WSJ Tech News Briefing

Plus: Researchers say they found issues in Apple security using Anthropic's Mythos AI. And Foxconn reports strong first quarter results, driven by AI hardware sales. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: some hedge funds are making big bucks from chipmaker and AI hardware stocks. And Cisco Systems is cutting thousands of jobs to free up cash for AI spending. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Meta introduces new incognito chat option for its AI model. And Netflix secures three more football games in new deal with NFL. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Meta offers WhatsApp tool to AI rivals for free to appease EU regulators. And Tencent doubles down on AI. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Tesla will invest $250 million into its German factory for EV battery cell production. And SAP unveils a unified AI platform for enterprise. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: EBay rebuffs GameStop's unsolicited $56 billion takeover bid. And the European Union eyes tighter restrictions for minors on social media. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some OpenAI employees are cashing out for millions before the company has even gone public. WSJ reporter Berber Jin explains how the AI boom is creating unprecedented wealth in Silicon Valley through private share sales. Plus, Wall Street is finding AI winners in some unexpected places. WSJ reporter Jared Mitovich breaks down why investors are piling into everything from construction companies to Japanese toilet makers as the AI build-out booms. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Cerebras boosts target IPO price, seeking to raise $4.8 billion. And Circle raises $222 million from institutional investors through new token. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Prosus sells partial stake in Delivery Hero for nearly $395 million. And unemployment is on the rise in the information technology job sector. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Nintendo projects softer year ahead and lower Switch 2 sales. And shares of cloud infrastructure company Akamai jump. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Sony projects double-digit earnings for the new fiscal year despite sharp fourth-quarter losses. And the International Monetary Fund warns that AI-powered cyberattacks could cause major market disruptions. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

As AI transforms the labor market, some economists and tech leaders are pushing for a new kind of tax. WSJ reporter Katie Bindley explains the growing debate over taxing the computing power behind artificial intelligence. Plus, what happens when new tech rocks the boat? WSJ contributor Ken Wells explains how high-tech gadgets are making waves in the competitive fishing world. Imani Moise hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Shares for national-security satellite company HawkEye 360 jump in their public-market debut. And Amazon Pharmacy expands access to weight management services. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Roche buys PathAI for $1.05 billion. And ChatGPT app publishing surges. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: New Disney CEO's long-term vision for the company centers on tech. And Instacart posts higher revenue, saying customers are shopping more at value retailers. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Nvidia invests $500 million in glassmaker Corning to boost AI infrastructure. And Uber reports higher revenue from growing trip volume and active users. Iman Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: PayPal to cut 20% of staff. And shares of Palantir slide despite record quarterly revenue and profit. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The U.S army pushes defense contractors to open up software to new tools. And Coinbase lays off 14% of workforce in AI push. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some of the biggest names in tech are back in court this week for the blockbuster trial between Elon Musk and OpenAI. The Wall Street Journal's Angel Au-Yeung joins us to explain Musk's allegations against OpenAI CEO Sam Altman and President Greg Brockman, and to break down what could happen if Musk wins. Plus, we go inside the robotaxi rollout with the Journal's Sean McLain. Peter Champelli hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: UPS and FedEx stocks slide following Amazon news. And shares of BlackBerry rise after software spotlight. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Chip startup Cerebras Systems sets IPO price. And GameStop makes an unsolicited $56 billion offer to buy eBay. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Cboe Global Markets slashes 20% of staff. And Morgan Stanley analysts say Rivian's Gen 3 delay could cost it near-term demand. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Elon Musk's more than $158 million pay package. And Apple reports strong iPhone sales. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Department of Homeland Security is spending hundreds of millions of dollars on tools that give federal agents easy access to personal data and whereabouts of millions of people. WSJ investigative reporter Hannah Critchfield explains the latest on the technology, and how it's being deployed. Plus, WSJ Supreme Court reporter James Romoser joins to break down the battle over whether geofence warrants are an unconstitutional invasion of privacy. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Sports streamer DAZN agrees to buy tech company ViewLift for $100 million. And the U.S. Senate has banned its members from trading on prediction markets. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Meta Platforms, Alphabet, Microsoft and Amazon reported earnings with big boosts in AI revenue. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Chinese automaker Geely reports weaker bottom line while core profit grew. And Goldman Sachs and Bain Capital Ventures lead investment in AI marketing startup. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Elon Musk takes the stand against OpenAI. And the EU says Meta needs to do more to protect minors. Imani Moise hosts.B Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Spotify added first quarter subscribers, but its outlook underwhelmed investors. And the FDA wants to use AI to speed up drug trials. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Australians latest push to get tech companies to pay local media outlets. And BYD's quarterly profit slides 55% as domestic competition ramps up. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Quantum computing companies are rushing to market, pitching a not-yet-ready technology as the next AI boom. WSJ technology reporter Isabelle Bousquette takes us behind the hype. Plus, tech companies are cutting tens of thousands of jobs while pouring billions into AI. WSJ columnist Dan Gallagher breaks down why trading employees for computing power could have some risks. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: a federal regulator is suing New York state to block its attempts to crack down on prediction markets. And Elon Musk's lawsuit against OpenAI is set to start today. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: China bans Meta's acquisition of AI startup Manus. And a court in Taiwan hands down prison sentences for stealing TSMC trade secrets. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Google plans to expand its investment in Anthropic. And Thrive Capital's new strategy includes taking a stake in the San Francisco Giants. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Meta signs a multibillion dollar deal with Amazon to power AI goals. And China's DeepSeek unveils its long-awaited new model. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some Tesla owners with outdated hardware are suing the EV maker for overpromising and underdelivering on its promise of self-driving vehicles. WSJ's Becky Peterson gives us a rundown on how Tesla's priorities are shifting gears, and what that means for customers. Plus, can software companies survive an AI apocalypse? Tech reporter Sebastian Herrera tells us why Salesforce's CEO is pushing back against investor skepticism. Imani Moise hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: America's first commercial nuclear-power projects in a decade break ground. And Microsoft offers voluntary buyouts to 7% of U.S. workforce. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: A $10 billion startup is facing a wave of class action lawsuits following a data breach. And Apple supplier STMicroelectronics reports surging sales on AI demand. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Anthropic investigates report of "unauthorized access" to its Mythos AI model. And energy company GE Vernova lifts yearly outlook on surge from data center demand. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Florida officials launch criminal investigation into OpenAI over ChatGPT's role in mass shooting. And a Tesla supplier unveils new fast-charging electric vehicle batteries. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The U.K.'s communications services watchdog investigates Telegram over child safety. And the head of Dutch military intelligence says China's cyberspying targets western defense industry. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: OpenAI is working with consulting firms to sell its AI coding tool to businesses. And Amazon has struck a new $5 billion investment deal with Anthropic. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices