Latest News

Wall Street Journal, July 8,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy.

Ruoming Pan, Apple's executive who is in charge of AI models, has left the company to join Meta Platforms. Tech giants are aggressively chasing top talent as they race to be the leaders of the next AI wave.

Royal Gold announced that it would acquire Sandstorm Gold, a Canadian rival company, for approximately $3.5 billion. This will help the royal firm to strengthen its position within North America during a period when gold prices have reached record highs.

CoreWeave is buying crypto mining company Core Scientific for $9 billion in a deal that involves only stock. AI infrastructure companies are racing to secure energy and data centers to meet the demand.

The Transportation Security Administration has introduced new procedures that allow passengers to wear their shoes through airport screening checkpoints.

Andrew Hider has been named as the new CEO of Baxter International, replacing long-time CEO Jose Almeida.

A group of independent companies and trade associations has called on the European Union (EU) to launch a thorough investigation into the acquisition of Downtown Music Holdings by Universal Music Group. They claim that the deal is a threat to competition if the antitrust officials allow it to proceed.

(source: Reuters)