Airbnb Makes Its Ban on Parties Permanent 

The home-rental platform temporarily banned parties in 2020 after a series of violent incidents occurred at gatherings held at Airbnb-listed properties.

European Cloud Restrictions Could Limit U.S. Providers' Reach 

European cybersecurity authorities are drafting a new certification system for cloud services that could limit the amount of critical data held by American providers.

Databricks to Move Signature Data-Storage Technology Upgrades to Open Source 

Data-analytics company Databricks plans to switch to open source all of the capabilities and upgrades it has made to Delta Lake, its flagship cloud-based data-storage technology, essentially giving them away online free.

Credit Suisse Eyes Cost Cuts to Stabilize Embattled Bank 

The Swiss bank plans to cut technology expenditure to spend more targeting ultrarich customers, in its latest effort to stabilize an operation hobbled by scandals and missteps.

Juul Says FDA Mishandled Its E-Cigarette Application 

In court filings, the e-cigarette maker says the FDA overlooked more than 6,000 pages of data the company had submitted on the aerosols that users inhale.

Volkswagen Sells Stake in Electrify America to Siemens 

The German auto maker has agreed to sell a minority stake in its U.S. electric-vehicle charging business to Siemens-a transaction that provides $450 million in new money and values the charging network at $2.45 billion, the companies said.

Walgreens Drops Plans to Shed Boots, No7 Beauty After Bids Fall Short 

The big pharmacy chain says it will keep its Boots and No7 Beauty businesses after failing to receive adequate bids for the units amid a slump in financing markets.

Meta, TikTok Could Face Civil Liability for Addicting Children in California 

Social-media companies are lobbying to stop a first-in-the-nation proposal allowing government attorneys to sue them for features alleged to cause addiction among minors.

Musk Gets Twitter Data, but It Might Not Answer Spam Question 

Elon Musk has access to the Twitter data that he said was needed to complete his acquisition of the company, but data specialists say analyzing the information isn't easy.

Toshiba Shareholders Vote to Add Activist Investors to Board 

Toshiba shareholders approved the company's proposal to invite representatives from two foreign activist funds onto its board, a move which may help speed the transition of the troubled industrial conglomerate.


(END) Dow Jones Newswires

June 28, 2022 13:15 ET (17:15 GMT)

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