Facebook's Lax Data Policies Led to Cambridge Analytica Crisis

Facebook's loose approach to policing how app creators and others deployed its user data persisted for years, including after a 2015 effort by the social network to restrict access, according to court records and people familiar with the social-media giant.

 
Spotify to Make Less Than a Third of Company Available on First Trading Day

When Spotify's shares begin trading April 3, less than one-third of them will be available for sale, a move designed in part to prevent a deluge of shares from instantly hitting the market in the streaming service's unusual initial public offering.

 
Ex-Uber CEO Travis Kalanick's Next Act: Real-Estate Development

Ex-Uber CEO Travis Kalanick is investing $150 million into a distressed real-estate outfit and becoming its CEO.

 
Nordstrom Ends Buyout Talks With Founding Family

A special committee of Nordstrom Inc.'s board of directors has terminated discussions with members of the founding Nordstrom family who were trying to take the company private.

 
James Packer Steps Down From Crown Board Amid Mental-Health Issues

Australian billionaire James Packer has resigned from the board of casino operator Crown Resorts as he struggles with mental-health issues, according to a spokesperson for his investment company.

 
Senators Press Car Executives, Regulator on Explosive Air Bags

Senate lawmakers pressed regulators and automotive executives on lagging repairs of rupture-prone air bags, bemoaning the pace of an unprecedented recall of devices linked to numerous deaths and injuries.

 
Toyota to Temporarily Halt Driverless-Car Testing in U.S.

Toyota Motor said Tuesday it would suspend certain autonomous-vehicle testing operations on public roads after an Uber Technologies self-driving car struck and killed a pedestrian in Arizona.

 
Joseph Wolk to Succeed Dominic Caruso as Johnson & Johnson CFO

Johnson & Johnson Chief Financial Officer Dominic Caruso will retire in September, the health-products giant said. Joseph Wolk will succeed him.

 
Salesforce Reaches Deal to Buy Cloud-Application Builder MuleSoft

Salesforce.com is buying MuleSoft in a deal valuing the firm at $6.5 billion as Salesforce adds technology to help customers tap data from older computer systems as they move to the cloud.

 
AT&T-Time Warner Trial Tip-Off Postponed by Snow

Forecasts of snow in the U.S. capital prompted a federal judge to push back to Thursday the opening arguments in the long-awaited antitrust trial of AT&T Inc. and Time Warner Inc.

(END) Dow Jones Newswires

March 20, 2018 21:15 ET (01:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.