Plus: IBM is in advanced talks to acquire data-infrastructure company Confluent. And investors anticipate another rate cut as the Federal Reserve prepares to meet. Luke Vargas hosts.
Australia is on the cusp of banning social media for children, with countries around the world expected to follow suit. Teenagers and tech companies alike have argued that the ban hurts free speech, but politicians and parents are concerned about the mental-health impacts on young people as more studies show that social media can worsen feelings of anxiety, depression and suicidal ideation. WSJ tech reporters Sam Schechner and Georgia Wells discuss the pros and cons of a social-media ban and what it could mean for companies’ bottom line. Caitlin McCabe hosts.
What are supermarkets and consumer brands saying about shoppers? And which companies are getting a boost from higher-income customers? Plus, who are the winners and losers after Netflix’s biggest acquisition? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
What are supermarkets and consumer brands saying about shoppers? And which companies are getting a boost from higher-income customers? Plus, who are the winners and losers after Netflix’s biggest acquisition? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
Plus: Netflix’s $72 billion deal to buy Warner Bros. Discovery sent the Hollywood giant’s stock rallying, while shares of rival suitor Paramount Skydance sank. And SoFi Technologies stock fell after announcing plans to sell common shares. Danny Lewis hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
P.M. Edition for Dec. 5. The streaming company won the fight for Warner Bros. in a deal that would shake up Hollywood. But first it has to win approval from the Trump administration, which is already scrutinizing the acquisition, as Wall Street Journal entertainment reporter Joe Flint explains. And a key vaccine panel at the CDC voted to drop a longtime recommendation that all newborns get a first dose of hepatitis B vaccine. WSJ reporter Sabrina Siddiqui covered the vote. Plus, the WSJ reports that SpaceX is kicking off a secondary stock sale that would value the company at $800 billion, ahead of a potential IPO for the rocket maker next year. Pierre Bienaimé hosts.
Plus: The EU fines X $140 million over breaches of Digital Services Act. And shares of Moore Threads, a Chinese competitor to Nvidia, soars in its market debut. Julie Chang hosts.
Plus: The Federal Reserve got one last inflation reading to consider—a moderate monthly increase in prices—before next week's interest-rate decision. And Southwest Airlines cuts its profit guidance for the year. Pierre Bienaimé hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: Meta Platforms plans cuts to its metaverse division. And The New York Times escalates battle against Perplexity with new lawsuit. Julie Chang hosts.