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PRESS DIGEST - Wall Street Journal - August 8

ReutersAug 8, 2025 5:03 AM

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump demanded the immediate resignation of new Intel INTC.O CEO Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon.

- Australia's Iress IRE.AX confirmed that it was in early stages of discussion with Blackstone BX.N and Thoma Bravo for a potential offer for the financial software firm.

- Walt Disney DIS.N has resolved a legal dispute with actor Gina Carano over her firing from the "Star Wars" streaming TV series "The Mandalorian".

- Meta's META.O 'TBD Lab' is spearheading work on the latest version of Llama, the large language model that is Meta's answer to ChatGPT.

- U.S. President Trump signed a pair of executive orders intended to make it easier for Americans to invest their retirement savings in assets such as private equity, cryptocurrency and private real estate.

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