U.S. Postal Service Struggles to Keep Up With Christmas Deliveries 
 

Super Saturday wasn't so super for bricks-and-mortar stores, and the Postal Service is starting to buckle under the flood of holiday orders that shifted online.

 
Peloton Acquires Fitness-Equipment Maker Precor for $420 Million 
 

The move will help boost manufacturing capacity at a time when Peloton has struggled to reduce delivery delays and long wait times for customer service as the pandemic has increased demand for its products.

 
IAC to Spin Off Vimeo 
 

IAC/InterActive Corp. said it would spin off online video platform Vimeo as an independent publicly traded company, sending shares of IAC up more than 14% in morning trading.

 
Google, Facebook Agreed to Cooperate, Draft Suit Alleges 
 

Facebook and Google agreed to "cooperate and assist one another" if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week.

 
How Amazon Wins: By Steamrolling Rivals and Partners 
 

CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive. That strand of its corporate DNA is becoming a liability, as its tactics to dominate nearly every market-furniture, diapers, tripods, shoes-make it a target for antitrust enforcers and politicians.

 
Netflix Aims for Hit in Africa 
 

Streaming giant invests in the continent, but challenges include piracy, slow internet and poverty.

 
WeChat Becomes a Powerful Surveillance Tool Everywhere in China 
 

China's do-everything app, WeChat, has become one of the most powerful tools in Beijing's arsenal for monitoring the public, censoring speech and punishing people who voice discontent with the government.

 
Waud Backs Education-Tech Company CE Shop 
 

The Greenwood Village, Colo.-based company provides educational services for real estate licensing and other professions. The company offers proprietary content through a cloud-based system.

 
Congress Raises Standards for Assessing New Airliner Designs 
 

A year-end federal spending bill includes bipartisan provisions toughening FAA oversight of future aircraft models.

 
MGM Holdings, Studio Behind 'James Bond,' Explores a Sale 
 

The closely held film studio is betting that its library of content will prove attractive to companies pursuing growth in streaming video.

(END) Dow Jones Newswires

December 22, 2020 11:00 ET (16:00 GMT)

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