Press Digest: Wall Street Journal - September 1
PRESS DIGEST -Wall Street Journal - September 1 Sept 1 (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.
- Anthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia NVDA.O, for a Texas data center, a source familiar with the matter said.
- Amazon.com AMZN.O illegally raised prices for advertisers by surreptitiously raising the minimum price required to place ads that promote their products, the U.S. Federal Trade Commission alleged in a lawsuit filed in federal court.
-The Securities and Exchange Commission has stepped up its examinations of firms behind so-called special purpose vehicles that claim to offer exposure to private company investments, according to people familiar with the matter.
--The investment fund 1789 Capital, in which Donald Trump Jr. is a partner, is investing around $300 million into Polymarket, according to a person familiar with the matter.
-Brazilian billionaire Joesley Batista, one of the owners of meatpacker JBS Z98.F, met U.S. President Donald Trump on August 20 to discuss how additional beef supply from Brazil could help tame U.S. beef prices if Trump dropped a 26% import tax, according to people familiar with the matter.
- U.S. Army Secretary Dan Driscoll has submitted his resignation to the White House following months of tension with Defense Secretary Pete Hegseth.
(Compiled by Bengaluru newsroom)
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