Ozy Media, the defunct news site , has sued media upstart Semafor, claiming founder Ben Smith used stolen 'trade secrets' to launch the venture.The lawsuit filed on Thursday in Brooklyn federal court claims that Semafor is 'a spitting image of the media company that Carlos Watson had formed a decade earlier: OZY.'Smith launched Semafor in October 2022 after stints as editor-in-chief at and a media columnist for the , where he reported on Ozy executives' attempts to deceive investors in September 2021.
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