News Corp’s Dow Jones & Co., publisher of the Wall Street Journal, and the New York Post have sued Perplexity, a startup that calls itself an “AI-powered Swiss Army Knife for information discovery and curiosity,

The New York Post and Dow Jones sued Perplexity AI on Monday, claiming it has illegally ripped off a "massive amount" of their reporting

Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a "massive amount of illegal copying" of their copyrighted work.

From the technical point of view, SP500 faced strong resistance in the 5870 – 5880 range and is trying to gain additional downside momentum. In case SP500 settles below the 50 MA at 5836, it will head towards the nearest support level, which is located in the 5800 – 5810 range.

The Dow Jones Industrial Average and S&P 500 closed lower on Monday, retreating from Friday’s record high closes and six straight weekly gains as Treasury yields rose and investors wary of high valuations awaited earnings from major companies.