Car-Safety Regulators Urge Tesla to Recall Around 158,000 Vehicles

Federal regulators are asking Tesla to recall about 158,000 vehicles over safety concerns in what would amount to one of the biggest safety actions by the electric-vehicle maker.

 
TSMC to Spend Up to Record $28 billion in Advanced Chips, Capacity

The company, a key chip supplier to Apple, plans to spend more than ever on developing advanced chips and building plant capacity, capitalizing on a surge in semiconductor demand that has led to a shortfall in global supplies.

 
Twitter CEO Defends Trump Ban

In a series of tweets, Twitter CEO Jack Dorsey said it banned President Trump's personal account in the interest of public safety, but added that a ban "is a failure of ours ultimately to promote healthy conversation."

 
Facebook Turned on Trump After Internal Warning Signs Surged

The tech giant's moves came amid fears of a feedback loop in which the unrest in Washington risked fomenting activity on its platform that could trigger more violence.

 
China Tech Giants Seen Avoiding Blacklist

Alibaba, Baidu, and Tencent were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support China's military, intelligence and security services.

 
Connecticut Investigating Amazon's E-Book Business

Connecticut's attorney general is looking into whether Amazon's dealings with certain publishers are anticompetitive.

 
Private-Equity Firm New Mountain Capital Raises Over $10 Billion for Deals

New Mountain Capital said it has collected over $10 billion across two new funds, including a $9.6 billion flagship private-equity vehicle and a $640 million pool earmarked for noncontrolling stakes in companies.

 
Fracking Pioneer Chesapeake Energy Cleared to Exit Bankruptcy

Judge David Jones of the U.S. Bankruptcy Court in Houston said Wednesday he would confirm the fracking pioneer's chapter 11 plan, ruling against a more junior creditor group that argued during a nearly monthlong trial that they would be shortchanged in the restructuring.

 
Kodak Director Makes Retroactive Cut to Huge Charity Stock Gift

George Karfunkel's revised donation appears to be worth $77.5 million, down from the original $116.3 million.

 
GameStop Shares Surge After Traders Shift Bets, Board Gets Makeover

Shares of GameStop jumped two days after the videogame retailer said it would remake its board and as investors who had been betting the stock would weaken shifted positions.

(END) Dow Jones Newswires

January 14, 2021 07:00 ET (12:00 GMT)

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