Airbnb Plans to File Confidentially for IPO in August 

Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before the end of the year, according to people familiar with the matter.

Court Throws Out Antitrust Ruling Against Qualcomm 

A federal appeals court threw out a trial judge's antitrust judgment against Qualcomm, ruling the federal government hadn't shown the chip maker engaged in illegal monopolization.

Meal Kits, Mattresses In Demand Amid Pandemic: Earnings at a Glance 

As Covid-19 restrictions kept more people at home, companies that make household items from meal kits to mattresses reported improved financial results.

Facebook Removed Nearly 40% More Terrorist Content in Second Quarter 

The social-media giant said the increase was driven by improvements in its detection efforts.

GM Financial Chief Steps Down in Surprise Departure 

General Motors Chief Financial Officer Dhivya Suryadevara will leave the auto maker for online commerce firm Stripe, a surprising departure for one of the auto maker's fastest-rising stars.

Kodak Insider Makes Well-Timed Stock Gift of $116 Million to Religious Charity He Started 

Board member George Karfunkel's donation, made the same day Kodak's stock peaked, will benefit a Jewish charity he started two years ago.

SoftBank Starts Comeback With $12 Billion Profit, Helped by Sprint Sale 

The technology investor recorded a profit of nearly $12 billion in the April-June quarter as gains from disposing former unit Sprint helped it bounce back from its worst year ever.

Qualcomm's 5G Call Is Finally Connecting 

Qualcomm has been loudly touting 5G to anyone who would listen for the last few years. Now more than a few have perked up their ears.

Meal-Kit Winner Can Deliver an Extra Serving 

Perfect conditions for meal-kit companies won't last forever. But with Covid-19 infections spiking again in key markets and fewer people going on summer vacation, HelloFresh's winning streak can continue for a while longer. Raises $100 Million Fund for Data Focus has raised $100 million for a new fund to invest from the U.S. in startups globally, using data rather than personal connections to find startups and make deals.


(END) Dow Jones Newswires

August 11, 2020 13:15 ET (17:15 GMT)

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