Amazon Opens a Second Cloud-Computing Center in China 
 

Amazon.com opened a second cloud-computing data-center complex in China on Tuesday, underlining the importance of the market to its cloud-computing unit, Amazon Web Services.

 
Mall Operator Westfield Agrees to Takeover Bid Valuing It at $15.7 Billion 
 

Westfield, the Australia-based operator of shopping malls in the U.S., said it agreed to a takeover offer from European property company Unibail-Rodamco valuing it at $15.7 billion.

 
Toshiba and Western Digital Resolve Dispute Over Chip Unit 
 

Toshiba and Western Digital agreed to settle a dispute over the Japanese company's planned sale of its memory-chip unit, clearing a major hurdle to the nearly $18 billion deal.

 
Toshiba and Western Digital Should Gain From Burying the Hatchet 
 

Settling a dispute over the planned sale of Toshiba's memory-chip business will give both companies more firepower to invest as industry competition intensifies.

 
Passport Capital to Shut Flagship Hedge Fund 
 

John Burbank's Passport Capital, famed for its profitable bets against subprime housing ahead of the financial crisis, will shutter its flagship fund after persistent losses, according to a letter to investors.

 
Thai Tycoon Makes Frothy Offer for Stake in Vietnam's Largest Beer Maker 
 

One of Thailand's richest tycoons is looking to buy a quarter of Vietnam's largest beer maker in a deal worth at least $2.25 billion, making his company the sole bidder wanting to buy a substantial stake.

 
Comcast No Longer Reviewing Deal for 21st Century Fox Assets 
 

Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.

 
Retail Chain Charming Charlie Seeks Bankruptcy Protection 
 

Accessories retail chain Charming Charlie LLC has sought bankruptcy protection with plans to keep stores open throughout the holiday season.

 
Apple Acquires Shazam and Its Song-Recognition App 
 

Apple has acquired Shazam Entertainment, giving it one of the popular song-recognition apps at a time the iPhone maker is looking to boost its music-subscription service.

 
Icahn to Launch New Board Fight With Xerox 
 

Activist investor Carl Icahn plans to launch a new board fight with Xerox in an attempt to change management of the company, his second offensive against the copy-machine maker in a roughly two-year span.

 
 

(END) Dow Jones Newswires

December 12, 2017 03:00 ET (08:00 GMT)

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