Luke Vargas

Advertising accounted for 97% of Meta's overall revenue last year and funds its multi-billion dollar investments in AI chips, data centers and for training AI models. Coming up, Journal reporter Vicky Gehuang joins us from a major Bitcoin summit in Las Vegas as the crypto industry basks in its newfound sway in Washington, though not everyone is on board. We've got that story after the break.

Advertising accounted for 97% of Meta's overall revenue last year and funds its multi-billion dollar investments in AI chips, data centers and for training AI models. Coming up, Journal reporter Vicky Gehuang joins us from a major Bitcoin summit in Las Vegas as the crypto industry basks in its newfound sway in Washington, though not everyone is on board. We've got that story after the break.

What do Vice President J.D. Vance, Eric and Donald Trump Jr. and Trump 2024 Campaign Co-Manager Chris LaCivita have in common? Well, besides their political convictions, they were all speakers at last week's Bitcoin Conference in Las Vegas.

What do Vice President J.D. Vance, Eric and Donald Trump Jr. and Trump 2024 Campaign Co-Manager Chris LaCivita have in common? Well, besides their political convictions, they were all speakers at last week's Bitcoin Conference in Las Vegas.

Journal reporter Vicky Gehuang was there as the crypto industry, long rooted in libertarian ideas and a skepticism of government, showed off its now close embrace of the president. Vicky, erzähl uns über diese Veränderung. Die Industrie ging wirklich von der politischen Wildnis nach einer großen Power-Base in Washington.

Journal reporter Vicky Gehuang was there as the crypto industry, long rooted in libertarian ideas and a skepticism of government, showed off its now close embrace of the president. Vicky, erzähl uns über diese Veränderung. Die Industrie ging wirklich von der politischen Wildnis nach einer großen Power-Base in Washington.

Vicky, have there been any growing pains though that come with that? Folks who are maybe a little bit uncertain about being so much in the spotlight in Washington?

Vicky, have there been any growing pains though that come with that? Folks who are maybe a little bit uncertain about being so much in the spotlight in Washington?

And yet, I imagine for many of the participants there, it's been hard to ignore the benefits, whether they're regulatory or otherwise, of cryptos new sort of centrality on the political agenda. And it looks like there's more to come on that front.

And yet, I imagine for many of the participants there, it's been hard to ignore the benefits, whether they're regulatory or otherwise, of cryptos new sort of centrality on the political agenda. And it looks like there's more to come on that front.

And that's it for What's News for this Monday morning. Today's show was produced by Kate Bollivant. Our supervising producer was Daniel Bach. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show. Until then, thanks for listening.

And that's it for What's News for this Monday morning. Today's show was produced by Kate Bollivant. Our supervising producer was Daniel Bach. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show. Until then, thanks for listening.

Wir machen eine kulinarische Reise.

Wir machen eine kulinarische Reise.

The Trump administration says nothing's changed in its trade talks after a court setback for the president's tariffs. Plus, Google and the Justice Department ready closing arguments in a landmark antitrust case. And we'll get the latest on aid distribution efforts in Gaza as a new ceasefire push falters.

The Trump administration says nothing's changed in its trade talks after a court setback for the president's tariffs. Plus, Google and the Justice Department ready closing arguments in a landmark antitrust case. And we'll get the latest on aid distribution efforts in Gaza as a new ceasefire push falters.

It's Friday, May 30th. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News, the top headlines and business stories moving your world today. Top US-Officials say that trade negotiations with foreign capitals remain on course, despite a ruling by a federal court that found that President Trump's sweeping global tariffs were illegal.

It's Friday, May 30th. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News, the top headlines and business stories moving your world today. Top US-Officials say that trade negotiations with foreign capitals remain on course, despite a ruling by a federal court that found that President Trump's sweeping global tariffs were illegal.

That ruling is on hold after the administration argued in a filing that it, quote, jeopardizes ongoing negotiations with dozens of countries by severely constraining the president's leverage.

That ruling is on hold after the administration argued in a filing that it, quote, jeopardizes ongoing negotiations with dozens of countries by severely constraining the president's leverage.