Apple's AirDrop in the Crosshairs of China's National-Security Crackdown 
 

File-sharing apps that were used by protesters face tighter controls under Beijing's planned regulations.

 
GoTo CEO to Step Down 
 

The Indonesia tech company's chief executive will step down and be replaced by one of the group's early private-equity investors.

 
Novartis's Sandoz Sets Out Post-Spinoff Growth Plan 
 

Novartis's generics unit Sandoz forecast product pipeline net sales of $3 billion over the next five years and a core earnings margin of 18%-19% this year, lower than previously forecast due to inflation and costs.

 
Google Gets Stricter About Employees' Time in Office 
 

The search giant, which asks most workers to be in an office three days a week, will consider attendance as part of performance.

 
GameStop Shares Fall as It Fires CEO and Names Ryan Cohen Executive Chairman 
 

Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.

 
Recycling and Regulation Are Hot Issues in Likely Update to U.S. Sustainable Marketing Guides 
 

Nestlé and SC Johnson are at odds over whether the FTC should pursue stricter regulations as green claims rise.

 
Serta Simmons Defeats Holdout Lenders to Seal Chapter 11 Restructuring 
 

A bankruptcy judge upholds the bedding maker's disputed 2020 debt deal, handing control to majority lenders.

 
Binance.US Was Deeply Unprofitable in 2022, Documents Show 
 

The U.S. arm of Binance, the world's largest crypto exchange, lost $181 million last year, filings by the Securities and Exchange Commission showed.

 
CNN CEO Chris Licht Is Out 
 

CNN parted ways with its chief executive, ending a tenure of a little over a year that was marked by a series of missteps.

 
New York Is Latest City to Sue Automakers Kia and Hyundai Over Car Thefts 
 

The vehicle companies have offered free software as a fix to the problem.

(END) Dow Jones Newswires

June 08, 2023 07:15 ET (11:15 GMT)