Tencent Teams Up With JD.com to Take on Alibaba

In an escalating battle between China's dominant internet giants, Tencent has teamed up with JD.com, Alibaba's main e-commerce competitor, to buy a stake in the No. 3 online retail player.

 
Humana and PE Firms in Talks to Buy Kindred Healthcare

Humana is in advanced talks to join with two private-equity firms in a deal to acquire home-care provider Kindred Healthcare, a move that would add to a cascade of transactions aiming to bring together insurance operations with other health-care businesses.

 
Oracle to Buy Software Maker Aconex

Oracle will buy Australian project-management software provider Aconex, the latest leg in its push to take on Amazon and others in selling cloud-computing services.

 
Thales to Buy Chip Maker Gemalto

France's Thales has agreed to buy chip maker Gemalto for EUR4.8 billion in a deal that aims to create "a world leader in digital security," the companies said.

 
Deutsche Bank Was Asked for Information on Transactions Potentially Linked to Michael Flynn

Deutsche Bank has been asked by U.S. government authorities to hand over information about transactions that could be linked to former national security adviser Michael Flynn or entities connected to him, according to people familiar with the matter.

 
Exchange Giant CME Launches Bitcoin Futures

CME Group, the world's largest exchange company, launched bitcoin futures on Sunday, seeking to capitalize on the mania for the booming digital currency.

 
Bloomberg Aims to Take on CNN With Launch of TV Service on Twitter

Bloomberg Media is launching the first round-the-clock streaming television service on Twitter, as the social-media platform seeks to become a bigger player in the world of online video.

 
The Fast and the Financed: China's Well-Funded Auto Startups Race to Overtake Tesla

An ambitious group of Chinese car developers with billions in backing and a foothold in Silicon Valley are vying to become the next Tesla.

 
'Star Wars: The Last Jedi' Has Second-Highest U.S. Opening

Disney's "Star Wars: The Last Jedi" opened to $220 million in the U.S. and Canada this weekend, according to studio estimates. That is the second-biggest box office opening of all time, not counting inflation.

 
Facebook Acknowledges Some Social-Media Use Is Harmful

The company's top researcher pointed to external studies showing the negative effects of "passive" use of social-media sites to read news without interacting with anyone but said "active" use can improve well-being.

(END) Dow Jones Newswires

December 18, 2017 05:00 ET (10:00 GMT)

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