Historic lawsuit sparks flurry of option activity in this stock
CNBC
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The New York Times lawsuit against Microsoft and OpenAI challenges the fair-use defense as executives' statements reveal alleged copyright infringements and threats to journalism. This legal battle could lead to a major settlement or a significant court victory for the Times, impacting AI training practices and media economics. Despite the stakes, NYT stock remains flat while options trading activity surges.
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- AI Firms Knew Chatbots Were an ‘Existential Threat’ to Journalists, Court Docs Show· CNET
- Microsoft executive called OpenAI's web scraping the 'largest theft of labor in human history'· Engadget
- OpenAI AI training called 'astonishing theft' in unsealed documents· Anadolu Agency English
