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Wall Street Journal

All articles tagged with #wall street journal

business3 days ago•4 min saved

Druckenmiller acknowledges AI help in WSJ op-ed critiquing Bessent

Billionaire investor Stanley Druckenmiller admitted using AI to draft a Wall Street Journal op-ed that attacked Treasury Secretary Scott Bessent’s plan to double government buybacks. He defended AI use as a tool and said the piece reflected his own views, while WSJ editors emphasized content integrity and noted AI inputs are reviewed. NOTUS claimed its AI-detection tool flagged the piece. The op-ed argued that to durably lower long-term yields, the primary deficit must be addressed and entitlements reformed gradually and honestly.

via New York Post|

#artificial-intelligence #business #scott-bessent

business3 days ago•3 min saved

Druckenmiller: AI Helped Write WSJ Op-Ed Criticizing Bessent’s Bond Moves

Billionaire investor Stanley Druckenmiller acknowledged that his Wall Street Journal op-ed criticizing Treasury Secretary Scott Bessent’s bond-market interventions was written with artificial intelligence. The admission, supported by AI-detection tools, has intensified the debate over AI’s role in opinion writing, even as the WSJ editor defends the piece as Druckenmiller’s genuine view. Druckenmiller notes he used AI as a writing aid but maintains the message is his.

via News of the United States - NOTUS|

#ai #bessent #bond-market

politics6 days ago•15 min saved

Koch Heiress Editor Sparks Firestorm Over Workforce Question

WSJ editor Mary Julia Koch faced heavy backlash after reporting that women hold far more payroll jobs than men and that factors like offshoring, automation, and DEI-driven shifts have left some young men out of the workforce; critics argue white men have been intentionally excluded by corporate policies, and Koch’s wealth/background added fuel to the controversy.

via Mediaite|

#discrimination #mary-julia-koch #politics

business1 month ago•18 min saved

Ari Emanuel Backs Paramount-WBD Merger, Dismisses Antitrust Suit as Trash

Ari Emanuel, CEO of TKO Group and longtime Hollywood power broker, published a Wall Street Journal op-ed defending Paramount’s planned $110 billion acquisition of Warner Bros. Discovery and labeling the states’ antitrust lawsuit against the deal as “trash.” He argues the merger could save Hollywood, contends that competition comes from Netflix, Netflix-related and other digital players, YouTube, and upcoming streaming projects rather than just traditional studios, and accuses regulators of ignoring real competition in a streaming-enabled market. The piece also notes the delay imposes a quarterly $650 million ticking fee on Paramount and underscores Emanuel’s stance that antitrust actions should not be used to settle policy disputes.

via Deadline|

#antitrust #ari-emanuel #business

business1 month ago•4 min saved

IRS Chief Bisignano Rejects JPMorgan Spying Claims in WSJ Report

IRS chief Frank Bisignano denies Wall Street Journal claims that he spied on JPMorgan colleagues over a decade ago, saying “none of it’s true” and noting he and others joked about the report; the WSJ described surveillance intended to tighten control and undermine rivals, including Charlie Scharf of Wells Fargo.

via CNBC|

#business #charlie-scharf #frank-bisignano

politics1 month ago•16 min saved

Gerber Frames Trump’s Crypto Windfall as a Million-Plus Losses Episode

Ross Gerber highlighted a Wall Street Journal report alleging that more than 1 million people lost money on the TRUMP meme coin while Donald Trump profited, with about 2/3 of wallets that bought the token underwater (roughly 1.48 million holders) and 85% of secondary buyers in the red. The coin peaked near a $15 billion market cap before crashing about 97% to roughly $408 million, and Trump reportedly collected about $635 million in royalties last year. Trump defends the windfall as legal and stresses crypto’s importance, while critics including lawmakers push for tighter crypto regulation.

via Yahoo Finance|

#cryptocurrency #politics #ross-gerber

politics2 months ago•318 min saved

DOJ withdraws subpoenas for WaPo and WSJ reporters in national-security leak probes

Federal prosecutors withdrew subpoenas that would have forced Washington Post reporter Ellen Nakashima and a Wall Street Journal reporter to testify before a grand jury in national-security leak probes, following newsroom challenges and amid Trump pressure; none of the reporters were compelled to reveal sources, but the episode underscores concerns about press freedom and the potential for future subpoenas.

