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The Latest Breaking News from the Wall Street Journal

S&P Futures Tick Lower Ahead of Powell Speech, Chip War Heats Up

September S&P 500 futures (ESU23) are trending down -0.15% this morning as a report on potential new restrictions on the export of artificial intelligence chips to China weighed on sentiment, while investors awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary…

Barchart

Biden administration mulling new restrictions on AI chip exports to China, report says

The Wall Street Journal is reporting that Washington is looking to further restrict the exports of artificial intelligence chips to China. The United States is concerned that Beijing could use American-made technology to develop weapons or increase its hacking abilities. Also in this edition: UK food retailers face tough questions…

France 24

S&P Futures Tick Lower Ahead of Powell Speech, Micron Earnings on Tap

September S&P 500 futures (ESU23) are trending down -0.14% this morning as market participants awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary policy.

Barchart

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Prince Harry and Meghan Markle’s Netflix Deal Appears Secure: Partnership “Isn’t Ending Anytime Soon,” Company Says

Rumors were circulating that, like Spotify, that deal was in trouble.

Marie Claire

Silicon Valley elites are reportedly taking ketamine and attending psychedelic parties to bolster their focus and creativity. Here’s what the drugs do to your brain

Psychedelic use is growing, and the business elites are taking an interest.

Fortune

Elon Musk ‘microdoses ketamine to manage depression’

Entrepreneur said to take substance to manage depression, according to Wall Street Journal

Evening Standard

Taylor Swift Declines Meghan Markle’s Podcast Invitation Amidst Spotify And Netflix Woes

Pop diva Taylor Swift snubs Meghan Markle's podcast invite as Spotify and Netflix express concerns over the couple's productivity

Zenger

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Secretary Buttigieg warns of flight delays from July 1 due to 5G

Starting July 1, airplanes that have not been retrofitted to withstand interference from 5G signals may not be allowed to land in low visibility.

Fortune

IBM Eyes $5B Acquisition Of Cloud-Based Software Firm Apptio

Apptio's expertise in managing tech spending could be a boon for IBM's portfolio as dealmaking slumps.

Zenger

Just like nobody asked for, YouTube is reportedly testing in-app and in-site gaming

An internal email seen by the Wall Street Journal discusses the "Playables" initiative.

PC Gamer

Secret US Navy underwater microphones detected Titan sub implosion

Acoustic detectors used to track enemy submarines picked up the fatal blast

The Independent UK

Wall Street Journal defends Alito op-ed, blasting ProPublica’s ethics investigation as ‘political assault’

Editorial board calls latest investigative report into Supreme Court ethics a ‘non-scandal built on partisan spin’

The Independent UK

Wall Street Journal under fire for Justice Alito op-ed: ‘This has simply broken my brain’

Justice used Murdoch paper to defend 2008 private jet trip to King Salmon Lodge in Alaska

The Independent UK

Justice Alito tries to get ahead of damning report about billionaire gifts with defensive Wall Street Journal op-ed

Conservative justice defends taking private jet to Alaskan fishing trip with hedge-fund billionaire with business before the court as justices face ongoing ethics questions

The Independent UK

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Salon

"Beyond parody": Experts slam Alito trip

ProPublica asked Alito about the ethics concerns. He ran to the Wall Street Journal to attack their reporting

Fortune

Elon Musk says Tesla's ready to invest in India ‘as soon as humanly possible’

Tesla is likely to announce the location of its next factory by the end of the year, Elon Musk said last month.

Tribune News Service

China, Cuba in talks on new military training site, report says

China and Cuba are discussing building a joint military training facility, according to The Wall Street Journal, a report that comes after the White House earlier said Beijing has a spy base on the island about 90 miles from the United States.

Al Jazeera

China negotiating new military training facility in Cuba: Report

Wall Street Journal says talks over new military facility are in late stages, with US officials seeking to intervene.

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Newslaundry

In rare Modi interview with foreign media, WSJ report points to ‘many speeches, fewer conferences’

In a rare interview with a foreign media outlet, Prime Minister Narendra Modi told the Wall Street Journal that leaders of the US and India share “unprecedented trust” as he left for his first official state visit to the US on Tuesday.

Reason

FTC Chair Lina Khan Ignored Ethics Official's Advice About Meta Case, Then Said She Didn't

Plus: RIP Daniel Ellsberg, the Pioneers of Capitalism, and more...

The Independent UK

Why Spotify ‘ended its £15m deal’ with Harry and Meghan

Industry insiders have suggested executives at Spotify had to evaluate whether the deal made economic sense in the long-run

The Independent UK

Why Spotify ‘ended its £15m deal’ with Meghan and Harry

Industry insiders have suggested executives at Spotify had to evaluate whether the deal made economic sense in the long-run

Windows Central

Recapping Microsoft's layered relationship with OpenAI, including warnings, competition, and billions of dollars

While Microsoft and OpenAI have a close partnership, the companies also compete in some areas. The Wall Street Journal recently highlighted the unique relationship between the companies.

Fortune

New Gen Z graduates are struggling with office culture

New graduates are worried about the change in expectations between being a university student and a member of the workforce.

Golf Monthly

Report: Department Of Justice To Review PGA Tour/PIF Merger

The Justice Department is reportedly planning to review the merger between the PGA Tour and the PIF

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