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REFILE-PRESS DIGEST-Wall Street Journal - June 17

ReutersJun 17, 2025 7:05 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.

- Oracle is unveiling a program that it says will help vendors more easily sell technology, including artificial intelligence, to the Department of Defense.

- US Commerce Department officials weighed new export limits on critical technology going to China ahead of recent trade talks in London, adding to the Trump administration’s arsenal if tensions between Washington and Beijing escalate again.

- KKR said Monday it is buying Australian independent power producer Zenith from a consortium including Pacific Equity Partners, OPSEU Pension Trust and Foresight Group. Zenith’s founder and management will retain a minority stake.

- Japanese giant Mitsubishi 8058.T is in talks to acquire assets owned by U.S. natural-gas producer Aethon Energy Management for about $8 billion, according to people familiar with the matter.

- Crypto billionaire Justin Sun’s Tron group, SRM Entertainment SRM.O will go public through a reverse merger with a small Nasdaq-listed toy company, the latest move by the Chinese-born tycoon to bring his digital-currency empire to the U.S.

- OpenAI wants to loosen Microsoft’s MSFT.O grip on its AI products and computing resources, and secure the tech giant’s blessing for its conversion into a for-profit company. Microsoft’s approval of the conversion is key to OpenAI’s ability to raise more money and go public.

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