Zuckerberg Says Facebook Probe Into Apps Won't Uncover All Data Abuse

Facebook Inc.'s investigation into outsiders' handling of its users' information will help identify and deter bad actors but won't be able to uncover where all the data ended up and how it is being deployed, Chief Executive Mark Zuckerberg said in an interview.

 
Cars.com Agrees to Appoint Two Starboard Nominees to Board

Cars.com said it would appoint two of the nominees chosen by Starboard Value to its board, a month after the activist investor nominated four of its own candidates.

 
Inside J&J's Effort to Cut Costs and Drive Integration at Ad Firms WPP and Omnicom

Johnson & Johnson recently wrapped up a months-long process to review its creative agencies.

 
Blackstone Takes Minority Stake in Kohlberg & Co.

Blackstone Group LP, through its Strategic Capital Holdings Fund, has acquired a minority stake in Kohlberg & Co., a private-equity firm specializing in middle-market investing.

 
Nissan Revs Up Electric-Car Sales Goal

Nissan aims to sharply increase its electric-vehicle sales over the next five years, leaning on the expected explosion of sales of battery-powered vehicles in China.

 
Tencent's Two-Day Selloff Wipes Out $52 Billion in Market Value

Tencent Holdings Ltd.'s shares slumped again Friday, taking its fall in the past two days to 9.2%, as investors reassessed the Chinese tech giant with one of its biggest shareholders set to sell almost $10 billion worth of its position.

 
Viacom's Hidden Charms May Tempt CBS

As CBS weighs making an offer, it may discover more value than it did last time round.

 
This Tencent Business Is Still Singing a Happy Tune

The valuation of Tencent Music Entertainment Group, the Chinese internet giant's digital music-streaming business, has soared in recent weeks after some of the company's shares changed hands in private-market transactions, according to people familiar with the matter.

 
Glaxo Ends Talks for Pfizer Unit

GlaxoSmithKline said it has ended discussions to buy Pfizer's consumer-healthcare business.

 
Shell Sells Stake in Iraqi Field

Royal Dutch Shell has agreed to sell its entire stake in the West Qurna 1 oil field in Iraq for $406 million to Itochu.

(END) Dow Jones Newswires

March 23, 2018 09:00 ET (13:00 GMT)

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