PRESS DIGEST - Wall Street Journal - August 8

Reuters
5 hours ago
PRESS DIGEST - Wall Street Journal - August 8

Aug 8 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump demanded the immediate resignation of new Intel INTC.O CEO Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon.

- Australia's Iress IRE.AX confirmed that it was in early stages of discussion with Blackstone BX.N and Thoma Bravo for a potential offer for the financial software firm.

- Walt Disney DIS.N has resolved a legal dispute with actor Gina Carano over her firing from the "Star Wars" streaming TV series "The Mandalorian".

- Meta's META.O 'TBD Lab' is spearheading work on the latest version of Llama, the large language model that is Meta's answer to ChatGPT.

- U.S. President Trump signed a pair of executive orders intended to make it easier for Americans to invest their retirement savings in assets such as private equity, cryptocurrency and private real estate.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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