Dow Jones Files $5M Suit Over WSJ Headline Theft

Law360, Los Angeles (January 9, 2014, 7:14 PM EST) -- The owner of The Wall Street Journal on Thursday launched a $5 million lawsuit against a real-time audio news service known as a “squawker,” alleging the company is stealing its content mere seconds after it’s published and selling it on the cheap.

RANsquawk, the United Kingdom-based company that sells packages of breaking news it then broadcasts to traders, is cutting in on Dow Jones & Co.’s business, which relies somewhat on the exclusivity of the news content it has invested labor and other expenses into reporting,...
To view the full article, register now.