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Axel Springer to close Upday in shift towards AI-based news

IndiaTimes Friday, 8 December 2023
Axel Springer is shutting down the news outlet Upday, the German publishing giant said on Friday, in plans to revive the brand as a "trend news generator" driven by artificial intelligence. Upday will close by the end of the year in its current form, with the new service scheduled to launch in the summer of 2024. A spokesperson said jobs at Upday are being eliminated during the transformation process, adding that the company would examine whether staff can continue to work elsewhere in the group.
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