News Highlights: Top Company News of the Day
December 18 2017 - 5:15AM
Dow Jones News
Tencent Teams Up With JD.com to Take on Alibaba
In an escalating battle between China's dominant internet
giants, Tencent has teamed up with JD.com, Alibaba's main
e-commerce competitor, to buy a stake in the No. 3 online retail
player.
Humana and PE Firms in Talks to Buy Kindred Healthcare
Humana is in advanced talks to join with two private-equity
firms in a deal to acquire home-care provider Kindred Healthcare, a
move that would add to a cascade of transactions aiming to bring
together insurance operations with other health-care
businesses.
Oracle to Buy Software Maker Aconex
Oracle will buy Australian project-management software provider
Aconex, the latest leg in its push to take on Amazon and others in
selling cloud-computing services.
Thales to Buy Chip Maker Gemalto
France's Thales has agreed to buy chip maker Gemalto for EUR4.8
billion in a deal that aims to create "a world leader in digital
security," the companies said.
Deutsche Bank Was Asked for Information on Transactions Potentially Linked to Michael Flynn
Deutsche Bank has been asked by U.S. government authorities to
hand over information about transactions that could be linked to
former national security adviser Michael Flynn or entities
connected to him, according to people familiar with the matter.
Exchange Giant CME Launches Bitcoin Futures
CME Group, the world's largest exchange company, launched
bitcoin futures on Sunday, seeking to capitalize on the mania for
the booming digital currency.
Bloomberg Aims to Take on CNN With Launch of TV Service on Twitter
Bloomberg Media is launching the first round-the-clock streaming
television service on Twitter, as the social-media platform seeks
to become a bigger player in the world of online video.
The Fast and the Financed: China's Well-Funded Auto Startups Race to Overtake Tesla
An ambitious group of Chinese car developers with billions in
backing and a foothold in Silicon Valley are vying to become the
next Tesla.
'Star Wars: The Last Jedi' Has Second-Highest U.S. Opening
Disney's "Star Wars: The Last Jedi" opened to $220 million in
the U.S. and Canada this weekend, according to studio estimates.
That is the second-biggest box office opening of all time, not
counting inflation.
Facebook Acknowledges Some Social-Media Use Is Harmful
The company's top researcher pointed to external studies showing
the negative effects of "passive" use of social-media sites to read
news without interacting with anyone but said "active" use can
improve well-being.
(END) Dow Jones Newswires
December 18, 2017 05:00 ET (10:00 GMT)
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