Here's another interesting video:
According to a representative for The Arena Group's majority owner, Manoj Bhargava, the billionaire founder of 5-Hour Energy, the dismissals were part of Bhargava's restructuring plan and were unrelated to the company's recent AI scandal. During a recent town hall meeting, Bhargava addressed the changes in the call. Just over a week ago, Futurism revealed that Sports Illustrated and TheStreet, owned by The Arena Group, were publishing affiliate commerce articles with AI-generated text and fake author bylines and profiles without disclosing it. Following the news of the higher-up shakeup, The Arena Group stock rose by 11.9%, according to The Wrap.
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