Some of Wednesday’s top business news stories:
The Associated Press
Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules, by Matt O’Brien
Amazon pushes back against Europe’s pioneering new digital rules, by Kelvin Chan
CNN
Google hit with lawsuit alleging it stole data from millions of users to train its AI tools, by Catherine Thorbecke
The BBC is unflinching in its coverage of the scandal facing one of its top anchors, by Oliver Darcy
The Wall Street Journal
KPMG Plans $2 Billion Investment in AI and Cloud Services, by Mark Maurer
Washington Post Hires Revenue Chief After Leadership Exodus, by Alexandra Bruell
CNBC
Buy Buy Baby stores set to shutter as Go Global’s deal to save chain falls apart at eleventh hour, by Gabrielle Fonrouge
Boeing delivers 60 airplanes in June, racks up hundreds of new orders with Air India deal, by Leslie Josephs
Reuters
27% of jobs at high risk from AI revolution, says OECD
JPMorgan plans to lay off 63 employees in Jersey City, by Nupur Anand
News about business journalism:
WSJ names McGinty its science bureau chief
The Verge hires David to cover artificial intelligence
Morning Brew is ending its “Money Scoop” newsletter
Massa joins the wealth team at Bloomberg
O’Connor joins FTAdviser as senior reporter
Gizmodo breaking news reporter Leffer departs
Huge CTV layoffs, new biz tech move at CBS, Fox Weather’s on air host
‘There will be little left of Canadian journalism to save’: CTV News parent lays off 1300