SiriusXM to Buy Stitcher Podcasting Unit From Scripps 

Sirius XM Holdings is near a deal to buy the Stitcher podcasting unit from E.W. Scripps for around $300 million, according to people familiar with the matter.

U.K. Regulator Orders Big Four to Separate Audit Practices by 2024 

A U.K. regulator told the country's biggest professional services firms to draw up plans for separating their audit businesses by Oct. 23 and for the work to be completed by mid-2024.

Google, Facebook and Twitter Suspend Review of Hong Kong Requests for User Data 

Google, Facebook and Twitter are among tech companies that have suspended processing requests for user data from Hong Kong law-enforcement agencies following China's imposition of a national-security law on the city.

Nokia, Hurt by Costly 5G Chip Mistake, Struggles to Catch Huawei 

In the global race for 5G supremacy, Nokia bet big on the wrong computer chip. Now the Finnish giant is trying to make up market share lost to competitors, including China's Huawei.

Small Business Loans Helped the Well-Heeled and Connected, Too 

Congress designed the Paycheck Protection Program to help small businesses hit by the pandemic, but its $521 billion in loans also went to major law firms, wealth managers and politically connected companies.

Pier 1 Imports Gets $20 Million Offer for Branding, Online Business 

The home goods retailer has found a potential buyer offering more than $20 million in cash for the bankrupt company's intellectual property and e-commerce business as its brick-and-mortar operations wind down.

Uber to Buy Postmates for $2.65 Billion in Stock 

The deal combines Uber Eats and Postmates and is the latest in a flurry of consolidation moves in the food-delivery sector.

New Zealand Firms See Weaker Demand, Plan Staff Cuts 

A net 25% of the firms surveyed in the second quarter said they expect demand to weaken compared with net 13% in the first quarter.

Colin Kaepernick, Disney Team Up for Series on Racial and Social Injustices 

Colin Kaepernick and Walt Disney Co. have reached a deal that brings together the activist quarterback and the entertainment giant to produce content about the racial and social topics Kaepernick has championed.

LinkedIn to Add Audio Feature to End Pronunciation Gaffes on Names 

Garble no more: Platform looks to smooth first contacts by allowing users to record their own name and add the clip to their profile.


(END) Dow Jones Newswires

July 06, 2020 21:15 ET (01:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.