PRESS DIGEST -Wall Street Journal - December 11

Reuters12-11
PRESS DIGEST -Wall Street Journal - December 11

Dec 11 (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.

- Crypto platform Gemini GEMI.O, which was founded by billionaire twins Tyler and Cameron Winklevoss, said it had received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers.

- Coca-Cola KO.N named insider Henrique Braun as its new chief executive, replacing James Quincey, effective March 31.

- Harley-Davidson HOG.N is bringing back Bryan Niketh, a company veteran, as chief operating officer, effective Jan. 5.

- United States President Donald Trump said the ownership of CNN should change regardless of which company buys Warner Bros Discovery WBD.O, as discussions over the future of the media company take center stage in Washington.

- YouTube said it will roll out new genre-based subscription plans for YouTube TV in the U.S. early next year, underscoring the platform's growing clout in the American pay-TV market and its push to lock in sports fans.

- South Korea's biggest online retailer Coupang CPNG.N said CEO Park Dae-jun has resigned, taking responsibility for a huge data breach at the company that has triggered a growing backlash in Asia's fourth-largest economy.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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