News Highlights: Top Company News of the Day
October 25 2021 - 5:30PM
Dow Jones News
Facebook Posts Slower Sales Growth With Apple Privacy Policy
The social-media giant's primary revenue source saw slower
growth in the first full quarter since Apple required apps to ask
users whether they want to be tracked.
Jeff Bezos' Blue Origin Pursues Private Space Station
The space company said it would help to build a facility, part
of a bet that many future orbital facilities will be privately
owned and operated.
Comscore Names New CFO as It Looks to Boost Revenue
Jon Carpenter is set to join the company from privately held
Publishers Clearing House next month.
Tesla Surpasses $1 Trillion in Market Value as Hertz Orders 100,000 Vehicles
Hertz's major bulk purchase could help Tesla get more of its
cars into the hands of mainstream consumers. Tesla shares surged on
the news.
Mastercard Partners With Bakkt to Bring Cryptocurrency Payments to the Masses
Banks will be able to issue debit or credit cards that let
people pay with bitcoin and earn cryptocurrency as rewards.
Co-Head of Blackstone Hedge-Fund Business to Leave
Blackstone veteran John McCormick told the firm last week he had
decided to resign. Joseph Dowling will become sole head of
Blackstone Alternative Asset Management, the world's largest
funds-of-hedge-funds business.
Facebook Whistleblower Calls for New Tech Laws in Europe
Frances Haugen tells U.K. lawmakers that social-media platforms
should be required to disclose actions to combat misinformation and
hate speech.
Equitable Chairman Departs Over Communications That Didn't Meet Standards
The financial firm and its fund unit say they won't comment
further on Ramon de Oliveira's resignation. Equitable replaces him
with director Joan Lamm-Tennant.
Moderna Covid-19 Vaccine Data Shows Strong Response in Children
Moderna said it would submit the results from an interim study
to health regulators in the U.S., Europe and elsewhere in seeking
authorization for 6- to 11-year-olds.
AmEx Gets Younger, More Blue Collar
American Express reported jumps in spending among Gen Z and
millennial consumers and small businesses, helping it defy the
recent doubts about cards.
(END) Dow Jones Newswires
October 25, 2021 17:15 ET (21:15 GMT)
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