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WSJ What’s News

How Clean-Fuel Startups Went From the Next Big Thing to Money Pits

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 27 August 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for Aug. 27. Hydrogen and biofuel projects promising to wean large parts of the economy off oil and gas have sputtered. Journal Climate Finance Reporter Amrith Ramkumar says that’s threatening global climate goals. Plus, how Chinese AI developers are skirting U.S. restrictions to access Nvidia’s advanced chips. And, Mark Zuckerberg says the Biden administration was wrong to pressure Facebook to censor Covid-related content during the pandemic. Luke Vargas 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

O. C.I. is the single platform for your infrastructure, database, application development, and AI needs.

0:06.0

Do more and spend less like Uber 8 by 8 and Databrics Mosaic.

0:11.0

Take a free test drive of OCI at Oracle.com

0:14.4

slash Wall Street.

0:18.6

Mark Zuckerberg criticizes the Biden administration for pressuring it to censor COVID-related content.

0:26.0

Plus, China finds a way to access banned NVIDIA chips and what a string of failures among clean fuel startups could mean for the world's climate goals.

0:38.0

Zooming out, that's really bad news for a lot of sectors of the economy that need hydrogen and biofuels to reduce emissions.

0:45.0

It's Tuesday August 27th.

0:47.0

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News.

0:52.0

The top headlines and business stories moving your world today.

0:57.0

Meta-Ccee, Mark Zuckerberg has criticized what he says was improper White House pressure to censor

1:07.0

coronavirus-related content and said that he doesn't plan to repeat 2020 efforts to fund local elections, a practice that had drawn rebuke

1:16.2

from Republicans. In a letter to House Judiciary Committee Chairman Jim Jordan, a Republican,

1:22.4

Zuckerberg said it was wrong to bow to

1:24.8

Biden administration pressure in 2021 to restrict certain COVID-19 related

1:29.6

content on Facebook, including humor and satire, and vowed to reject any such future efforts.

1:37.0

Jordan has been targeting big tech companies in general and Zuckerberg in particular over what

1:42.4

he alleges is censorship of

1:44.2

conservative views. A White House spokesman didn't immediately respond to a

1:49.2

request for comment. The White House had previously said its discussions with social media companies aimed to promote vaccine adoption, given fears at the time that vaccine hesitancy was being driven by false information seen on Facebook.

2:03.6

Special Counsel Jack Smith is pushing to revive his prosecution of Donald Trump

2:09.1

over the former president's retention of classified documents after leaving the White House, telling an appeals court that the federal judge in Florida who tossed the case in July made a series of errors and ignored decades of precedent in doing so.

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