News Highlights: Top Company News of the Day
September 19 2019 - 1:15PM
Dow Jones News
Huawei Launches First Smartphone Without Google's Key Apps
Huawei Technologies unveiled its first smartphone devoid of
Google's most popular apps, a byproduct of the U.S.-China trade
dispute that could complicate the Chinese tech giant's efforts to
stoke demand for its products.
Olive Garden Boosts Darden Restaurants Results
Darden Restaurants said sales rose in its latest quarter as
stronger results from its flagship Olive Garden and LongHorn
Steakhouse brands offset declines from its smaller chains.
Airbnb to Go Public Next Year
Home-sharing company Airbnb expects to go public next year, the
company said.
AT&T Examines Split With DirecTV
AT&T is exploring parting with its DirecTV unit, people
familiar with the matter said, a move that would mark a sharp
course correction in strategy for the phone giant.
Apple Can't Win Its $14 Billion European Tax Battle
Even if the tech giant wins its court appeals, it will have to
pay the money-and more-to Washington.
China's Tencent to Invest in Educational Startup VIPKid
Tencent Holdings is set to invest $150 million in VIPKid amid
concerns over the online education company's business model.
Snapchat Must Hit More Angles with Advertisers
A recent RBC survey showed that while future advertising
spending intentions on Snapchat have improved, Snapchat spending
remained the weakest of all surveyed social-media platforms.
Chinese Property Giants Could Regret Milking the Country's Middle Class
Using presales as a method of financing might seem cheap
compared with the high-yield bond market, but Chinese property
companies may have now promised buyers too much.
Temasek-Backed Fund Focusing on Health, Agriculture Tech Sectors
EXCLUSIVE: Vertex Ventures SEA & India, a venture capital
fund backed by Temasek Holdings, is looking for opportunities in
technology startups that specialize in health care and
agriculture.
Zuckerberg Heads to Capitol Hill to Push His Version of Web Regulation
Facebook CEO Mark Zuckerberg will pitch to lawmakers his
moderate vision for internet regulation.
(END) Dow Jones Newswires
September 19, 2019 13:00 ET (17:00 GMT)
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