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WSJ Tech News Briefing

TNB Tech Minute: Amazon Invests Billions in Australian Data Centers

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 16 June 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Southwest Airlines adds pilot alerts to increase runway safety. And, crypto tycoon Justin Sun takes Tron Group public via reverse merger. Victoria Craig hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Here's your TNV Tech Minute for Monday, June 16th. I'm Victoria Craig for

0:35.7

the Wall Street Journal. Amazon said it will allocate

0:38.5

$13 billion to expand its data center infrastructure in Australia as it looks to meet the boom

0:44.4

in global demand for AI computing. The Tech Titan said the investment, which is the biggest

0:49.6

publicly announced investment from a global tech provider, will strengthen the nation's cloud computing

0:54.6

and AI capabilities. To support the expansion, Amazon said it's also investing in three new

1:00.2

solar farms. Elsewhere, Southwest Airlines is adding a new cockpit alert system to help pilots

1:06.1

avoid dangerous situations. The system, designed by Honeywell, delivers verbal warnings and text alarms

1:12.2

if a pilot is about to use the wrong runway or take off from or land on a taxiway. Those alerts are

1:18.6

similar to car warning systems that detect other cars in blind spots or alert a driver if they're

1:23.8

about to back into another car. The new system comes after carriers navigated close calls

1:28.6

at U.S. airports in recent years. And finally, crypto-billionaire Justin's son will take his

1:34.2

Tron Group public through a reverse merger with a small NASDAQ listed toy company.

1:39.6

SRM Entertainment will be renamed Tron, and Sun has been named an advisor to the company.

1:45.3

Today's announcement comes after Sun attended a dinner last month with President Trump,

1:49.9

a gala thrown for the biggest shareholders of his meme coin.

...

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