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The Latest Breaking News from WSJ

Betty White’s beloved California home demolished one year after her death

The land was sold for $10.6m (£8.5m) in June

The Independent UK

Facebook moderation system favours ‘business partners’, says oversight board

‘Cross-check’ system appears to protect users who generate high revenue from content moderation more than ordinary users

The Guardian - UK

‘Foot massage to a criminal’: Elon Musk leads attacks on WSJ for Sam Bankman Fried article

Bankman Fried’s FTX is now reportedly under investigation by authorities in the US and the Bahamas after up to $2bn in client funds vanished

The Independent UK

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Disney brings back Bob Iger as CEO in surprise move to boost growth

LOS ANGELES: Bob Iger is returning to Walt Disney Co as chief executive less than a year after he retired, a surprise comeback that coincides with the entertainment company's attempt to boost investor confidence and profits at its streaming media unit.

The Times of India

Murdoch dumps "biggest loser" Trump

"They have turned on him," said MSNBC host Joe Scarborough. "They want him gone"

Salon

Facebook Parent Meta Prepares For Large-scale Layoffs This Week

Facebook parent Meta is preparing for large-scale layoffs this week which is expected to affect many thousands of its workforce. Read on for Details:

Dynamite News

WSJ poll: Anxious Americans disillusioned by economy ahead of midterms

It adds to a raft of signs that a disillusioned, anxious electorate is ready to use the midterms to punish the party in power.

Axios

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Former NFL QB Colin Kaepernick The Latest SPAC Casualty, Costing Investors Millions

A SPAC that included a former National Football League quarterback is the latest to announce a liquidation. The SPAC was close to locking down a deal, but it might have fallen apart at the hands of the quarterback.

Benzinga

DOJ inquiry in pro golf includes Augusta National, US Golf Association, PGA of America, per report

The DOJ probe includes the body that oversees the iconic Masters Tournament

USA Today Sports Media Group

Apple iPhone Crash Detection Is Calling 911 About Rollercoasters

Apple's Crash Detection sensors have improved, but the algorithms may need some fine-tuning, as they're apparently calling 911 about rollercoasters.

RideApart

Amusement park goers with iPhone 14s are accidentally alerting 911 after rollercoaster rides register as car accidents

Phone uses sensor data to activate the mode and gives users a 20-second window to stop the alarms from being sent to emergency services

The Independent UK

Disney Is a Living Proof of a Never-Ending Corporate Fairytale

Once upon a time, last quarter, The Walt Disney Company (NYSE: DIS) managed to beat both top and bottom-line expectations as its theme parks, experiences, and products division saw a revenue boost of 72% after collapsing during the pandemic.

Benzinga

Hans Niemann likely cheated over 100 times, top chess site finds

A 72-page report by Chess.com seen by WSJ says Niemann had likely received illegal assistance in over 100 online games.

Al Jazeera

Report: U.S. Chess Grandmaster Allegedly Cheated Over 100 Times

The Chess.com report comes in wake of Magnus Carlsen, a chess world champion, accusing Hans Niemann of cheating.

Sports Illustrated

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Reason

Rest In Peace Judge Silberman

We lost a legal legend.

Axios

Remote workers are increasingly surveilled, as manager paranoia surges

Critics call it bossware, and it's catching on.

Benzinga

'We Do Not View This As Proprietary Trading,' Coinbase Responds To Report On $100M Transaction

It looks like the Wall Street Journal and Coinbase Global Inc (NASDAQ: COIN) are misunderstanding each other.

Benzinga

Here's How Many Extra Subscribers Netflix Is Expecting With Ad-Supported Plan

An ad-supported plan coming later this year from streaming platform Netflix Inc (NASDAQ: NFLX) could add additional subscribers and revenue. Here’s a look at just how many subscribers Netflix thinks it can add with its new plan.

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Reason

Court Rejects Idea Theft / "Hot News" Claim by Occasional Fox Guest Against Fox

In Greer v. Fox Corp., decided Wednesday, Judge Laura Taylor Swain (S.D.N.Y.) largely adopted Magistrate Judge Stewart Aaron's report and recommendation from June 2021; here's an excerpt of that report and recommendation, which the District Judge adopted (and which strikes me as quite correct): The following is a summary of…

Asharq Al-Awsat

Kim Kardashian to Launch Private Equity Firm with Former Carlyle Partner

Reality television star and entrepreneur Kim Kardashian and a former partner at Carlyle Group Inc are launching a new private equity firm focused on investing in consumer and media businesses, the Wall Street Journal reported on Wednesday. The new firm to be launched by Kardashian and Jay Sammons will be…

Reuters

Pentagon aims to speed arms sales to allies to better compete with China- WSJ

The Pentagon has launched a comprehensive push to accelerate sales of U.S. arms to foreign allies, to better compete with China and replenish arsenals of friendly nations that have given military gear to Ukraine, the Wall Street Journal reported on Friday.

Benzinga

Disney Seeks To Pull Off An Amazon With 'Prime-Like' Bundle Service: WSJ

Walt Disney Company (NYSE: DIS) is reportedly planning to ape a tried-and-tested route to rope in more customers for its multiple services.

Daily Mirror

Kobe Bryant played without a mask after breaking his nose with chilling "war" comment

The late great five-time NBA champion Kobe Bryant was a warrior on the basketball court and he once played with a broken nose and chose not to protect it by wearing a mask

Axios

WSJ: FBI seized a series of "top-secret" materials in Mar-a-Lago search

The inventory and search warrant confirms the FBI removed classified documents that were only meant to be kept in secure government facilities.

Sports Illustrated

Report: Mickelson, 10 Other LIV Golfers Sue PGA Tour

The group is reportedly suing over their suspensions, and three golfers are seeking temporary restraining orders so they can play in the FedEx Cup Playoffs.

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