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Press Digest: Wall Street Journal - September 15

PRESS DIGEST -Wall Street Journal - September 15

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- President Donald Trump said that the U.S. already has guardrails in place to regulate and prosecute AI companies, appearing to play down concerns expressed by industry leaders about the misuse of artificial intelligence harming people.

- Microsoft MSFT.O unveiled a draft code of conduct for its in-house artificial intelligence that reflects growing industry concern that companies must keep future powerful AI under human control.

- Dell DELL.N chief Michael Dell's DFO Management, along with Sequence Holdings, will take Baldwin Group BWIN.O private in a $7.7 billion deal, providing the insurance broker greater flexibility to pursue AI investments.

- IT consulting firm Accenture ACN.N will pay $25 million to settle U.S. government allegations over diversity practices, which President Donald Trump's administration has targeted in his second term in office.

- The U.S. Environmental Protection Agency announced rules to repeal former President Joe Biden's limits on carbon emissions from coal- and gas-fired power plants and to prevent future climate-focused regulations of those facilities.

- OpenAI bought Glass Imaging, a startup developing higher quality cameras for smartphones, valuing the company at over $300 million in the deal.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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