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The Latest Breaking News from Wall Street Journal

"The New Due Process: Fairness in a Fee-Driven State"

An interesting and important new article by Profs. Glenn Harlan Reynolds (InstaPundit) and Penny White, both of the University of Tennessee College of Law (see also this Wall Street Journal piece, excerpted without a paywall here): Many municipalities have chosen to use the criminal justice system as a revenue-extracting tool.…

Microsoft's Activision Acquisition Triggers Regulatory Subpoenas Over Workplace Harassment

Microsoft's Activision Acquisition Triggers Regulatory Subpoenas Over Workplace Harassment

The Wall Street Journal reports that federal and state regulators have broadened their investigations into Activision Blizzard Inc's (NASDAQ:ATVI) leadership role in handling workplace misconduct claims. State watchdog, The California Department of Fair Employment and Housing subpoenaed Activision's directors over its workplace issues. It also has subpoenaed police departments in the Los Angeles area…

Here's Why Activist Investor Daniel Loeb Sees ~$1 Trillion Untapped Value In Amazon

Here's Why Activist Investor Daniel Loeb Sees ~$1 Trillion Untapped Value In Amazon

The Wall Street Journal reports that activist investor Daniel Loeb sees about $1 trillion in untapped value at Amazon.com Inc (NASDAQ:AMZN). Loeb's Third Point LLC counts the e-commerce major as one of its most significant holdings. Third Point, as of the end of 2021, had an Amazon stake valued at $784 million. The fund…

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Here's Why Magnite, Digital Turbine, Trade Desk Shares Are Trading Lower Today

Shares of adtech companies fell on Wednesday morning on a report that Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google will stop cross-app tracking on Android phones, following a similar move by Apple Inc (NASDAQ:AAPL). "We don't think there should be a forced choice between privacy and developers building their business," Anthony Chavez, VP of product management for Android…

From 'Facebook' To 'Meta,' 'Facebookers' To 'Metamates' - Mark Zuckerberg Talks About The Future

Meta Platforms Inc (NASDAQ:FB) founder Mark Zuckerberg offered his vision for a corporate culture that will “build awesome things,” “live in the future,” and be run by employees whom he called ‘metamates.’ Zuckerberg said that Meta would build off the core values written in 2007 but adapt them for the future. “Meta, Metamates,…

Why Is Facebook Parent Meta's Stock Trading Lower Today?

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google looks to adopt new privacy restrictions to curtail tracking across apps on Android smartphones. Google’s plans for Android could drive an end to more than a decade of advertising practices across smartphones, the Wall Street Journal reports. The move would affect companies, including Meta Platforms…

Did Umbilical Cord Blood Transplant Help Cure A Woman's HIV infection?

A woman in the New York City area appears to have been cured of an HIV infection, Wall Street Journal reported, provid

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Discover Financial Services Targets Launch Of Cardless Payments In US

Discover Financial Services Targets Launch Of Cardless Payments In US

The Wall Street Journal reports that Discover Financial Services (NYSE: DFS) looks to launch cardless payments for U.S. merchants. DFS collaborated with fintech firm Buy It Mobility Networks Inc, whose technology allows consumers to pay directly from their checking accounts using merchants’ apps. BIM is betting that discounts will help sway shoppers. Merchants pay lower…

Here's What Happening Between Comcast's NBCUniversal And Hulu

Here's What Happening Between Comcast's NBCUniversal And Hulu

Comcast Corp's (NASDAQ:CMCSA) NBCUniversal is nearing a plan that could drastically change its partnership with The Walt Disney Co's (NYSE:DIS) Hulu, the Wall Street Journal reports. NBCUniversal could end up shifting high-profile programming to its Peacock streaming platform under the plan. Comcast, which owns a third of Hulu, launched Peacock less than two years ago,…

Peloton Interactive CEO John Foley to Step Down: Report

Peloton Interactive CEO John Foley to Step Down: Report

Peloton Interactive Inc's (NASDAQ:PTON) co-founder John Foley is stepping down as CEO and will become executive chair, The Wall Street Journal reported. Barry McCarthy, the former chief financial officer of Spotify Technology SA (NYSE:SPOT) and Netflix Inc (NASDAQ:NFLX), will become CEO and president and join Peloton's board. Peloton also plans to cut 2,800 jobs to cope…

US Officials: Iran’s Nuclear Program Advanced Too Far to Re-create 'Breakout Period'

US Officials: Iran’s Nuclear Program Advanced Too Far to Re-create 'Breakout Period'

Iran's nuclear program had advanced too far to re-create the roughly 12-month so-called "breakout period" of the 2015 pact, US officials warned. US officials said Iran is capable of amassing enough nuclear fuel for a bomb in significantly less than a year, a shorter time frame than the one that…

Asharq Al-Awsat

News Corp says it was hacked; believed to be linked to China

News Corp says it was hacked; believed to be linked to China

The Wall Street Journal's publisher, News Corp, says it has been hacked and had data stolen from journalists and other employees

The Independent UK

My Review of Judge Sutton's New Book in the Wall Street Journal

‘Who Decides?’ Review: The Supreme Court, the States and the Contest for Control

Rahul writes on free speech concerns to Twitter CEO

Rahul writes on free speech concerns to Twitter CEO

The Wall Street Journal reveals Rahul Gandhi’s concerns in a news report

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Meta Launches Next-Gen AI Supercomputer: All You Need To Know

Meta Platforms Inc (NASDAQ:FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022. Several hundred people, including researchers from partners NVIDIA Corp (NASDAQ:NVDA), Penguin Computing Inc, and Pure Storage Inc (NYSE:PSTG), were involved in the two-year project, the Wall Street…

Chinese Investment in U.S. Plane Maker Draws FBI, National-Security Reviews

The FBI and a U.S. investment-screening panel are investigating a Chinese investment in an aircraft startup following allegations of improper technology transfer to China, according to people familiar with the matter and documents reviewed by The Wall Street Journal.

Newspaper says biggest fashion trend for men in 2022 will be dressing like a child

The biggest trend in men’s fashion this year will be dressing like a child, The Wall Street Journal has declared.

Activision Blizzard Removes 37 Employees, Takes Action Against 44 Others For Sexual Misconduct: Report

Activision Blizzard Inc (NASDAQ: ATVI) confirmed the exit of 37 employees and disciplinary action against 44 others since July in a bid to address allegations of sexual harassment and other misconduct, the Wall Street Journal reports.

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