Articles from www.wsj.com

Articles from www.wsj.com

Coinbase agrees to acquire Dubai-based Deribit, the world's biggest trading platform for bitcoin and ether options, for ~$2.9B, including $700M in cash (www.wsj.com)
2025-5-8 Bitcoin Dubai Coinbase

Memo: CrowdStrike CEO George Kurtz says the company will cut ~500 jobs, or 5% of its global workforce, and expects to incur $36M to $56M in charges (www.wsj.com)
2025-5-7

IBM CEO Arvind Krishna says the company used AI agents to replace the work of 200+ HR employees and, as a result, hired more programmers and salespeople (www.wsj.com)
2025-5-7 Programmer IBM AI

Jeff Bezos and Michael Dell's family offices have committed $1B in total to Coatue's new investment fund targeting high-growth public and private tech companies (www.wsj.com)
2025-5-7 Jeff Bezos

Super Micro reports Q3 revenue up 19% YoY to $4.6B, vs. $5.01B est., and lowers its FY 2025 sales forecast below est. due to economic uncertainty and tariffs (www.wsj.com)
2025-5-7

US v. Google: the DOJ says in a May 5 filing that Google should sell its AdX business and DFP ad platform; Google says divestiture isn't warranted or feasible (www.wsj.com)
2025-5-6 Google

Wearing three AI-powered devices, the $50 Bee Pioneer, $199 Limitless Pendant, and $159 Plaud NotePin, shows how the wearables can be useful but also creepy (www.wsj.com)
2025-5-4 AI

Ireland's DPC fines TikTok €530M for illegally sending user data to China, ordering a halt to EU data transfers in six months if protections aren't guaranteed (www.wsj.com)
2025-5-2 China Ireland

Sources: Beijing's decision to exempt eight types of US-made chips from tariffs came after auto industry lobbying, exposing China's dependence on US auto chips (www.wsj.com)
2025-5-2 China

Apple expects that a majority of iPhones sold in the US in the June quarter will come from India and a majority of its other devices will come from Vietnam (www.wsj.com)
2025-5-2 India Apple Vietnam

AI tools from Google, LinkedIn, Salesforce, and others are helping job seekers sell their skills, identify new roles, and tailor résumés to different fields (www.wsj.com)
2025-5-1 Google LinkedIn AI Salesforce

Sources: about a month ago, Tesla board members opened a search for a CEO to succeed Elon Musk; the current status of the succession planning is not clear (www.wsj.com)
2025-5-1 Tesla Elon Musk

Sources detail tensions between Sam Altman and Satya Nadella, whose partnership began after a summer 2018 meeting; Microsoft can block OpenAI's for-profit move (www.wsj.com)
2025-4-30 Microsoft

Sources detail a growing rift between Sam Altman and Satya Nadella, whose partnership began after a 2018 meeting; Microsoft can block OpenAI's for-profit move (www.wsj.com)
2025-4-29 Microsoft

China's Pony.ai says it can now build its most advanced autonomous driving system at 70% lower cost and plans to start mass production of robotaxis in mid-2025 (www.wsj.com)
2025-4-29 China AI

Sources: a group of Wall Street banks has sold the final $1.2B of X debt at 98 cents on the dollar, after lending $13B for Musk's takeover of Twitter in 2022 (www.wsj.com)
2025-4-29 Twitter Wall Street

While Big Tech is largely spared from tariffs, small companies making devices like baby monitors face price hikes, shortages, and degrading product quality (www.wsj.com)
2025-4-28

Sources: Huawei has approached some clients about testing the technical feasibility of the Ascend 910D, its newest AI chip that it hopes will beat Nvidia's H100 (www.wsj.com)
2025-4-28 AI Nvidia

Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 (www.wsj.com)
2025-4-28

Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100 (www.wsj.com)
2025-4-28 AI Nvidia

Test conversations with some Meta AI digital companions, including celebrity-voiced ones, show them engaging in sexual chats even when users identify as minors (www.wsj.com)
2025-4-27 AI

Prompt engineering roles, one of the buzziest jobs in 2023, become obsolete as AI models better intuit user intent and companies train staff in writing prompts (www.wsj.com)
2025-4-27 AI

Docs and sources detail the opaque market for shares of Elon Musk's private companies; Valor recently offered investors $1B worth of shares in SpaceX and xAI (www.wsj.com)
2025-4-26 Elon Musk SpaceX

IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020 (www.wsj.com)
2025-4-26 IBM AI

The EU Commission says it banned officials from meeting with lobbyists acting on Huawei's behalf, after the EU Parliament banned Huawei staff from its premises (www.wsj.com)
2025-4-26

How WBD rebuilt Max to focus on adult-oriented shows like The Pitt, dropping Netflix's “more is better” approach, and expects it to hit 150M subscribers in 2026 (www.wsj.com)
2025-4-24 Netflix

The EU Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders; Apple says it will appeal, and Meta says it likely would (www.wsj.com)
2025-4-23 Apple

How Nike and US manufacturer Flex's plan to automate sneaker production in Guadalajara ran into trouble, with factory robots struggling to handle soft materials (www.wsj.com)
2025-4-23 Robot

A look at New Mexico's efforts to become a quantum computing hub through partnerships between the state, its universities, and national labs and companies (www.wsj.com)
2025-4-23 Mexico Quantum

Sources: Circle, BitGo, and other firms plan to apply for bank charters or licenses, as the Trump administration pushes to bring crypto into mainstream finance (www.wsj.com)
2025-4-21 Trump

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