News Highlights: Top Company News of the Day
Amazon in Talks to Buy Podcast Maker Wondery
The tech giant is in exclusive talks for the purchase of the
podcast startup, according to people familiar with the matter, as
Amazon pushes further into the growing audio sector.
Discovery Launches Streaming Service for Its Cable Shows
Discovery+ will launch on Jan. 4 and feature shows from channels
including Food Network, TLC and Animal Planet.
UPS Slaps Limits on Some Shippers
The delivery giant recently imposed shipping restrictions on
Gap, Nike and some other large retailers, a sign that the
pandemic-driven surge in online shopping is pressuring its
DoorDash Is Set to Deliver SoftBank a Big Hit
SoftBank, whose strategy of pouring billions of dollars into
highly unprofitable startups was bogged down by some high-profile
flops a year ago, soon may have a notable winner to flaunt:
Pfizer, BioNTech's Covid-19 Vaccine Wins U.K. Authorization
Britain became the first Western nation to grant emergency-use
authorization for a Covid-19 vaccine, clearing a shot developed by
Pfizer and Germany's BioNTech to be distributed in limited numbers
Home Appliances Get a Hygiene Makeover
The roughly $500 billion home-appliance industry is making a
hard pivot toward hygiene as the Covid-19 pandemic shows no sign of
JD Health Raises $3.5 Billion From Hong Kong's Red-Hot Capital Markets
The telemedicine arm of Chinese e-commerce giant JD.com raised
$3.5 billion in Hong Kong's largest initial public offering this
year, taking proceeds from new listings in the city to a 10-year
GardaWorld Raises G4S Bid
Canada's GardaWorld increased its offer for G4S by 24%, valuing
the London-listed security company at GBP3.68 billion.
Hewlett Packard Enterprise to Leave Silicon Valley for Texas
The tech giant is moving its headquarters to the Houston area,
the latest sign of how the pandemic is reshaping the way Silicon
Valley companies operate.
SoftBank Makes Another Bet on Freight Shipping Technology
The Japanese firm led a $113.5 million investment in Flock
Freight, a U.S. software startup that offers a service that uses
algorithms to match trucks with freight headed in the same
(END) Dow Jones Newswires
December 02, 2020 13:15 ET (18:15 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.