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The Latest Breaking News from the Wall Street Journal

Trump's "suicidal" legal strategy

Trump's legal defense team "plagued by infighting" — of former president's own making, Wall Street Journal reports

Salon

Lyft's new CEO says its competition isn't just Uber, it's a 'battle against staying at home'

Lyft and Uber have gone head-to-head for in the ride-share market for over a decade, and the pandemic-era lockdowns heightened the competition.

Fortune

TV Tinsel: For Keegan-Michael Key, the seeds of acting and singing took root early on

Actor Keegan-Michael Key was 8 years old when he saw his first musical. It was “Godspell,” and he was hooked. “I was in the third grade. I thought it was the most magical thing. I thought, ‘Oh, wow, I want to do something like that!’ I wanted to be in…

Tribune News Service

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read the most diverse news in one place.

Elon Musk Offers Twitter Employees Stock Grants Valued At About $20 Billion

Musk has offered new equity grants to employees that will vest after six months: 'Stock Granted Now Would Be Worth Ten Times More'

Zenger

London Girl? Taylor Swift is ‘looking for a house in Hampstead’ to add to her £123m property portfolio

The popstar is said to be looking for a period property with a garden in Hampstead or St John’s Wood.

Evening Standard

Pentagon probes lapse in Boeing security credentials for Air Force One

The U.S. Department of Defense (DOD) is scrutinizing why Boeing Co employees worked on current and future Air Force One planes without the security credentials required for the highly classified jets.

Reuters

Taylor Swift fans are sharing their health tips and hydration plans for the singer's 3-hour show

Taylor Swift fans have a PSA for her 44-song, three-hour concert: stay hydrated and have a bathroom plan.

Fortune

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Tesla Stock More Popular Than Ever With Individuals

With retail investors spending tens of billions spent on Tesla shares already purchased this year, the company outpaces any other security by far.

InsideEVs

JPMorgan CEO Jamie Dimon reportedly leading discussions on First Republic rescue

JPMorgan's 2008 rescues ended up costing the bank $19 billion.

Fortune

Matthew Yglesias: Want better government? Pay bureaucrats more

The National Institutes of Health have been without a permanent director since the end of 2021. But not for lack of trying: At least two good prospects “have walked away,” according to the Wall Street Journal — not only out of concern that the role has become more politically contentious…

Tribune News Service

Customers scramble to withdraw money from First Republic as stock drops almost 50%

Efforts to reassure the public that First Republic is safe have so far been unsuccessful as bank's shares plunge.

Fortune

Credit Suisse is the car crash in its own Bonfire of the Vanities

The name's Bond – unhedged Treasury bond. Jonathan Milne argues that bond traders have again become sexy, for all the wrong reasons.

Newsroom.co.nz

Large Libel Models: ChatGPT-3.5 Erroneously Reporting Supposed Felony Pleas, Complete with Made-Up Media Quotes?

[UPDATE: This article originally said this what ChatGPT-4 doing this, which was my error. But, as I note below in an UPDATE, ChatGPT-4 also erroneously reports supposed criminal convictions and sentences, complete with made-up quotes.]

Reason

Why TikTok's Security Risks Keep Raising Fears

TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf. China’s Foreign Ministry on Wednesday accused the United States itself of spreading disinformation about TikTok's potential…

Asharq Al-Awsat

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Tribune News Service

New CEO of failed Silicon Valley Bank was once fired from his Charlotte banking job

The new CEO of failed Silicon Valley Bank is a familiar name to many in Charlotte’s banking community — Tim Mayopoulos was fired as general counsel of Bank of America in 2008 in the midst of the financial crisis and escorted out of the office by an HR representative.

The New Daily

US could ban TikTok if Chinese owners don’t sell stake

A move to ban TikTok in the US is the latest step by legislators who have raised fears that TikTok's US user data could be passed on to China's government.

The Guardian - UK

Watch out for hungry bears! Why Elon Musk’s new town could run into trouble

The world’s richest man is building a libertarian utopia in Texas. But when there are no rules or regulations, there can be unexpected problems, writes Arwa Mahdawi

InsideEVs

Rivian In Talks With Amazon To Get Rid Of Van Exclusivity Clause

The talks have been reportedly initiated after Amazon's electric van order for 2023 came in at the low end of a range that was previously provided to Rivian.

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Reason

Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse

Plus: Fox News troubles, junk statistics about illicit economies, and more...

Fortune

Regulators shut down SBV after bank run

How can a bank run happen in 2023? Why didn’t anyone step in to save SVB? And who is at risk now?

Asharq Al-Awsat

WHO's Tedros: Finding COVID-19's Origins is a Moral Imperative

Discovering the origins of COVID-19 is a moral imperative and all hypotheses must be explored, the head of the World Health Organization said, in his strongest comments yet that the UN body remains committed to finding how the virus arose. A US agency was reported by the Wall Street Journal…

Asharq Al-Awsat

Report: Meta Plans New Job Cuts

Facebook-parent Meta Platforms is planning additional layoffs to be announced in multiple rounds over the next few months, which could match the 13% job cut tally from last year, the Wall Street Journal reported on Friday citing people familiar with the matter. Meta let go of 11,000 employees four months…

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Tedros Adhanom Ghebreyesus

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