Press Digest: Wall Street Journal - August 12

Aurora Cannabis

12/08/2026 06:59

Aug 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.
     
- Intel INTC.O plans to raise $20 billion by way of an underwritten public offering of 210.5 million shares priced at $95 each.
     
- Target TGT.N said it is putting more resources into its artificial intelligence and user experience capabilities, the latest move by a major retailer to integrate more AI.
     
- Mari Group said it had agreed to buy Britain’s ATG Entertainment from private-equity firm Providence Equity Partners. The deal values ATG at around £4.5 billion including debt, equivalent to roughly $6 billion.
     
- Aurora Cannabis ACB.TO is reviewing an unsolicited offer from rival cannabis company Curaleaf Holdings CURA.TO to be taken over for about $272 million, or $4 a share.
 
   - A consortium of investors that includes Jeff Bezos is closing in on a deal to buy a minority stake in Liverpool Football Club from Fenway Sports Group, the owner of the Boston Red Sox. 
 
    - OpenAI's former chief operating officer, Brad Lightcap, is stepping down, the latest leadership change at the artificial-intelligence lab.
 
 

 (Compiled by Bengaluru newsroom)
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