Electric-Vehicle Sales Growth Outpaces Broader Auto Industry

New plug-in models from Tesla, Ford, VW and others helped to boost demand, while hurdles still remain for the technology.

 
Vodafone Shares Rise as Revenue Recovers From Pandemic

The U.K. telecom firm said quarterly revenue rebounded from the hit caused by the coronavirus pandemic last year, and said it is on track to meet its expectations for the full year.

 
Food-Delivery Startup Zomato's Shares Soar in India Debut

Shares of Zomato, India's answer to DoorDash, soared in their debut, delivering a performance that will likely boost confidence in other Indian startups that are in line to tap the equities market.

 
Snap, Twitter Show Where the Party Is

Social media made a splash on Thursday as its second-quarter earnings kicked off: Both Twitter and Snap reported better-than-expected quarters.

 
Snap Sees Strong User Growth as Pandemic Restrictions Ease

The company has introduced new features to appeal to businesses beyond traditional social-media advertising, including a push into augmented reality.

 
Kaseya Gets Tool to Unlock Hacked Data

The tech company said it received a universal decryptor that would help restore all the computer systems affected by the July 2 hack of one of its products.

 
Amazon-Backed Rivian Automotive Plans Second U.S. Electric-Vehicle Factory

EV startup Rivian Automotive plans to open a second manufacturing plant and is early in the process of scouting locations, the company said.

 
Magna to Acquire Auto-Safety Company Veoneer

Magna International Inc. is planning to acquire automotive-safety-technology company Veoneer Inc. at an enterprise value of $3.3 billion.

 
Kakao Bank Set to Raise $2.2 Billion in Listing

The digital bank affiliated with South Korea's internet group Kakao Corp. has finalized its initial public offering price at the top end of a marketed price range.

 
Star Entertainment Withdraws Crown Merger Proposal on License Worries

Star Entertainment Group withdrew its indicative proposal to merge with Crown Resorts over concerns its rival could lose its casino license in Melbourne.

(END) Dow Jones Newswires

July 23, 2021 07:15 ET (11:15 GMT)

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