News Highlights: Top Company News of the Day
TikTok Tops 1 Billion Monthly Users
The popular video-sharing app announced the milestone after
saying earlier this summer that it plans to let users post longer
videos on the platform.
Blackstone Selling Vegas Casino, Firm's Most Profitable Property Deal
Total profits after the sale would be about $4.1 billion,
including cash flow from the property's operations.
Ford Recalls Mustang Mach-E Electric SUVs Over Windshield, Roof Concerns
The safety recall covers 2021 model-year vehicles for inadequate
bonding of the glass panel parts, increasing the risk of
Facebook to Pause Work on Instagram Kids Version
Critics of a children's version of the social-media app the
company was developing said it can be harmful to young people's
Jim Justice Offers $300 Million Settlement Payment to Credit Suisse
The West Virginia governor has offered a $300 million payment
and half the value of his family coal businesses to settle loans
from the now-defunct Greensill Capital, according to people
familiar with the deliberations.
Evergrande Worries Help Fuel Selloff at Chinese Developer Sunac
Investors sold down securities after a leaked document showed a
Sunac China Holdings unit asking for government help to ease its
Spotify Kicks Off Campaign to Win More Advertisers
Spotify Technology began its first global brand campaign
designed to court marketers as the audiostreaming giant tries to
expand the revenue it collects from advertising.
Google Pushes to Overturn EU's $5 Billion Antitrust Decision
Alphabet's Google argued that its Android operating system for
mobile devices has boosted competition rather than stifled it.
Theranos Trial Jurors to Weigh Whether Investors Were Dupes or Savvy Speculators
The bulk of criminal charges against founder Elizabeth Holmes
allege she defrauded financial backers that include high-profile
China Has New Way to Fight IP Theft Claims
Chinese technology giants have seized on a new legal tactic to
fight claims of intellectual property theft, raising concerns in
the U.S. that Beijing's promises to strictly enforce patent and
copyright laws will be undermined by Chinese courts.
(END) Dow Jones Newswires
September 27, 2021 13:00 ET (17:00 GMT)
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