Articles from www.wsj.com

Articles from www.wsj.com

A profile of Panos Panay, head of devices and services at Amazon, who has scaled back new releases to focus on perfecting products like Alexa+ before rollout (www.wsj.com)
22 days ago Amazon

CapVest-owned Datasite, which offers workflow automation tech for dealmaking, acquires Grata, which helps users with all aspects of the deal process, for $200M+ (www.wsj.com)
22 days ago

Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC (www.wsj.com)
22 days ago

Sources: Trump plans to extend TikTok's June 19 sale deadline; ByteDance told the White House China wouldn't approve a deal until there are trade negotiations (www.wsj.com)
23 days ago Trump China

Shield Technology Partners, an AI-enabled managed IT service platform, acquires four IT companies and launches with $100M from Thrive Holdings and ZBS Partners (www.wsj.com)
23 days ago AI

Shield Technology Partners, which provides an AI-enabled managed IT service platform, launches with over $100M from Thrive Holdings and ZBS Partners (www.wsj.com)
23 days ago AI

Broadcom reports Q2 revenue up 20% YoY to $15B, vs. $14.96B est., net income up 134% YoY to $4.97B, and sales from the AI industry up 46% YoY to $4.4B+ (www.wsj.com)
24 days ago AI

Reddit sues Anthropic, alleging it accessed Reddit 100K+ times after saying it had stopped; Reddit has reached user data licensing deals with OpenAI and Google (www.wsj.com)
24 days ago Google Reddit

Filing: CrowdStrike says the DOJ and SEC have requested information about the July 2024 outage caused by an update and about its revenue recognition practices (www.wsj.com)
25 days ago

Sources: Meta has talked with Disney, A24, and other entertainment companies about exclusive content for a premium VR device it plans to launch next year (www.wsj.com)
25 days ago VR

Reddit sues Anthropic, alleging it accessed Reddit 100K+ times after saying it had stopped; Reddit has reached formal licensing deals with OpenAI and Google (www.wsj.com)
25 days ago Google Reddit

How Morgan Stanley is using its DevGen.AI tool, built in-house on OpenAI's GPT models, to translate legacy code into modern coding languages (www.wsj.com)
25 days ago AI Morgan Stanley

Thoma Bravo raised $34.4B across three funds, including $24.3B for its main software company buyout fund and $8.1B for its midsize software-focused fund (www.wsj.com)
26 days ago

Netic, which sells an AI platform that helps home services firms automate client outreach and handle calls, raised $20M from Greylock, Founders Fund, and others (www.wsj.com)
26 days ago AI

Snowflake agrees to acquire Crunchy Data, a cloud-based database service that helps businesses and government agencies use PostgreSQL, a source says for ~$250M (www.wsj.com)
27 days ago Database

Apple says it is appealing the EU's iOS interoperability order under the DMA that creates “a process that is unreasonable, costly, and stifles innovation” (www.wsj.com)
27 days ago IOS Apple

Sources: Meta aims to help brands fully create and target ads using AI by the end of 2026, including images and budgetary goals, building on its current tools (www.wsj.com)
27 days ago AI

US v. Google: during closing arguments, a judge queried both sides on ideas to limit Google's monopoly in search and said he expects to issue a ruling in August (www.wsj.com)
29 days ago Google

Meta and Palmer Luckey's Anduril Industries partner to build EagleEye, a new AI-powered weapons system, including rugged helmets, glasses, and other wearables (www.wsj.com)
2025-5-30 AI

Dutch information services company Wolters Kluwer agrees to acquire legal software maker Brightflag for ~$480M in cash, set to close in June 2025 (www.wsj.com)
2025-5-29 Netherlands

At Foxconn's shareholder conference, Chair Young Liu says 2025 revenue is set to reach ~$234B due to AI, and reassures shareholders amid US tariff uncertainty (www.wsj.com)
2025-5-29 AI

Making a short AI film with tools from Google, Runway, ElevenLabs, and Midjourney shows the tech has improved but it takes tedious work to get scene consistency (www.wsj.com)
2025-5-29 Google AI

Source: Delaware's AG is hiring an investment bank to independently value the equity that OpenAI's nonprofit parent will hold in the new for-profit entity (www.wsj.com)
2025-5-29 Equity

Sources: Elon Musk tried to derail OpenAI's Abu Dhabi deal, telling G42 officials that there was no chance of Trump signing off on it unless xAI was included (www.wsj.com)
2025-5-29 Trump Elon Musk

Memo: Match Group CEO Spencer Rascoff, set to become Tinder CEO in July, lays out a new vision for the app, including speeding up product changes and using AI (www.wsj.com)
2025-5-28 AI

Inside a “laptop farm” run by a 50-year-old US woman that let DPRK IT workers pose as US tech staff and illegally earn $17.1M from more than 300 US companies (www.wsj.com)
2025-5-28

More US states are rolling out subsidies for satellite connectivity in rural areas, including some that have funded programs that exclusively subsidize Starlink (www.wsj.com)
2025-5-28

Documents: self-driving truck startup TuSimple transferred critical autonomous driving tech and data to Chinese partners despite a 2022 agreement with CFIUS (www.wsj.com)
2025-5-27 China Startup

The European Commission says it is investigating Pornhub, Stripchat, XNXX, and XVideos for potential child safety DSA violations “as a matter of priority” (www.wsj.com)
2025-5-27 Europe

California's population is growing again, rising 0.6% in 2024, with the H-1B visa program being one of the drivers, helping offset the residents who are leaving (www.wsj.com)
2025-5-27 H1B California

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