Business
Perplexity CEO Aravind Srinivas
(Photo: Yoshio Tsunoda / Shutterstock)
COME ON AND TAKE A FREERIDE

Perplexity sued by Dow Jones & New York Post

Publishers say the AI startup’s “Skip the Links” promise uses their copyrighted work.

Jon Keegan

Last week, The New York Times sent a cease and desist notice to AI startup Perplexity, telling the company to stop including the newspaper’s content in its AI powered search bot results.

Now the parent companies of The Wall Street Journal and the New York Post are coming for Perplexity.

Today, News Corp units Dow Jones & Company and NYP Holdings, Inc. together sued Perplexity for violating their copyright. The complaint filed in US District Court’s Southern District of New York accused the company of “massive freeriding” on the publications’ protected content. The suit said that Perplexity is scraping and storing WSJ and New York Post content and reproducing it verbatim.

“Perplexity accesses and copies, without authorization or remuneration, vast numbers of webpages containing copyrighted material, including from Plaintiffs’ webpages and third-party webpages containing Plaintiffs’ licensed copyrighted works,” wrote the plaintiffs.

Perplexity’s AI-powered chat bot responds to user queries with answers accompanied by citations linking back to the source information, and has been accused of ignoring websites’ robots.txt files, which tell automated crawlers if they are allowed to index and scrape that site’s content. As the lawsuit complaint notes, Perplexity allows users to “Skip the Links” when performing web searches.

The complaint notes, “This suit is brought by news publishers who seek redress for Perplexity’s brazen scheme to compete for readers while simultaneously freeriding on the valuable content the publishers produce.”

Meanwhile, the company is fundraising at a blistering pace, and is working to raise $500 million as it positions itself as a replacement for the search engine.

More Business

See all Business
Tesla To Convert Fremont Car Factory Into It's Optimus Robot Factory

The economics of Tesla the company are still all about cars. The economics of Tesla the stock are not.

The company is ditching some of its EV models as it doubles down on robots, AI, energy, and self-driving.

business

Paramount+ wants to look a lot more like TikTok, leaked documents reveal

Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.

According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

The Memorial Tournament presented by Workday - Previews

Starbucks’ CEO, Brian Niccol, made $30.9 million in 2025

That includes $997,392 in expenses related to his use of the company’s private jet.

Barnes & Noble Store

Bolstered bookseller Barnes & Noble is planning a major expansion and potential IPO

One of the hottest IPOs of the year could be a century-old bookstore that Amazon almost killed.

Nathan's Famous restaurant on Coney Island

Iconic hot dog brand Nathan’s Famous just sold for $450 million

Packaged meat company Smithfield Foods has agreed to acquire the historic Coney Island staple — best known for its annual hot dog eating contest — in an all-cash deal.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.