News Highlights: Top Company News of the Day
Microsoft's Activision Deal, Amazon's Use of Data Face U.K. Probes
Britain's antitrust regulator opened probes into Microsoft's $75
billion bid for the videogame giant and how Amazon uses data to
boost its business.
Amazon Adds Grubhub Delivery to Prime Membership to Bulk Up Foods Business
The deal also gives Amazon the option to acquire a small stake,
the parent of the food-ordering company said.
Online Ad Slump Won't Be a Blip
Google, Facebook and other online ad players are in for another
tough quarter and beyond.
Twitter's Tussle With Delhi Will Define Online Speech in India
Twitter is challenging the scope of the Indian government's
power to force removal of tweets. Whatever happens, the court case
will change the environment for online speech-and business-in the
world's second-most-populous nation.
Batteries Become Do-Or-Die for Air-Taxi Startups
The dream of electric air taxis has always depended on the
reality of batteries. With money for moonshots drying up, investors
may be wise to focus on today's technology rather than
Peter Chernin Bets Streaming Services Will Remain Hungry for Content
The entertainment veteran's newly created North Road Co., with
backing from Providence Equity and Apollo, is looking to make
acquisitions, with a particular focus on companies making
unscripted content and international markets.
Highflying Cyber Firms Cut Staff After Raising Hundreds of Millions of Dollars
Security startups hunker down and stockpile cash as they prepare
for a bear market.
Crypto Broker Voyager Digital Files for Bankruptcy Protection
The voluntary filing comes after crypto hedge fund Three Arrows
Capital defaulted on a large loan from a Voyager unit.
Cosco Shipping Energy Shares Fall as Oil Demand Outlook Deteriorates
Shares of Cosco Shipping Energy Transportation Co. fell sharply
in both Hong Kong and China markets on Wednesday, following an
overnight drop in crude prices and an increasingly dim outlook for
Tiger Global's Flagship Hedge Fund Has First Gain Since October
The hedge fund remains down 50.1% for the first half of the
year, worse than losses notched by major stock-market indexes.
(END) Dow Jones Newswires
July 06, 2022 09:00 ET (13:00 GMT)
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