Articles from www.wsj.com

Articles from www.wsj.com

Elon Musk, as Trump's efficiency czar, is singling out ordinary federal staffers, including some with climate-related jobs, on X and unleashing his fans on them (www.wsj.com)
1 hour ago Trump Elon Musk Climate

Ad software company Mediaocean acquires Innovid, an ad tech company focused on CTV, for $500M; Innovid had a market cap of ~$240M at market close on November 20 (www.wsj.com)
1 day ago

Sources: xAI has told investors it raised $5B in a funding round valuing it at $50B and that its revenue has reached $100M on an annualized basis (www.wsj.com)
2 days ago

Sources: US officials are racing to deliver billions in CHIPS Act funding to Intel and others before Biden leaves office; nearly $30B is tied up in negotiations (www.wsj.com)
3 days ago Intel

PitchBook: in 2023, US VCs returned $26B worth of shares back to investors, the lowest amount since 2011, and invested $60B more than they collected, a record (www.wsj.com)
4 days ago

Roblox rolls out parental controls and gatekeeping features, like letting parents link accounts with a child and banning text chat for under 13s outside games (www.wsj.com)
4 days ago

Edison: 31% of US weekly podcast listeners say YouTube is their most used platform to listen to podcasts, surpassing Spotify at 27% and Apple Podcasts at 15% (www.wsj.com)
4 days ago Apple YouTube Spotify

Sources detail efforts by Google and Meta to sink KOSA, which passed in the Senate almost unanimously, by dividing US House lawmakers with culture war issues (www.wsj.com)
4 days ago Google Senate

Ukraine's drone suppliers are using US-based Auterion's tech to ramp up production of automated attack drones that are cheap and can evade electronic jamming (www.wsj.com)
6 days ago Drone Ukraine

Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever (www.wsj.com)
6 days ago

Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised (www.wsj.com)
6 days ago China Mobile

X names Mahmoud Reza Banki as CFO; Banki, who Trump pardoned for making false statements in January 2021, was Tubi CFO and, a source says, joined X in November (www.wsj.com)
8 days ago Trump

Nvidia says Jetson Thor, a computer first unveiled in March 2024 and designed for testing humanoid robot software, will be available in the first half of 2025 (www.wsj.com)
8 days ago Robot Nvidia

Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January, to let Premium subscribers view podcast videos without ads (www.wsj.com)
9 days ago Spotify

PitchBook: tech as a percentage of total private equity deal value was 28.3% in Q3, up from 18.7% in Q2, as VC firms and tech startups turn to PE for liquidity (www.wsj.com)
9 days ago Private Equity Startup Venture Capital Equity

Charles Sporck, an early champion of globalization who moved some of Fairchild's chip assembly operations from the US to Hong Kong in the 1960s, died at 96 (www.wsj.com)
9 days ago Hong Kong Globalization

CBRE: tech companies leased 9.9M square feet of US office space in Q3, up from ~8M in Q2 and the highest since Q4 2021, as demand grows from new AI companies (www.wsj.com)
9 days ago AI 4Q

Sources: Marc Lore's food delivery startup Wonder is in advanced talks to buy Grubhub from Just Eat Takeaway; Just Eat bought Grubhub in 2021 in a $7B+ deal (www.wsj.com)
10 days ago Startup

Sources: Meta plans to show Facebook and Instagram users in Europe an option to get “less personalized ads” in the coming days, a concession to EU regulators (www.wsj.com)
10 days ago Europe Facebook Instagram

A profile of Chen Yixin, a Xi Jinping protégé who heads the Chinese intelligence agency accused of likely steering the Salt Typhoon cyberattacks on the US (www.wsj.com)
12 days ago China Intelligence

Chegg lost 500K+ subscribers since ChatGPT's launch, and its stock is down 99% from early 2021, as students looking for homework help turn to free AI tools (www.wsj.com)
13 days ago AI

Amazon is testing grocery formats that pull together fulfillment networks for Whole Foods and Amazon Fresh stores into a common delivery platform (www.wsj.com)
14 days ago Amazon

Sources: CFPB told staff not to use mobile voice calls or text messages due to risk from the China-linked telecom hack; many US officials curtailed phone use (www.wsj.com)
15 days ago China Mobile

How the Salt Typhoon hackers breached US telecommunication infrastructure to carry out targeted espionage against the US for at least eight months (www.wsj.com)
16 days ago

Sources: Perplexity is finalizing a $500M funding round led by IVP that would value it at $9B, triple its reported valuation from just a few months ago (www.wsj.com)
17 days ago

Sources: as US rules bite, US chip toolmakers tell suppliers that they need alternatives to Chinese products and that suppliers can't have Chinese investors (www.wsj.com)
18 days ago China

Experts say Tesla's imitation learning-based approach to building fully autonomous driving systems needs AI breakthroughs that may not be achieved for some time (www.wsj.com)
19 days ago AI Tesla

A profile of Microsoft CFO Amy Hood, a budget hawk who has been in the position for 11 years and is at the center of the company's AI spending spree (www.wsj.com)
20 days ago Microsoft AI Budget

A look at Denmark's sovereign AI supercomputer Gefion, which has 1,528 H100 GPUs and was built with $100M in funding from Novo Nordisk and a state-owned fund (www.wsj.com)
20 days ago AI

Polymarket user Fredi9999, a self-described Frenchman, says he bet $30M+ on Trump after analyzing polls; he can't exit his wagers without crashing the market (www.wsj.com)
20 days ago Trump

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