News Highlights: Top Company News of the Day
April 21 2021 - 9:30AM
Dow Jones News
Pfizer Identifies Fake Covid Shots Abroad as Criminals Exploit Vaccine Demand
In Mexico, about 80 people received fraudulent doses, and in
Poland authorities recovered vials containing anti-wrinkle
drugs.
Researchers Uncover Advertising Scam Targeting Streaming-TV Apps
Fraudsters infected nearly one million mobile devices with
software that mimicked streaming-TV apps and collected revenue from
unsuspecting advertisers, according to a cybersecurity company.
Startups Crack Records as More Money Flows to Silicon Valley
Years into a boom for venture capital, deal flow and valuations
are reaching new peaks, and among the biggest beneficiaries are the
companies vying to become the next big social-media platform.
Fatal Crash Has Negative ESG Implications for Tesla - ESG Insight
The latest incident puts the electric-vehicle maker's Autopilot
feature and its product quality and safety in the spotlight.
NBCUniversal Hires Nielsen Executive to Expand Its Measurement Work
The media giant named Kelly Abcarian to be executive vice
president of measurement and impact.
Energy Giants Ditch Oil and Coal Assets. Smaller Rivals Want Them.
BP, Rio Tinto and others are selling the projects for financial
and environmental reasons, in a possible boon for those companies
that want to double down on fossil fuels.
Tesla Apologizes for Its Handling of China Customer After Outcry
The car maker's public apology follows criticism from Communist
Party body that the company is arrogant and sells defective
products.
Ericsson Beats Views as 5G Sales Offset Lower Royalties
Ericsson posted above-forecast first-quarter profits as growing
sales of its 5G network gear offset lower intellectual property
royalties due to a previously announced patent lawsuit with
Samsung.
ASML Raises Guidance as First-Quarter Profit Soars
ASML said it expects revenue growth towards 30% in 2021, an
upgrade on previous guidance, after the chip maker posted strong
first-quarter results.
Roche Sales Miss Forecasts, But Backs Outlook
Roche reported first quarter sales of $16.30 billion, slightly
below forecasts, but confirmed its outlook for the year.
(END) Dow Jones Newswires
April 21, 2021 09:15 ET (13:15 GMT)
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