Articles from www.wsj.com

Articles from www.wsj.com

Private stock investment platform Linqto files for bankruptcy, citing SEC and DOJ probes and an internal probe that found users didn't own shares they bought (www.wsj.com)
1 day ago

How the US government launched a revamped online system in September 2024 to simplify passport renewal, which is already handling nearly 50% of all renewals (www.wsj.com)
2 days ago

The GSA says Oracle is giving the US government a 75% discount on its license-based software and a “substantial” discount on its cloud service through November (www.wsj.com)
3 days ago Oracle

Analysts estimate AI services within Microsoft Azure generated $11.5B in revenue in the just-ended fiscal year, up 100%+ YoY but only ~4% of Microsoft's revenue (www.wsj.com)
3 days ago Microsoft AI

How Clorox is using generative AI for ad creation, brainstorming new products, and analyzing consumer reviews, as part of a five-year, $580M digital overhaul (www.wsj.com)
3 days ago AI

Sources: TSMC delays construction of its second plant in Japan, originally planned for early 2025, to invest in US expansion ahead of potential Trump tariffs (www.wsj.com)
5 days ago Trump Japan

Tel Aviv-based Wonderful, which develops customer support AI agents for businesses in non-English speaking countries, raised a $34M seed led by Index Ventures (www.wsj.com)
5 days ago AI

Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested (www.wsj.com)
6 days ago

Ford CEO Jim Farley, Andy Jassy, and other CEOs are now predicting AI will significantly cut white collar jobs, a shift from a reluctance to acknowledge losses (www.wsj.com)
6 days ago AI Ford

Ripple has applied for a national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit (www.wsj.com)
7 days ago

Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle (www.wsj.com)
7 days ago Netflix Spotify

Alibaba plans $7B in delivery and shopping subsidies over the next 12 months, opens Singapore AI hub, and plans new data centers in Malaysia and the Philippines (www.wsj.com)
7 days ago Alibaba AI Singapore Malaysia Philippines

Chinese AI models from DeepSeek and others are becoming more popular worldwide; Sensor Tower: ChatGPT has 910M global downloads compared with DeepSeek's 125M (www.wsj.com)
7 days ago China AI Sensor

Apple says it will delay rolling out some iOS 26 features in the EU set for later in 2025, like “visited places”, citing difficulties of complying with the DMA (www.wsj.com)
8 days ago IOS Apple

Amazon says it has deployed over 1M robots in its warehouses, its most ever and close to its human workforce, with 75% of global deliveries aided by robotics (www.wsj.com)
8 days ago Amazon Robot

Apple will delay rolling out some iOS 26 features in the EU later this year, including “visited places”, citing the difficulty of complying with the DMA (www.wsj.com)
9 days ago IOS Apple

Tel Aviv-based Cato Networks, whose tools help protect remote workforces, raised a $359M Series G at a $4.8B+ valuation, taking its total funding to $1B+ (www.wsj.com)
9 days ago

A profile of OnlyFans' secretive founder Leo Radvinsky, as the platform's parent company is considering a sale for as much as $8B, according to sources (www.wsj.com)
9 days ago

Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies (www.wsj.com)
9 days ago Startup AI

A look at “The List”, a compilation of the most talented AI engineers and researchers that Mark Zuckerberg has put together in an effort to recruit them to Meta (www.wsj.com)
11 days ago AI Zuckerberg

Sources: CoreWeave is in talks to acquire bitcoin miner Core Scientific, which has a market value of ~$3.7B; Core Scientific rejected CoreWeave's bid in 2024 (www.wsj.com)
13 days ago Bitcoin

Sources: Apple execs discussed starting their own theatrical distribution unit; Warner Bros. is distributing the F1 movie and getting a share of the box office (www.wsj.com)
13 days ago Apple

Sources: Microsoft is pushing to remove the AGI clause from its OpenAI contract, which lets OpenAI limit Microsoft's access to its IP once its systems reach AGI (www.wsj.com)
13 days ago Microsoft

Sources: Meta has poached three OpenAI researchers, Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, for its superintelligence efforts (www.wsj.com)
13 days ago

OpenRouter, which directs AI prompts to various LLMs based on cost, speed, and other factors, raised $40M at a valuation of about $500M (www.wsj.com)
14 days ago AI

Abridge, which uses AI to automate doctors' note-taking, raised $300M led by a16z at a $5.3B valuation, after raising $250M at a $2.75B valuation in February (www.wsj.com)
15 days ago AI

DHL, UPS, FedEx, and Walmart are using robots to boost warehouse efficiency and cut costs, including automating the physically demanding task of loading trucks (www.wsj.com)
16 days ago Robot Walmart

Behind Mark Zuckerberg's sweeping recruitment effort for Meta's Superintelligence lab, including hundreds of reach outs, $100M+ offers and counter offers, more (www.wsj.com)
16 days ago Zuckerberg

Purism's $1,999 security-focused Liberty Phone, assembled in the US with decade-old specs and some US-made parts, exposes the gaps in US phone manufacturing (www.wsj.com)
17 days ago Manufacturing

Sources: a US official told Samsung, SK Hynix, and TSMC that the US may revoke waivers that let them ship US chipmaking equipment to their factories in China (www.wsj.com)
18 days ago China Samsung

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