Axel Springer

Editor’s Note: The headline for this article has been updated. According to a new report, German media company Axel Springer is considering an acquisition of The Wall Street Journal, expanding its already significant presence in the United States. The company currently owns Insider, Politico...

The Bill Ackman-Business Insider saga continues to play out, and on Sunday, the hedge fund manager issued a stark warning to the publication, owned by German multinational mass media company Axel Springer. What Happened: ”Business Insider is toast. You will hear from us in a few weeks,...

German publisher Axel Springer is to allow artificial intelligence developer OpenAI access to content from its titles to help train AI models. Under the landmark deal, the Microsoft Corp (NASDAQ:MSFT)-backed developer will pay tens of millions of euros to use news content from publications owned by...

Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella stressed the importance of empathy as a critical skill for leaders in both personal and professional spheres. What Happened: During a conversation with Axel Springer CEO Mathias Döpfner, Nadella underscored that empathy is not a “soft...

Five-year-old newsletter Morning Brew is in talks to sell itself to Business Insider, according to The Wall Street Journal. What Happened: A reported deal price of $75 million would acquire the finance-focused newsletter service co-founded by two University of Michigan undergrad students. Alex...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) was on the receiving end of the European Union's wrath, as the latter fined the search giant a whopping 2.42 billion euros on the pretext of violation of anti-trust rules. This of course has precedence, so how does this fine stack up against EU's...

AXEL SPRINGER VERLAG (OTC: AXELF) announced on Tuesday it has acquired an 88 percent stake in Business Insider. Axel Springer noted that the acquisition is the first major step into the English speaking journalism market. Wall Street analysts are mostly positive on the deal, but cautioned...

It’s no secret: The traditional newspaper revenue model of relying mostly on advertising dollars has been fading from the picture for at least the past decade. In 2013 alone, total newspaper media revenue decline 2.6 percent, according to the Newspaper Association of America, with revenue...