News Highlights: Top Company News of the Day
Innovid Shares Rise in Market Debut
The advertising tech firm went public Wednesday via a SPAC
Match Group Settles Lawsuit Over Tinder's Valuation
The company said it would pay $441 million to plaintiffs,
including Tinder's co-founders, who had alleged that Match
undervalued the dating app to cheat them out of billions of
Twitter CEO Announcement Spotlights Rare Executive Move
Twitter promoted its chief technology officer to chief executive
earlier this week. Experts say such a move is rare, although
technology skills increasingly are valued in the corner office.
Exxon to Continue Leaner Spending as Covid-19 Threat Lingers
The Texas oil giant said it is sticking to decreased spending
levels for years to come as the outlook for oil and gas demand
remains murky while coronavirus-led economic risks persist.
Salesforce Needs to Keep Having It Both Ways
The cloud giant has sharpened its focus on profitability, but
investors still want high growth numbers as well.
UBS Taps JPMorgan Executive as CFO
The Swiss bank named Sarah Youngwood as its next chief financial
officer, another high-profile hire of an American banking veteran
as it takes on wealth-management rivals in the U.S.
Ex-Mastercard CEO Ajay Banga to Join General Atlantic
The card network's former chief is assuming the role of vice
chairman, where he will advise the private-equity firm on strategy,
with financial inclusion as one area of focus, General Atlantic
For Big Miners, U.S. Workers Are Most Reluctant to Get Vaccinated
Mining companies operate in some of the least developed
countries on the planet, but it is in the world's richest nation
where they are finding it hardest to persuade staff to get
Bad Bunny, Taylor Swift, BTS Are Spotify's Most-Streamed Artists Globally for 2021
The Swedish company said Bad Bunny received over 9.1 billion
streams on its platform, making him its No. 1 streamed artist two
years in a row.
CNN Suspends Chris Cuomo Indefinitely
The network said records released Monday showing how the anchor
aided his brother's response to sexual-misconduct allegations
"raise serious questions."
(END) Dow Jones Newswires
December 01, 2021 15:00 ET (20:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.