Press Digest: Wall Street Journal - October 30

Liberty Global

30/10/2025 05:33

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

- Universal Music Group UMG.AS signed a deal with artificial intelligence music generator Udio to launch a new platform trained on licensed songs, the companies said Wednesday.

- John Malone is stepping down as chairman of Liberty Media and Liberty Global LBTYA.O, ending a decades-long run atop a powerful media empire.

- General Motors GM.N plans to lay off more than 3,300 of workers at electric vehicle and battery plants due to slower EV adoption.

- Jamf JAMF.O said it agreed to be acquired by Francisco Partners in an all-cash deal valued at approximately $2.2 billion.

 - Paramount PSKY.O will lay off roughly 2,000 workers across the media company beginning on Wednesday.

 - Technology company Bending Spoons is buying AOL from private-equity firm Apollo Global Management APO.N, the latest in a string of ownership changes for the internet pioneer.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))