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WSJ Tech News Briefing

TNB Tech Minute: Binance Names Co-Founder Yi He as Co-CEO

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 3 December 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Svedka’s first Super Bowl ad will be made primarily with AI. And Energy Secretary Chris Wright says the AI data-center boom will drive down power costs. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Deloitte expects the space economy to reach $2 trillion by 2035.

0:04.6

Jason Garzatus, CEO of Deloitte U.S., says that growth is fueled by data and its application

0:09.6

for businesses across industries.

0:11.3

What's exciting is that the data and the analytic and the commercial application of the data

0:16.1

will move to be more mainstream.

0:18.7

It will be something that organizations of any size can benefit from

0:22.3

the data that's being emitted from space that could be pertinent to their operation. Visit Deloitte.com

0:26.9

to learn how the space economy is creating new opportunities. Here's your morning TNB Tech Minute

0:33.5

for Wednesday, December 3rd. I'm Julie Chang for the Wall Street Journal.

0:44.0

Binance, the world's largest crypto exchange has named co-founder E.E. as its co-CEO.

0:49.7

E. led the strategy to develop the company from a crypto-to-crypto trading platform into a global blockchain ecosystem. She will take the helm alongside CEO Richard Tang. She currently serves as the

0:55.8

company's chief customer services officer. In a post on X, Binance said Ewe will guide the company

1:01.2

through its next phase of development as it aims to reach 1 billion users. According to the company,

1:07.4

it currently has close to 300 million users. Binance handles $65 billion

1:13.3

in average daily volumes. Former CEO Champeng Zhao stepped down in 2023 after Binance was fined

1:20.1

$4.3 billion for violating U.S. anti-money laundering requirements. Svetka Vodka's first Super Bowl commercial will be made primarily with

1:29.9

AI. The tech will be used to feature the company's old FemBot mascot in the ad, which it brought back

1:36.0

this fall after more than 10 years in retirement. Spirits company Sazirac acquired Svetka earlier this

1:42.2

year. Sazarek's chief marketing officer said the brand's Super Bowl debut is meant to introduce

1:47.6

Svetka to new customers and rebuild its brand equity with others.

1:51.9

The use of AI in advertising has at times triggered anger or disdain from some ad industry employees

1:57.4

and consumers.

...

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