Articles from www.wsj.com

Articles from www.wsj.com

Trump hosted a gala dinner for top buyers of $TRUMP, including Justin Sun, and said he was fulfilling his promise to make the US the world's “crypto capital” (www.wsj.com)
2025-5-24 Trump

Sources: Tim Cook called Texas Gov. Greg Abbott last week urging a veto or changes to a bill requiring Apple to verify users' ages on its devices (www.wsj.com)
2025-5-24 Apple Tim Cook Texas

Trump hosted a gala dinner for the top buyers of his memecoin, including Justin Sun, and reaffirmed his commitment to making the US the world's “crypto capital” (www.wsj.com)
2025-5-23 Trump

Sources: companies co-owned by JPMorgan Chase, BOA, Citigroup, Wells Fargo, and other large commercial banks are exploring whether to issue a joint stablecoin (www.wsj.com)
2025-5-23 JPMorgan

Kraken plans to offer tokenized versions of 50+ stocks and ETFs, including Apple and Tesla stocks, to customers in Europe, Latin America, Africa, and Asia (www.wsj.com)
2025-5-23 Europe U.S. ETF Asia Apple Tesla Africa Latin America

OpenAI partners with G42 and others to build a 1-gigawatt AI data center in Abu Dhabi called Stargate UAE, its first large-scale project outside the US (www.wsj.com)
2025-5-23 AI

Running app Strava raised new funding at a $2.2B valuation including debt, up from $1.5B after raising $110M in November 2020, and nears $500M in ARR (www.wsj.com)
2025-5-22

China is catching up with the US in AI, robotics, and other sectors, driven by an R&D spending rise, hitting $500B in 2024, up 3x since Xi took office in 2012 (www.wsj.com)
2025-5-22 China AI Robot

An overview of major streamers' revenues, subscriber churn, cancellation rates, shares of US TV viewing time, and shares of US sports TV rights deals since 2023 (www.wsj.com)
2025-5-22

Leaked recording: Sam Altman told staff that OpenAI aims to ship 100M AI “companion” devices, with the goal of releasing a device by late next year (www.wsj.com)
2025-5-22 AI

Sources: Sam Altman and LoveFrom have been working for two years on a new device to move consumers beyond screens, including headphones and devices with cameras (www.wsj.com)
2025-5-22

AI startup Crusoe secures $11.6B in debt and equity to expand a Texas data center it is building for OpenAI, set to open in 2026 and host up to 400K Nvidia GPUs (www.wsj.com)
2025-5-21 Startup AI Nvidia Equity Texas

Google Meet's AI translator hands-on: emulates voice and tone, translating with a few seconds of lag, similar to watching an overdubbed foreign-language speaker (www.wsj.com)
2025-5-21 Google AI

Sources: US chipmaker Wolfspeed is preparing to file for Chapter 11 bankruptcy within weeks after passing on debt-holder proposals to restructure its debt (www.wsj.com)
2025-5-21

The EU and the UK agree on a deal to let both regions' competition regulators work together more closely and flag important M&A investigations to each other (www.wsj.com)
2025-5-20

SignalFire: in 2024, Big Tech employment declined 1.6% in Austin, and startup employment fell 4.9%; Dallas, Houston, Denver, and Toronto also declined (www.wsj.com)
2025-5-20 Startup Toronto

Sources: Sam Altman had sought to delegate more responsibility for months before hiring Fidji Simo, an adept and detail-oriented manager, in contrast to Altman (www.wsj.com)
2025-5-20

Analysis: only four of the top 50 tech companies are European, and none of the top 10 quantum companies are in Europe, as the continent lags the US and China (www.wsj.com)
2025-5-20 China Europe Quantum

New lawsuit filings: Genesis creditors accuse Barry Silbert of fraud and propelling the 2022 crypto market collapse by misrepresenting his companies' finances (www.wsj.com)
2025-5-20

Regeneron Pharmaceuticals says it will acquire all of 23andMe's assets, including its Personal Genome Service, for $256M in a bankruptcy auction, closing in Q3 (www.wsj.com)
2025-5-19 Asset

Experts blame Big Tech lawyers' culture of lawlessness for Amazon, Apple, and Google being accused of abusing legal privilege in antitrust and other court cases (www.wsj.com)
2025-5-19 Google Amazon Apple

Nvidia plans to build an AI supercomputer with Foxconn and Taiwan's government to support local researchers and enterprises; TSMC plans to use the system (www.wsj.com)
2025-5-19 Taiwan AI Nvidia

A look at Neuralink and other brain-computer interface startups, as the number of people with brain implants is set to double from ~100 in the next 12 months (www.wsj.com)
2025-5-19 Startup

Government officials and experts say there have been dozens of recorded crypto-related abductions globally over the past year; France saw five in recent months (www.wsj.com)
2025-5-18 France

NYC-based Optimal Dynamics, a provider of AI-powered fleet management software to trucking companies, raised a $40M Series C led by Koch Disruptive Technologies (www.wsj.com)
2025-5-18 AI

MIT says it no longer stands behind a widely circulated research paper by its student that claimed an AI tool boosted discoveries in a materials science lab (www.wsj.com)
2025-5-17 AI

Analysis: since January, 36+ associates of Musk, Thiel, Andreessen, and Palmer Luckey have been tapped for federal roles that are critical to their companies (www.wsj.com)
2025-5-16

Taiwanese silicon wafer maker GlobalWafers plans to invest $4B in its US manufacturing operations, more than doubling its earlier pledge to $7.5B (www.wsj.com)
2025-5-16 Taiwan Manufacturing

Sources: Facebook and Instagram face scam ad surge from Asia and Meta is reluctant to add hurdles for ad buyers; Meta says it's tackling an “epidemic of scams” (www.wsj.com)
2025-5-16 Facebook Asia Instagram

Sources: Meta has delayed the rollout of its Behemoth LLM, internally slated for an April release, to fall or later after struggling to improve its capabilities (www.wsj.com)
2025-5-16

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