Press Digest: Wall Street Journal - June 6

Bed Bath & Beyond

06/06/2023 06:38

June 6 (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.
    
    - Bed Bath & Beyond is in talks to keep its Buybuy Baby
chain open through a possible sale to the private-equity owner
of children's apparel retailer Janie and Jack, according to
people familiar with the matter.
    
    - The Securities and Exchange Commission on Monday sued
Binance, the world's largest cryptocurrency exchange, alleging
the overseas company operated an illegal trading platform in the
U.S. and misused customers' funds. 
    
    - A former executive at ByteDance, the parent company of the
hit video-sharing app TikTok, alleges in a legal filing that a
committee of China's Communist Party members accessed the data
of TikTok users in Hong Kong in 2018—a contention the company
denies. 
    
    - Apple  AAPL.O  unveiled the Vision Pro headset, the
company's first major new product in a decade, a device capable
of allowing users to experience virtual reality and digital
apps, movies, personal photos or any content available on a
computer monitor overlaid on the real world.
        
  
        - Blackstone  BX.N  has agreed to sell the JW Marriott
San Antonio Hill Country Resort & Spa for $800 million in what
would be the second-largest single-asset hotel deal in the U.S.
of the pandemic.
        
  
        - Spotify Technology  SPOT.N  on Monday said it plans to
cut about 200 jobs, or 2% of its workforce, the latest sign of
its struggles to make money in the podcast business.
        
  
        
  

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