Press Digest: Wall Street Journal - February 12

AppLovin

12/02/2026 05:56

Feb 12 (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.

- WeRide WRD.O Chief Executive Tony Han said the company reduced data collection and training costs by 75% using an in-house AI testing platform.

- Elon Musk announced a reorganization of xAI, his AI startup, following its merger with SpaceX, leading to employee departures.

- AppLovin APP.O Chief Executive Adam Foroughi downplayed AI threats to the company.

- Novocure NVCR.O said it received Food and Drug Administration approval for its Optune Pax product to treat certain pancreatic cancers.

 - A Chinese government-controlled company is preparing to sell the Waldorf Astoria hotel months after its reopening.

 - Federal Reserve governor Stephen Miran said an argument for cutting interest rates remains following the January jobs report.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))