Press Digest: Wall Street Journal - Jan 2

Robo.ai

02/01/2024 05:10

Jan 2 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    - China Evergrande New Energy Vehicle  0708.HK  said an
agreement for Dubai-based automaker NWTN  NWTN.O  to subscribe
to its shares has expired, raising fresh doubts about a
potential cash injection for the Chinese electric vehicle
manufacturer.
    
    - Baidu  9888.HK  has called off a $3.6 billion deal to buy
Nasdaq-listed JOYY's video-based entertainment live-streaming
business in China, the company said in a filing.
    
    - Netherlands has blocked chip-equipment manufacturer ASML's
 ASML.AS  exports to China of some lithography systems, which
are essential to making advanced microprocessors, in a partial
license revocation following U.S. export restrictions.
    
    - U.S. antitrust cases against tech giants Google  GOOGL.O 
and Meta Platforms  META.O  are expected to come to a head in
2024, likely producing long-awaited rulings that could shape the
legacies of top Biden administration regulators.
        
  

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