WSJ Tech News Briefing The Wall Street Journal
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Tech News Briefing is your guide to what people in tech are talking about. Every weekday, we’ll bring you breaking tech news and scoops from the pros at the Wall Street Journal, insight into new innovations and policy debates, tips from our personal tech team, and exclusive interviews with movers and shakers in the industry. Hosted by Zoe Thomas
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TNB Tech Minute: FTX Founder Sam Bankman-Fried Is Sentenced
Plus: Spotify is adding new features to promote University Music artists. And stock in software company MicroStrategy falls after a short seller said the company is overvalued. Alex Ossola hosts.
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The FTX Reboot That Never Was
In November 2022, FTX, then one of the world’s largest crypto exchanges, collapsed. The company filed for bankruptcy, and criminal cases were opened against its former CEO, Sam Bankman-Fried. He was later convicted of fraud and conspiracy and is set to be sentenced today. But in the aftermath of the collapse, the lawyers and advisers running FTX’s bankruptcy explored the possibility of rebooting the company. WSJ reporter Alexander Osipovich tells host Alex Ossola why that reboot didn’t happen—and why some people say that’s a missed opportunity.
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TNB Tech Minute: Musk’s xAI to Make Chatbot Available to All Premium X Users
Plus: Amazon deepens its stake in AI startup Anthropic. And online gambling companies draw federal scrutiny over targeting big spenders. Danny Lewis hosts.
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Behind Florida’s New Social-Media Ban
The biggest social-media platforms have tens of millions of teen users in the U.S., according to a Pew Research Center survey in October. But newly signed legislation in Florida prohibits people under the age of 14 from having social-media accounts, regardless of parental consent. It’s set to take effect on Jan. 1, 2025. WSJ reporter Sarah Needleman tells host Alex Ossola about how the new law would work and some of the challenges of implementing it.
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TNB Tech Minute: South Korean Chip Maker Plans Facility in Indiana
Plus: Amazon expands its same-day pharmacy services to New York and Los Angeles. And Tesla is promoting its advanced driver-assistance technology. Alex Ossola hosts.
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As EV Demand Slows, Startups Are at Risk
Back in 2018 and 2019, it looked like the electric vehicle boom had finally arrived. Sales of Tesla’s Model 3 sedan were taking off and a number of other startups were getting in on the action. Companies like Rivian and Lucid seemed poised to take on automotive giants like Ford and General Motors. Now, more than five years later, amid a slowdown in demand for EVs, the financial picture for these companies is less rosy. WSJ reporter Sean McLain tells host Alex Ossola how the once-buzzy companies are faring.
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