News Highlights: Top Company News of the Day
September 20 2018 - 5:30PM
Dow Jones News
Adobe Buys Marketing-Automation Firm Marketo for $4.75 Billion
Adobe Systems agreed to acquire marketing-automation firm
Marketo for $4.75 billion, its largest acquisition ever and the
latest sign of its ambition to become a one-stop-shop for
marketers.
Wells Fargo to Cut Jobs Over Next Three Years
Wells Fargo will reduce jobs as part of its "ongoing
transformation" to address industry trends and changes in customer
behavior.
Ad Company MDC Partners Exploring Strategic Options
Embattled advertising company MDC Partners Inc. is exploring a
potential sale, amid a slowdown in its performance and following
the exit of its chief executive, according to people familiar with
the matter.
Goldman's Top Stock-Trading Executive to Depart
Goldman Sachs Group's stock-trading chief is leaving the firm,
the first senior departure as incoming Chief Executive David
Solomon sets priorities and puts his own team in place.
Google Says It Continues to Allow Apps to Scan Data From Gmail
Google said it continues to allow other companies to scan and
share data from Gmail accounts, responding to questions on Capitol
Hill about privacy and potential misuse of information in users'
emails.
GE Finds Flaw in Power-Plant Turbines
General Electric discovered a flaw in its newest power-plant
turbines after a key part failed earlier this month, forcing
utility Exelon to shut down two Texas plants while GE makes
repairs.
Amazon's New Microwave: 'Alexa, Please Defrost My Chicken'
Amazon is offering makers of electronics a small chip that would
let people use their voice to command everything from microwaves
and coffee machines to room fans and guitar amplifiers.
Eventbrite Surges in Market Debut
Shares in the ticketing and event-services company jumped
sharply in their market debut on the New York Stock Exchange
Thursday.
ESPN Streaming Service Surpasses One Million Subscribers
Sports TV giant ESPN, which has battled cable TV cord-cutting,
is betting big on a $4.99-a-month streaming service that carries a
range of programming but not the live ESPN channels.
Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Auction
Comcast and 21st Century Fox will settle their takeover battle
for Sky in a weekend auction run by British regulators, setting up
a dramatic climax to a 21-month sale process that has pitted some
of the world's biggest media giants against each other.
(END) Dow Jones Newswires
September 20, 2018 17:15 ET (21:15 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.