Google Combines Maps and Waze Teams in Restructuring Move

Google plans to combine the team working on the mapping service Waze with the group overseeing the company's Maps product, as the search giant faces pressure to streamline operations and cut costs.

 
New York Times Staffers to Stage First Strike in Over 40 Years Thursday

More than 1,000 New York Times staffers vowed not to work Thursday, its newsroom union said, marking the first strike in over 40 years at the organization.

 
Apple Plans New Encryption System to Ward Off Hackers

The optional feature would keep most data secure that's stored in iCloud, a service used to back up iPhones or save specific device data such as Messages. The data would be protected in the event Apple is hacked, and it also wouldn't be accessible to law enforcement, even with a warrant.

 
Tensions Grew at Salesforce Before Leadership Change

Marc Benioff became frustrated about how his co-CEO Bret Taylor, who is set to exit the role, was spending his time, people familiar with the executives said.

 
FTX Hires Forensic Team to Probe Money Trail

FTX's new management has hired a team of forensic investigators from advisory firm AlixPartners to help track the billions of dollars that have gone missing from the failed cryptocurrency exchange.

 
GameStop CEO Says Open to Pursue Acquisitions After Earnings Miss

For the October quarter, videogame retailer GameStop reported an adjusted loss of 31 cents a share.

 
Thoma Bravo Bags $32.4 Billion Including Largest Technology Buyout Fund

The technology-focused firm's main buyout fund collected $24.3 billion, the most it has ever raised

 
TikTok Is Sued by Indiana, Alleging It Misleads Users

Indiana filed two lawsuits against TikTok, alleging it deceives consumers about content and data security-the latest move by state officials to push back against the platform and its China connections.

 
Carvana Shares Tumble as Company Taps Adviser

Top creditors agreed to cooperate with each other in any debt negotiations, a defensive move ahead of a possible capital raise.

 
Link Ends Talks With Dye & Durham on Latest M&A Proposal

Link Administration Holdings Ltd. has ceased discussions with Dye & Durham Ltd. on an offer worth $854 million for its Corporate Markets business and entire Banking and Credit Management unit.

(END) Dow Jones Newswires

December 08, 2022 07:15 ET (12:15 GMT)

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