The Wall Street Journal (WSJ) has accused the head of a Hong Kong journalists’ union of abusing the legal process by suing the newspaper over her dismissal only after her “extortionate” HK$3 million (US$385,500) proposal for settlement was rejected. Lawyers for Dow Jones Publishing Co (Asia) told Eastern Court on Thursday that Selina Cheng Kar-yue’s…
A rare earths deal between the US and China will “hopefully” be done by Thanksgiving, Treasury Secretary Scott Bessent said in remarks that were broadcast on Sunday. Bessent’s comments follow a framework agreement announced last month in which Washington agreed not to impose 100 per cent tariffs on Chinese imports and China would hold off…
00:00 Speaker A Well, OpenAI has officially become the world’s most valuable company. According to the Wall Street Journal, the company completed a deal with investors that values the chat GPT maker at around $500 billion. The record valuation for the private company comes just three years after it launched its flagship product. 00:15 Speaker…
The Wall Street Journal, its parent company and Rupert Murdoch asked a federal judge to dismiss Donald Trump‘s $10 billion defamation lawsuit over the publication’s report on the president’s past connections to Jeffrey Epstein. “The First Amendment’s protections for truthful speech are the backbone of the Constitution,” the Journal’s attorneys wrote in their motion. The…
US President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the United States will take control of US operations of TikTok. Trump name-dropped the 94-year-old Murdoch and his son Lachlan Murdoch, the head of Fox News and News…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Warren Buffett‘s public disdain for Bitcoin has not stopped one of his adherents from driving a 94-year-old mutual fund giant’s push into the leading cryptocurrency. Mutual fund manager Capital Group has poured roughly $1 billion into Bitcoin-related…
(Reuters) -TikTok’s U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz, under a framework the U.S. and China are finalizing, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A new company will be created to operate TikTok, with U.S. investors holding a roughly…
On Monday, the House Oversight Committee released a letter that depicted a line drawing of a naked woman, with what appeared to be Donald Trump’s signature in place of her pubic hair. The letter, which also included an imaginary dialogue between Trump and the late pedophile Jeffrey Epstein, had been included in a book compiled…
The Wall Street Journal is looking for a reporter to cover the Chinese economy. The Chinese economy is at a pivotal moment, as a 40-year boom fueled by free trade collides with the Trump administration’s America First agenda. China, already struggling with an epic property bust, a shrinking population and a collapse in foreign investment,…
Shares of cannabis company Tilray Brands (NASDAQ:TLRY) jumped 38.5% in the afternoon session after reports that President Donald Trump is considering reclassifying marijuana as a less dangerous drug, a move that could transform the cannabis industry’s regulatory landscape. The potential move, first reported by The Wall Street Journal and later confirmed by President Trump, would…