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PRESS DIGEST- Wall Street Journal - Oct. 21

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Oct 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. health regulators significantly widened the nation’s Covid-19 booster campaign, clearing use of extra doses of Moderna Inc and Johnson & Johnson vaccines and also saying people can get a shot that is different from what they had previously received. (https://on.wsj.com/3E6JVAd)

- PayPal Holdings Inc is in talks to buy social-media platform Pinterest Inc according to people familiar with the matter, a move that could enable the payments giant to play a bigger role in a customer’s shopping experience. (https://on.wsj.com/3pr2g6L)

- Exxon Mobil Corp's remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a fast-changing energy landscape, according to people familiar with the matter. https://on.wsj.com/3nh4AKQ

- The UK's competition regulator fined Facebook Inc 50.5 million British pounds, equivalent to $69.6 million, alleging it breached reporting requirements during a continuing review of its proposed takeover of Giphy, a provider of animated images for use in social media. (https://on.wsj.com/3GhCYOH)

- The District of Columbia's attorney general is seeking to hold Facebook Inc Chief Executive Mark Zuckerberg personally liable in a lawsuit stemming from the 2018 Cambridge Analytica scandal, in what the district said was a novel legal action against the social-media giant. (https://on.wsj.com/3jku9tk)

- Former President Donald Trump unveiled a new digital-media venture Wednesday and said it would go public by merging with a special-purpose acquisition company. Trump Media & Technology Group will create a social network called Truth Social to fight companies such as Facebook Inc and Twitter Inc, the Trump company said. (https://on.wsj.com/3jlr8cr)

(Compiled by Bengaluru newsroom)

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