Intel Pursues $10 Billion Sale of Chip Unit 

The U.S. semiconductor giant is nearing a deal to sell a memory-chip unit to South Korea's SK Hynix for roughly $10 billion

AT&T Chief Says Tech Giants Hold Too Much Power Over Streaming 

HBO Max is gaining viewers but remains at a disadvantage to tech companies in the streaming video market, said John Stankey, CEO of the service's parent company who called for more scrutiny of platform operators.

With Concho, ConocoPhillips Is Playing Offense 

This big oil deal isn't born out of desperation.

Pakistan Drops TikTok Ban After App Pledges to Police Content 

Authorities in Pakistan said they would lift a ban on TikTok after the Chinese-owned video-sharing app agreed to take down content they deemed vulgar, indecent and immoral.

5G iPhones Pack New Surprise for Qualcomm 

Apple's inclusion of millimeter wave in all iPhone 12 models will give the chip maker an extra boost.

AT&T Appoints New Head of Warner Bros. Television Group 

Channing Dungey, who has worked at Netflix and Disney, is taking over from Peter Roth at a time when the television production studio is undergoing a transition.

Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain 

The e-commerce giant plans to double its stake in Sun Art Retail Group, which operates more than 480 supermarket-department stores in China under the RT-Mart and Auchan brands.

Hong Kong's Exchange to Hold Hearing on Ant IPO After Green Light From Chinese Regulator 

The Stock Exchange of Hong Kong will hold a listing hearing Monday to determine whether Ant Group can proceed with its planned initial public offering in the city, people familiar with the matter said, after the financial technology giant received a notice from the China Securities Regulatory Commission.

Auto Makers Grapple With Battery-Fire Risks in Electric Vehicles 

The companies are confronting a new challenge in their race to sell more electric cars: battery-related fires leading to vehicle recalls and safety probes.

EQT Appoints Former Microsoft Executive Marc Brown to Head Growth Investment Strategy 

Swedish private-equity firm EQT said Monday that Marc Brown has joined as partner and head of the firm's growth investment strategy.


(END) Dow Jones Newswires

October 19, 2020 15:15 ET (19:15 GMT)

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