Press Digest: Wall Street Journal - Feb 29

Aetherium Acquisition

29/02/2024 06:13

Feb 29 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
    
    - The Securities and Exchange Commission is scrutinizing
internal communications by OpenAI Chief Executive Sam Altman as
part of an investigation into whether the company's investors
were misled.
    
    - Alibaba Group  9988.HK  will cut cloud product prices in
China by up to 55% in an effort to boost a promising division
whose sales have slowed in recent quarters amid rising
competition.
        
    - Anheuser-Busch Inbev  ABI.BR  and the Teamsters union said
on Wednesday they have reached a five-year tentative agreement
that would avert a strike at the world's largest brewer's U.S.
facilities.
    
    - Apple  AAPL.O  shareholders on Wednesday rejected a
measure asking the iPhone maker to disclose more information
about how it uses artificial intelligence in its business and
its ethical guidelines for the technology.
        
  
    - Malaysia's Capital A  CAPI.KL , the parent company of
budget airline AirAsia, on Wednesday said it has finalised a
$1.15 billion deal to list its brand management unit on the
Nasdaq via a merger with a SPAC called Aetherium Acquisition
Corp  GMFI.O .    
        
  
        - Electronic Arts  EA.O  will reduce 5% of its workforce
as part of a restructuring plan that also includes a reduction
in real estate, the company said on Wednesday, as the video game
industry struggles to grow amid high interest rates. 
        
  
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))