News Highlights: Top Company News of the Day
October 17 2017 - 9:15PM
Dow Jones News
Baidu Plans Fully Self-Driving Bus in China Next Year
Chinese search giant Baidu Inc. is pushing aggressively ahead
with autonomous vehicles, its chief executive said, including plans
to release a fully self-driving bus in China next year.
Qualcomm Says NXP Deal on Track, As it Accelerates in Driverless Tech
Qualcomm Inc. said its $39 billion acquisition of NXP
Semiconductors NV is on schedule to close by the end of the year,
paving the way for it to be a major player in autonomous
driving.
Entrepreneurs Eye Africa As Tech's Next Frontier
Two entrepreneurs working in Africa said the continent is one of
the few remaining frontiers for the technology industry-but that's
changing.
Technology Key to Solving Urban Inefficiencies, Cisco Says
Cities can more efficiently conduct parking, waste management,
commuting and energy consumption, to name a few, all through the
use of technology including connected sensors, said Cisco CEO Chuck
Robbins
SEC Sues Rio Tinto, Two Former Executives
U.S. regulators sued Rio Tinto PLC and two former top executives
over claims they misled investors about the value of Mozambique
coal assets obtained in a disastrous acquisition that caused huge
losses for the global mining giant.
Samsung Predicts Tech Will Next Transform the Home
Samsung Electronics Co. is betting that the next domain to be
transformed by technology will be the home, and it is increasingly
investing in artificial intelligence and software startups to
stitch together a network of smart appliances.
The Other Brother: Bob Weinstein Was an Abusive Boss
Bob Weinstein hasn't been accused of the kind of sexual
misconduct that led to the ouster of his brother from the
production company they jointly ran. Instead, according to multiple
former employees and business associates, he was a volatile and
bullying executive.
Cloudflare, CrowdStrike CEOs Spar Over Future of Cybersecurity Business
Two prominent executives in the cybersecurity industry on
Tuesday debated whether the field is a long-term business-or
instead will be blended into the array of services tech giants
offer customers.
Casper Sleep Sees More Competition Ahead in Online Mattress Retailing
Online mattress retailer Casper Sleep Inc. has attracted a crowd
of competitors that offer to deliver mattresses in a box since it
began in 2013, and Casper Chief Executive Philip Krim sees more
ahead.
TPG Capital Hires Former Ford Motor CEO
Private-equity giant TPG Capital said Tuesday it hired Ford
Motor Co.'s recently ousted chief executive as a senior adviser,
adding an automobile industry veteran to its industrials practice
as it seeks to expand supply chain-related investments.
(END) Dow Jones Newswires
October 17, 2017 21:00 ET (01:00 GMT)
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