PRESS DIGEST - Wall Street Journal - Feb 10

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 10 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Robert Iger's plans for reshaping Walt Disney Co came into sharper focus Thursday, as the company detailed plans for a reorganization of its entertainment operations and signaled it could explore a sale of streaming platform Hulu. - PayPal Holdings Inc Chief Executive Dan Schulman said he would retire from the company at the end of 2023, ending a nine-year run atop the payments giant. - Payward Inc's Kraken platform on Thursday agreed to stop offering so-called crypto staking services in the U.S. and pay $30 million in penalties to the SEC. - Former Vice President Mike Pence has been subpoenaed by special counsel Jack Smith, who is looking into efforts by former President Donald Trump and his allies to overturn the results of the 2020 presidential election, people familiar with the matter said Thursday. - Yahoo Inc will lay off 20% of its workforce by the end of the year, with nearly 1,000 positions being eliminated this week, the company said Thursday. - News Corp said it expects to reduce head count 5% this year amid economic challenges, as the media company reported lower quarterly revenue despite continued growth at Wall Street Journal parent Dow Jones & Co. (Compiled by Bengaluru newsroom)

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