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 plans to cut as many as 26,500 jobs over the next three years as it adjusts to changing consumer behavior and works to recover from a series of scandals that have gripped the bank for the past two years.

 
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'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.

 
Abandoned IT Integration Linked to Danske Bank Failures

The billions that flowed through the Estonian branch of Denmark's largest bank may have slipped past risk analysts in part because the lender in 2008 dropped plans to integrate the branch into its group-level information technology platforms.

 
AT&T Attacks DOJ Appeal in Time Warner Case

AT&T defended a court ruling that allowed it to buy Time Warner, arguing that both the law and current industry realities showed the acquisition wouldn't harm competition.

 
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 59% from their initial public offering price in trading on the New York Stock Exchange.

(END) Dow Jones Newswires

September 20, 2018 19:15 ET (23:15 GMT)

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