via CNN|

#justice-department #politics #subpoenas

tech2 months ago•30 min saved

Polymarket accused of paying creators for fake betting clips

A Wall Street Journal investigation found Polymarket paid creators to film deceptive videos that showed them placing and celebrating bets that never happened. The WSJ identified over 1,100 clips, including 118 videos portraying about $900,000 in supposed winnings that would have lost roughly $166,000 in reality. After reporters asked questions, many videos were scrubbed and Polymarket removed fake sites like poiymarket.com.

via The Verge|

#fake-bets #influencers #polymarket

business2 months ago•19 min saved

Polymarket Accused of Faking Bets to Drive Viral Growth

The Wall Street Journal reports Polymarket paid mostly college-age creators to stage fake winning bets on copycat sites to boost virality. Investigators found none of roughly $1.9 million in bets shown across 1,105 videos were real, undermining Polymarket's claim that trades settle on a publicly auditable blockchain. The campaign used dummy sites and staged wins, with creators earning a few thousand dollars monthly while instructed not to disclose payments. The piece follows Polymarket's prior US regulatory penalties and its push to re-enter the U.S. market, including promising an audit of promotional content.

via Yahoo Finance|

#blockchain #business #fake-bets

politics2 months ago•103 min saved

WSJ Editorial Slams Trump Iran Deal as US Weakness

The Wall Street Journal’s editorial board harshly criticized Trump for defending his Iran deal, calling it a sign of U.S. weakness and suggesting Washington could have countered Tehran’s pressure more effectively. The piece argues the agreement was reached from a position of vulnerability, warns that Tehran could leverage the Strait of Hormuz in future negotiations, and notes the Iran conflict has cost the U.S. about $132 billion, contributing to higher oil prices and pressing Pentagon funding discussions as lawmakers debate war-related expenditures.

via The Daily Beast|

#donald-j-trump #iran #iran-war

technology2 months ago•4 min saved

iPhone 18 Pro Could Kick Off Around $1,399 Amid Rising Component Costs

WSJ, citing TechInsights, estimates the iPhone 18 Pro will start around $1,299–$1,399 due to higher RAM, storage, and camera costs, with Pro Max and Ultra priced higher; Apple would preserve margins, and additional pricing details are expected at the September launch.

via 9to5Mac|

#apple #iphone-18-pro #price-increases

politics2 months ago•102 min saved

Vance’s Communion Stumbles Under Online Backlash and WSJ Critique

JD Vance's memoir Communion: Finding My Way Back to Faith launched amid a 2028 election–style push, but quickly drew a harsh reception: dozens of one-star Goodreads reviews questioning his grasp of Christianity, and a Wall Street Journal critique calling the book “egregious sloppiness” and a blend of religious memoir with campaign messaging. A prior cover controversy hasn’t slowed his publicity tour.

via The Daily Beast|

#catholicism #goodreads #jd-vance

politics2 months ago•4 min saved

Platner calls out national media over sexting reports, urging focus on policy

Maine U.S. Senate candidate Graham Platner accused The New York Times and The Wall Street Journal of 'journalistic malpractice' after reports that his wife told him he sexted with up to a dozen women after marrying in 2023 and that he had a Kik messaging profile, insisting the race should be decided on policy not sensational allegations.

via The Portland Press Herald|

#graham-platner #new-york-times #politics

local-news2 months ago•27 min saved

Platner Defends Against Sexting Rumors, Calls Coverage Gossip and Journalistic Malpractice

Graham Platner responded to a Wall Street Journal report alleging he sent explicit text messages to multiple women, calling the piece gossip intended to distract from his policy platform and labeling the coverage as journalistic malpractice.

via WMTW|

#gossip #graham-platner #journalistic-malpractice

politics3 months ago•2 min saved

Trump Files Fresh $10B Defamation Case Against WSJ Over Epstein Report

Donald Trump has refiled a defamation suit seeking at least $10 billion against the Wall Street Journal and related entities for reporting on his alleged ties to Jeffrey Epstein, arguing a birthday-card claim attributed to him was fake; the case, filed in Miami federal court, follows a prior dismissal for failing to show actual malice and is part of a broader pattern of Trump pursuing media outlets.

via The Guardian|

#defamation #jeffrey-epstein #lawsuit