Amazon, Others Race to Buy Up Renewable Energy

The race to secure electricity deals for power-hungry data centers has tech companies reshaping the renewable-energy market and grappling with a new challenge: how to ensure their investments actually reduce emissions.

 
Chinese EV Maker XPeng Plans to List in Hong Kong

The rival to NIO is targeting a July debut and aims to raise up to $2 billion, a person familiar with the situation said.

 
Apple's Fight for Control Over Apps Moves to Congress and EU

The company is stepping up its fight to maintain tight controls over which apps can be installed onto customers' iPhones, as political pressure grows in Washington, D.C. and Brussels to upend those restrictions.

 
SoftBank Latin America Fund Leads $28 Million Atom Finance Funding Round

The deal, a bet on the retail investing boom, values the startup around $150 million.

 
Uber, Lyft Drivers Race to Apps That Make Contract Work a Better Gig

Gig workers are adopting apps to track pay, monitor events and dispute complaints amid a patchwork of regulatory efforts.

 
Vizio Looks to Boost Software Business With IPO Cash

Vizio Holding is ramping up investment in its software business amid growing consumer demand for streaming content

 
Jack Ma's Ant in Talks to Share Data Trove With State Firms

Ant Group is in talks with Chinese state-owned enterprises to create a credit-scoring company that will put the fintech giant's proprietary consumer data under regulators' purview.

 
Blue Owl, Newest Private-Equity Creation, Sees Wisdom in Simplicity

The company gets all of its earnings from management fees, avoiding the less predictable performance-related income to which public investors typically assign a lower value.

 
Pernod Ricard Upgrades Profit Guidance

Pernod Ricard has raised its guidance for organic growth in profit from recurring operations for fiscal 2021 to around 16%, from 10% previously, despite sales still being affected by some restrictions.

 
Berkeley Profits Climb, Plans Additional Return

House builder Berkeley posted higher profits of GBP518 million for fiscal 2021, proposed an additional return of GBP228 million this year and reiterated its six-year profit target.

(END) Dow Jones Newswires

June 23, 2021 09:15 ET (13:15 GMT)

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