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WSJ What’s News

China-Backed Hackers Use Anthropic AI to Automate Cyberattacks

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 13 November 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

P.M. Edition for Nov. 13. AI startup Anthropic said China’s state-sponsored hackers used its tools to automate cyberattacks against corporations and governments. WSJ’s Sam Schechner reports on the inflection point for hackers’ use of AI. Disney’s shares fell after a quarterly earnings report that fell short of Wall Street’s expectations. And California is eyeing a first-of-its-kind tax on billionaires. WSJ’s Paul Kiernan unpacks the ballot initiative for a wealth tax that’s already run into steep opposition. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:22.8

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0:33.3

In California, there's a push for an unprecedented wealth tax on billionaires.

0:38.8

Plus, an inflection point in hackers using AI to automate dozens of attacks on governments and corporations.

0:45.8

It's an arms race, really, between AI companies and people who would misuse them.

0:51.3

And, Verizon plans to cut roughly 15,000 jobs in its largest reduction ever.

0:57.9

It's Thursday, November 13th.

0:59.9

I'm Sabrina Siddiqui for the Wall Street Journal, sitting in for Alex Oslo.

1:03.6

This is the PM edition of What's News, the top headlines and business stories that move the world today.

1:16.4

Thank you. headlines and business stories that move the world today. We exclusively report that Verizon is planning to cut roughly 15,000 jobs in its largest

1:22.1

reduction ever. That's according to people familiar with the matter. The cuts are likely

1:27.0

going to happen next week, and most of them will be layoffs.

1:30.3

The company also plans to turn about 200 stores into franchises, moving employees off its payroll.

1:36.7

Verizon is the largest U.S. telecom company when you're going by subscribers, but it's struggling

1:41.3

to hold on to customers in both the wireless and home internet

1:44.5

markets. Last month, the company named a new CEO, Dan Shulman, who is the former chief

1:50.0

executive of PayPal and Virgin Mobile USA. He has said he would aggressively reduce the company's cost

1:55.8

base and take steps to reverse the customer losses. In other tech and media news, Disney's stock fell more

2:02.8

than 7% today after lackluster quarterly results that fell short of Wall Street expectations.

2:08.8

Revenue was basically flat and a key operating profit measure dropped 5%. The company's parks and

2:15.1

streaming businesses posted profit gains, but investors remain worried

2:18.8

about Disney's ability to manage the transition from traditional TV to streaming and to execute

...

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