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PRESS DIGEST- Wall Street Journal - May 30
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PRESS DIGEST- Wall Street Journal - May 30
May 29, 2024 10:15 PM

May 30 (Reuters) - Following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

- BHP Group ( BHP ) is walking away from its roughly $50

billion takeover bid for Anglo American after failing to

convince its rival to further engage in talks on what would have

been the largest-ever mining deal.

- ConocoPhillips ( COP ) has agreed to acquire Marathon Oil ( MRO )

in an all-stock deal valued at $17.1 billion in a bid to

catch up with rivals as drillers race to secure new oil and gas

wells.

- Google has committed $2 billion in investments in

Malaysia, including building its first data center, a new Google

Cloud region and further developing artificial intelligence.

- Meta Platforms ( META ) said its security team took down a

network of hundreds of fake accounts on Facebook and Instagram

linked to an Israeli technology firm that apparently used

AI-generated comments to praise Israel and criticize campus

antisemitism.

- Netflix ( NFLX ) is developing new music-competition

shows in the image of long-running broadcast hits like "American

Idol" and "The Voice."

(Compiled by Bengaluru newsroom)

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