Press Digest: Wall Street Journal - Jan 8
08/01/2025 05:33
Jan 8 (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.
- Amazon.com AMZN.O on Tuesday said that its cloud
computing division Amazon Web Services (AWS) plans to invest
about $11 billion to expand its infrastructure in Georgia to
support cloud computing and AI technologies.
- Getty Images GETY.N and Shutterstock SSTK.N are
merging in a $3.7 billion deal to address growing demand for
licensed content amid AI-driven changes, with Getty shareholders
retaining 54.7% of the combined company.
- AI startup Anthropic is nearing a $2 billion funding round
led by Lightspeed Venture Partners, valuing the company at $60
billion - more than triple its valuation from last year.
- Goodyear GT.O has agreed to sell its Dunlop brand to
Japan's Sumitomo 5110.T for $701 million in cash as part of a
plan to streamline its business.
- Mark Zuckerberg said Meta META.O will end fact-checking
and lift speech restrictions on Facebook and Instagram, framing
the move as a push for free expression ahead of Donald Trump's
second presidency.
- U.S. Commodity Futures Trading Commission chair Rostin
Behnam will step down on Jan. 20, as the derivatives regulator
prepares for a second Trump term, ending his tenure that began
in 2022.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))