Axel Springer

OpenAI inks deal with Axel Springer on licensing news for model training

Many, if not most, generative AI tech vendors argue that fair use entitles them to train AI models on copyrighted material scraped from the internet — even if they don’t get permission fro

Google’s Privacy Sandbox targeted by fresh EU antitrust complaint

German publishers are the latest to band together to try to derail or at least delay Google’s “Privacy Sandbox” plan to end support for tracking cookies in Chrome via a complaint to

Inkitt books $59M investment, wants to turn its data-driven, self-publishing platform into a multimedia powerhouse

Book sales during the pandemic went up, and it seems the amount we are reading did, too. Now Inkitt, the startup that operates a free, popular platform of the same name for anyone to write and publish

Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem

Forget what you've heard: There are *many* shortcuts to success.

Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience

Nested, the London-based startup that is using technology to build a “modern” estate agency and improve the home-selling experience, has raised an additional £5 million. Backing comes fro

Porsche and Axel Springer increase investment into early-stage fund APX to €55M

Berlin-based early-stage fund APX today announced that its two investors, European publisher Axel Springer and sports car maker Porsche, have increased their investment in the fund to a total of €55

Elon Musk says SpaceX will attempt uncrewed Mars flight in two years, human landing in four to six

SpaceX founder and CEO Elon Musk was given an award from media giant Axel Springer on Tuesday, and he sat down to provide a wide-ranging interview that covered topics including space, Tesla, AI and ev

‘The money is still there,’ says APX managing director Jörg Rheinboldt

APX is an early-stage accelerator in Berlin, but it’s not quite your average accelerator — it’s essentially a joint venture between giant European publishing house Axel Springer and Pors

Remagine secures $35M fund backed by media giants to focus on entertainment and media tech

Remagine Ventures is a relatively new European VC fund that focuses on investments in entertainment tech, including AI, gaming, sports and esports, AR/VR, consumer and commerce. It has now completed $

Airbnb-backed OYO moves into Europe, buys Leisure Group from Axel Springer for $415M

OYO, the fast-growing budget hotel startup out of India that’s backed by Airbnb, SoftBank, Grab and Didi, has made an acquisition to expand its footprint into Europe, specifically around self-ca

European parliament votes for controversial copyright reform (yes, again)

The European Parliament has voted to pass a controversial reform of online copyright rules that critics contend will result in big tech platforms pre-filtering user generated content uploads. The resu

Old media giants turn to VC for their next act

The Web 1.0 and Web 2.0 eras weren’t kind to the world’s largest media conglomerates, throwing their business models into question, creating whole new categories of content consumption, and bringi

German Supreme Court dismisses Axel Springer lawsuit, says ad blocking is legal

Germany’s Supreme Court dismissed a lawsuit yesterday from Axel Springer against Eyeo, the company behind AdBlock Plus. The European publishing giant (which acquired Business Insider in 2015) ar

Axel Springer is investing in Magic Leap for some reason

Magic Leap is the gift that keeps on giving. The company has been working for years on augmented reality technologies and raised a gigantic pile of cash on the way. German media company Axel Springer

Media company Axel Springer takes a stake in Uber

Uber has a new shareholder very different from its usual institutional backers: Axel Springer, the German media company that owns Business Insider, and Germany’s largest newspaper Bild, among ot

The rise of a new era in the monetization of digital content

Digital content is one of the most consumed “goods” in the online marketplace. However, buyers and sellers still can’t seem to agree on a fair price for these goods.

Beware the pitfalls of Silicon Valley

A recent article in Frankfurter Allgemeine Zeitung titled “Will Facebook Enslave Us?” captures a sentiment prevalent among companies around the world: admiration for Silicon Valley -- albeit, with

Video News Startup NowThis Raises $16.2M Led By Axel Springer

NowThis just announced that it has raised $16.2 million in Series D funding. The round was led by German media company Axel Springer — which, in addition to previously investing in the startup's

Axel Springer Goes After iOS 9 Ad Blockers In New Legal Battle

German media giant Axel Springer, which operates top European newspapers like Bild and Die Welt, and who recently bought a controlling stake in Business Insider for $343 million, has a history of fi

Axel Springer Spends $343M To Buy Business Insider

German media giant Axel Springer has announced it's acquiring online business news publication Business Insider, spending some $343 million to acquire 88 per cent of BI's shares. Axel Springer already
Load More