Press Digest: Wall Street Journal - December 19

Trump Media & Technology

19/12/2025 05:10

Dec 19 (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.

- OpenAI aims to raise up to $100 billion, potentially valuing the company at $830 billion, to fund ambitious growth plans.

- Meta Platforms META.O is developing a new image and video-focused AI model code-named Mango alongside the company’s next text-based large language model.

- Trump Media & Technology Group DJT.O will merge with Alphabet-backed TAE Technologies GOOGL.O in an all-stock deal valued at over $6 billion.

- Hogan Lovells said it will merge with Cadwalader, Wickersham & Taft, creating a $3.6 billion megafirm.

    - Hedge fund Elliott Investment Management is considering taking bookseller Barnes & Noble and U.K. book chain Waterstones public.

    - Sony Group 6758.T has agreed to acquire 41% stake held by Canadian entertainment company WildBrain in Peanuts Holdings.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))