help navigate today’s ever-changing business climate, including executive education and coaching, real-time data and analysis, and peer-to-peer information. “The […]
Dow Jones Newswires seeks a real-time reporter in New York
Dow Jones Newswires, the real-time professional news service of The Wall Street Journal, seeks a dynamic, fast and analytical reporter who can cover corporate breaking news and can quickly pivot to providing our professional readership of more than 90 million institutional and retail investors with the insights they need. This is an opportunity to write […]
More than 50% of Dow Jones profit came from B2B
News Corp. CEO Robert Thomson made the following comments during its earnings conference call: In fact, fiscal ’24 was a pivotal moment in the history of the company. As it was the first year in which more than 50% of Dow Jones profitability was driven by the surging B2B segment. Indeed, it is difficult to […]
Dow Jones reports revenue, profit increase in fourth quarter
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron’s and Investor’s Business Daily, reported a 4 percent increase in revenue and a 3 percent increase in its profit in the fourth quarter, boosted by subscription and circulation growth. The company’s financial performance is included in the financial results of News Corp., […]
Barron’s hits 900,000 subscribers
Financial newspaper Barron’s announced Monday that it has recently surpassed 900,000 subscriptions. “Surpassing 900,000 subscriptions is a testament to the unwavering commitment of our team to provide unparalleled financial insights and analysis,” said David Cho, Barron’s editor-in-chief and head of content strategy for Dow Jones Wealth & Investing, in a statement. “Our readers trust us to […]
Dow Jones acquires AI company for fuel prices
Dow Jones said Tuesday it has acquired the artificial intelligence-powered fuel pricing solutions provider A2i Systems, without disclosing financial details about the deal, reports Michal Susin of The Wall Street Journal. Susin reports, “The New York-based media company said the acquisition of the Denmark-based company will contribute to its growing suite of AI capabilities and will operate […]
Dow Jones union members approve new contract
Members of the IAPE 1096 union that represents business journalists at Dow Jones publications The Wall Street Journal, MarketWatch.com and Barron’s have overwhelmingly voted to approve a new four-year contract. A record-high 81% of members voted 97% in favor of a new deal adding, on average, 16.43% to member wages by the end of the […]
