Press Digest: New York Times business news - August 20

Tegna

20/08/2025 05:25

Aug 20 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- The Knight Foundation and other top organizations are aiming to provide $50 million to stabilise public radio and TV stations most at risk from federal government funding cuts.

- Meta META.O internally announced a new restructuring of its artificial intelligence division amid internal tensions over the technology.

- OpenAI is in talks to sell $6 billion in shares owned by its current and former employees to investors, in a deal that would value the company at roughly $500 billion.

- TV colossus Nexstar NXST.O said it has struck an agreement to acquire a rival TV company, Tegna TGNA.N, for $6.2 billion.

 (Compiled by Bengaluru newsroom)

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