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PRESS DIGEST – Wall Street Journal – July 29

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July 29 (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.

– Eastman Kodak Co will get a $765 million U.S. government loan under the Defense Production Act to help expedite domestic production of drugs that can treat a variety of medical conditions and loosen the U.S. reliance on foreign sources. https://on.wsj.com/39Nhqtr

– Facebook Inc’s Instagram has offered financial incentives to TikTok users with millions of followers to persuade them to use a new competing service, an escalation in a high-stakes showdown between the two social-media giants. https://on.wsj.com/3358u0Q

– The chief executives of four of the world’s largest tech companies, Amazon.com Inc’s Jeff Bezos, Apple Inc’s Tim Cook, Facebook Inc’s Mark Zuckerberg and Alphabet Inc’s Google’s Sundar Pichai, are set to appear before the House Antitrust Subcommittee investigating the market dominance of online platforms. https://on.wsj.com/2CNT72s (Compiled by Bengaluru newsroom)

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