Articles from www.wsj.com

Articles from www.wsj.com

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

The EU says Shein's practices breach rules against false discounts, deceptive product labels, and more, and warn that it could face fines if it doesn't comply (www.wsj.com)
2025-5-27

CB Insights: VC investment in voice AI startups rose from $315M in 2022 to $2.1B in 2024, driven by growing business adoption of voice AI agents in call centers (www.wsj.com)
2025-5-27 Startup AI

A profile of Zach Witkoff, World Liberty Financial co-founder and son of Trump's Middle East envoy, who is pursuing crypto deals with countries like Pakistan (www.wsj.com)
2025-5-26 Trump

A look at the rise of “sovereign AI”, wherein countries invest directly in chip companies like Nvidia and AMD, making AI chips a highly politicized business (www.wsj.com)
2025-5-24 AI Nvidia AMD

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

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