Google Seeks Dismissal of Ad Practices Suit

The search giant said the states' complaint focused on outdated conduct that didn't preclude competition and that the practices were largely abandoned as the company's ad tech business evolved.

 
Netflix Plunge Deepens Nasdaq's Correction

The streaming giant's shares are down more than 20% in Friday morning trading as a selloff in government bonds and lackluster earnings have eroded demand for the once-highflying tech trade.

 
Intel to Invest $20 Billion in U.S. Chip-Making Facility

Intel plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering its semiconductor-production ambitions as greater demand for digital products and a global chip shortage have amplified the need for more manufacturing.

 
IBM Sells Watson Health Assets to Investment Firm

The tech giant said its deal with Francisco Partners wouldn't weaken its commitments to other artificial-intelligence technology and healthcare clients that use its IT services.

 
Airbus Cancels Qatar Airways Plane Contract, a Rare Move Amid Growing Spat

The cancellation of the $6 billion jet contract is the latest move in the fight between the world's largest plane maker and the world's largest long-haul airline.

 
Microsoft's Activision Blizzard Deal Poses Sustainability Challenge

The software giant would have to address workplace problems at the videogame maker and there is a big gap between the two companies' ESG disclosures and policies.

 
More Starbucks Baristas Seek to Unionize

Online meeting tools and social platforms are aiding labor organizing efforts within the coffee chain, though the U.S. stores weighing such moves represent a fraction of the coffee chain's total.

 
Schlumberger Earnings Were Strong. The Stock Is Still Falling.

Shares of the oil services company fall Friday, despite strong results and guidance.

 
GlaxoSmithKline Racing to Provide Only Effective Covid-19 Antibody Treatment

GlaxoSmithKline and Vir Biotechnology are increasing output at a second plant to help meet demand for sotrovimab.

 
Blackstone, Starwood Team Up to Buy  Longer-Stay Hotels for $1.5 Billion

The two real-estate investors are buying 111 properties under the WoodSpring Suites brand, marking their second joint bet on the extended-stay sector in less than a year.

(END) Dow Jones Newswires

January 21, 2022 13:15 ET (18:15 GMT)

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