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Stock impact report

French publishers and authors sue Meta over copyright works used in AI training [Yahoo! Finance Canada]

Thomson Reuters Corp - Common Shares (TRI) 
Last thomson reuters corp - common shares earnings: 2/25 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.thomsonreuters.com
Three trade groups said they were launching legal action against Meta in a Paris court over what they said was the company's “massive use of copyrighted works without authorization” to train its generative AI model. The National Publishing Union, which represents book publishers, has noted that "numerous works" from its members are turning up in Meta's data pool, the group's president, Vincent Montagne, said in a joint statement. Meta didn't respond to a request for comment. The company has rolled out generative-AI powered chatbot assistants to users of its Facebook, Instagram and WhatsApp platforms. Montagne accused Meta of “noncompliance with copyright and parasitism.” Another group, the National Union of Authors and Composers, which represents 700 writers, playwrights and composers, said the lawsuit was necessary to protect members from “AI which plunders their works and cultural heritage to train itself." The union is also worried about AI that “produces 'fake books' wh Show less Read more
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