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Ozy Media Ends Trade Secrets Suit After Ex-CEO's Conviction

By Ivan Moreno (July 24, 2024, 2:23 PM EDT) -- News startup Ozy Media has dropped its trade secrets theft suit against Buzzfeed, its former editor-in-chief Ben Smith and the media company he co-founded, Semafor Inc., about a week after Ozy and its former CEO were convicted of lying to banks and investors to secure tens of millions of dollars to fund the multimedia business....

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