Once a titan in the tech industry, Intel is now trying to climb out of what its CEO describes as a “mud hole.” Rivals from Taiwan and South Korea have overtaken the semiconductor company in advanced chip making, and would-be Intel customers have backed away from projects. WSJ’s Asa Fitch unpacks the stakes of Intel’s comeback plan. Further Reading: - Once Mighty Intel Struggles to Escape ‘Mud Hole’  Further Listening: - The $1 Trillion Company That Started at Denny’s  - America’s Answer to the Chips Shortage  Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Licht has stepped down as CEO of CNN, ending a short tenure that was marked by a series of missteps. WSJ’s Amol Sharma on what led to Licht’s departure and what is next for the network.  Further Reading: - CNN CEO Chris Licht Is Out After Chaotic Year Atop News Network  - Top CNN Anchors Criticize CEO Chris Licht’s Leadership  Further Listening: - The Quick End to CNN+  - The Shock Exit of CNN’s President  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Securities and Exchange Commission filed lawsuits against Binance and Coinbase— two of the biggest crypto exchanges. WSJ’s Caitlin Ostroff discusses the allegations and the potential impact on the global crypto ecosystem.  Further Reading: - SEC Says Binance Misused Customer Funds, Ran Illegal Crypto Exchange in U.S.  - SEC Sues Coinbase, Alleges It Is Unregistered Broker  Further Listening: - The Rise of Binance - And The Effort to Reel It In  - The Charges Against FTX's Sam Bankman-Fried  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, Apple released its Vision Pro headset, the company’s first major new product launch in a decade. WSJ’s Joanna Stern on whether the augmented-reality headset has the potential to take a niche device for nerds into the mainstream.  Suggested Reading: -Apple Releases Vision Pro Headset, First Major New Product in a Decade  -Apple Is Breaking Its Own Rules With a New Headset  Suggested Watching: -Will the Apple Headset Blow Up?  Learn more about your ad choices. Visit megaphone.fm/adchoices

Artem Uss is a Kremlin-linked businessman accused of illegally exporting American military technology to Russia. Last October he was arrested in Italy at the U.S.’s request. Then he vanished. WSJ’s Margherita Stancati explains how he escaped. Further Reading: - How a High-Value Russian Wanted by the U.S. Escaped From Italy  Further Listening: - A WSJ Reporter Arrested in Russia  - Russian Court Upholds WSJ Reporter’s Detention  Learn more about your ad choices. Visit megaphone.fm/adchoices