TikTok Tracked User Data Using Tactic Banned by Google

TikTok skirted a privacy safeguard in Google's Android operating system to collect unique identifiers from millions of mobile devices, data that allows the app to track users online without allowing them to opt out, a Wall Street Journal analysis has found.

 
Airbnb Plans to File Confidentially for IPO in August

Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before the end of the year, according to people familiar with the matter.

 
HD Supply to Sell Its White Cap Unit to Clayton Dubilier & Rice for $2.9 Billion

The private-equity firm will combine the carved-out White Cap business with Construction Supply Group, a Sterling Group company.

 
Court Throws Out Antitrust Ruling Against Qualcomm

A federal appeals court threw out a trial judge's antitrust judgment against Qualcomm, ruling the federal government hadn't shown the chip maker engaged in illegal monopolization.

 
Occidental: Anadarko Casts a Long Shadow

Occidental Petroleum's startling loss last quarter shows it will take a while for the company to shift the narrative away from the story of its outsized Anadarko acquisition.

 
High-Speed Trader Virtu Discloses $6.9 Million Hacking Loss

Virtu Financial is suing Axis Insurance to get the insurer to cover the May loss, in which fake emails were used to send fraudulent wire transfers to bank accounts in China.

 
Meal Kits, Mattresses In Demand Amid Pandemic: Earnings at a Glance

As Covid-19 restrictions kept more people at home, companies that make household items from meal kits to mattresses reported improved financial results.

 
Facebook Removed Nearly 40% More Terrorist Content in Second Quarter

The social-media giant culled about 8.7 million pieces of such content during the period, up from 6.3 million in the first quarter, crediting strides in detection.

 
GM Financial Chief Steps Down in Surprise Departure

General Motors Chief Financial Officer Dhivya Suryadevara will leave the auto maker for online commerce firm Stripe, a surprising departure for one of the auto maker's fastest-rising stars.

 
Kodak Insider Makes Well-Timed Stock Gift of $116 Million to Religious Charity He Started

Board member George Karfunkel's donation, made the same day Kodak's stock peaked, will benefit a Jewish charity he started two years ago.

(END) Dow Jones Newswires

August 11, 2020 17:15 ET (21:15 GMT)

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