PRESS DIGEST - Wall Street Journal - Jan 8

Reuters01-08

Jan 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.

- Amazon.com on Tuesday said that its cloud computing division Amazon Web Services (AWS) plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies.

- Getty Images and Shutterstock are merging in a $3.7 billion deal to address growing demand for licensed content amid AI-driven changes, with Getty shareholders retaining 54.7% of the combined company.

- AI startup Anthropic is nearing a $2 billion funding round led by Lightspeed Venture Partners, valuing the company at $60 billion - more than triple its valuation from last year.

- Goodyear has agreed to sell its Dunlop brand to Japan's Sumitomo for $701 million in cash as part of a plan to streamline its business.

- Mark Zuckerberg said Meta will end fact-checking and lift speech restrictions on Facebook and Instagram, framing the move as a push for free expression ahead of Donald Trump's second presidency.

- U.S. Commodity Futures Trading Commission chair Rostin Behnam will step down on Jan. 20, as the derivatives regulator prepares for a second Trump term, ending his tenure that began in 2022.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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