Press Digest: Wall Street Journal - October 22

Meta Platforms

Today 06:00

Oct 22 (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.
     
- Meta Platforms META.O has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considering leaving the state that houses the company's headquarters if voters pass a wealth tax proposal next month.
     
- Tesla TSLA.O CEO Elon Musk said the carmaker could be ready to start shipping its Optimus humanoid robots to outside companies by the end of next year, and that its fleet of autonomous taxis will soon become a significant driver of revenue.
     
- The creators of PHP, a technology that powers as much as 70% of the world’s websites, disclosed a critical security issue that could be leveraged by hackers to take control of any system running its software. 
     
- Mattel MAT.O said it has added a top executive of its largest shareholder, EdgePoint Investment Group, to its board of directors as the toymaker grapples with weak performance and leadership upheaval.
     
- A judge in New Mexico ordered Meta Platforms to pay the state $25 billion after a jury found the company had misled consumers about the privacy of their data, hitting the company with one of the largest financial penalties in US history.
     
- US President Donald Trump said that companies ​building data centers should pay a "dividend" to the communities ‌where they are sited if they want to make the developments popular. 
 

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