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Wall Street Journal - Aug 9

The following are the leading stories in the Wall Street Journal. Reuters has not confirmed these stories and does not guarantee their accuracy.

- Delta Air Lines increased the efforts to seek settlement from CrowdStrike, blasting what it called the cybersecurity business's blame the victim defense for a. interruption that the airline stated expense at least $500 million.

- Paramount Global, home of channels consisting of. Comedy Central, MTV and Nickelodeon, on Thursday made a note of the. worth of its cable-TV networks by almost $6 billion and cut. 2,000 jobs.

- An advertising-industry initiative, Global Alliance for. Responsible Media, devoted to protecting marketers from. damaging material is stopping work following a claim submitted by. Elon Musk's social-media platform X.

- The U.S. District Court for the Southern District of New. York got in a consent order versus FTX Trading and Alameda. Research study, requiring them to pay $12.7 billion in financial relief. to fraud victims, resolving Commodity Futures Trading Commission. litigation.

- Bausch Health's four-year-old strategy to spin off. eye-care subsidiary Bausch + Lomb is captured in a. standoff between the pharmaceutical company's top shareholders. consisting of Carl Icahn and Paulson & & Co and debtholders favoring a. bankruptcy filing to fix its balance sheet.

- Business AI business Glean is in innovative discussions for. an offer to raise $250 million that would double its appraisal. from 6 months ago to $4.5 billion.

(source: Reuters)