The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of S...
Readers Can’t Get Enough of BookTok. Publishers Are Cashing In.
BookTok, the corner of TikTok that’s all about books, has shaken up the publishing world. Over the last few years, the platform has pulled in new readers, especially in the romance and fantasy genres. And now some of the largest publishers in the U.S. are finding new talent and rethinking their strategies because of TikTok. We hear from an author, a bookstore owner and a publisher about how TikTok has transformed the book industry.
Further Listening:
-The Rise of the Tween Shopper
-Inside One Publisher’s Fight Against Book Bans
-Scholastic's Succession Drama
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29:29
Why GM Is Giving Up on Cruise Robotaxis
After nearly a decade and $10 billion in development, General Motors is ending its robotaxi program. WSJ’s Christopher Otts explains why Cruise wasn’t working for the legacy car company.
Further Reading:
-General Motors Scraps Cruise Robotaxi Program
-GM’s Self-Driving Car Unit Skids Off Course
Further Listening:
-How Waymo Won Over San Francisco
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19:22
The Chip Business Is Booming. Why Isn’t Intel?
Intel—the company whose chips were “inside” your ‘90s desktops—has fallen behind in recent years. Now, the CEO hired to turn things around is suddenly out. WSJ’s Asa Fitch explains how the once-dominant chip brand lost its edge.
Further Reading:
- He Was Going to Save Intel. He Destroyed $150 Billion of Value Instead.
- Intel Co-CEOs Outline Strategy Following Pat Gelsinger’s Ouster
Further Listening:
- America’s Answer to the Chip Shortage
- Why Washington Went to Wall Street to Revive the Chips Industry
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20:12
The Suspected Russian Plot to Set Airplanes on Fire
Since the war in Ukraine began, strange attacks have been happening across Europe, including a plot to set DHL packages on fire. WSJ’s Bojan Pancevski on Russia’s escalating shadow war in Europe.
Further Reading:
-Chinese Ship’s Crew Suspected of Deliberately Dragging Anchor for 100 Miles to Cut Baltic Cables
-Russia Suspected of Plotting to Send Incendiary Devices on U.S.-Bound Planes
-The Misfits Russia Is Recruiting to Spy on the West
Further Listening:
-Elon Musk’s Secret Conversations with Vladimir Putin
-How Ukraine Built a Weapon to Control the Black Sea
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20:56
The Biggest Supermarket Merger That Wasn’t
This week, a federal judge blocked a proposed $20-billion merger between the U.S.’s two largest supermarket chains, Kroger and Albertsons. WSJ’s Patrick Thomas reports on what happened in the trial, why the two chains turned on one another and what’s next for the grocery business.
Further Listening:
- The Fight for 7-Eleven
- Why the FTC is Challenging a $25 Billion Supermarket Merger
Further Reading:
- Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
- Kroger-Albertsons Merger Blocked by Court, Handing Victory to Biden Antitrust Enforcers
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The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.
Get show merch here: https://wsjshop.com/collections/clothing
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