Wall Street Journal

NortonLifeLock Inc (NASDAQ: NLOK) is in advanced talks to acquire Avast PLC (OTC: AVASF) (OTC: AVTTY) in a cash-and-stock deal valued at over $8 billion, the Wall Street Journal reports. NortonLifeLock has until Aug. 11 to make a firm offer according to the U.K. takeover code....

Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (OTC: TCEHY) are planning to open up their services to one another gradually, the Wall Street Journal reports. China's growing tech crackdown has made it difficult for companies to maintain the virtual barriers...

Johnson & Johnson (NYSE: JNJ) and AstraZeneca plc (NASDAQ: AZN) have joined the University of Oxford and other experts to conduct early-stage research to assess if modifications to their COVID-19 vaccines could reduce or eliminate risks of rare blood clotting events linked to...

Startup ROX Financial LP aims to launch a real estate investment trust via an NYSE initial public offering to acquire Amazon.com Inc (NASDAQ: AMZN) leased 146,000-square-foot Bay Area warehouse, the Wall Street Journal reports. A publicly traded real-estate company that owns only a...

Broadcom Inc (NASDAQ: AVGO) is in discussions to acquire SAS Institute Inc in a bid to double down on enterprise software, the Wall Street Journal reports. A deal, which would value SAS in the range of $15 billion- $20 billion, could be finalized in the coming weeks. Broadcom held $9.5...

TikTok parent ByteDance Ltd indefinitely postponed its offshore listing plans following regulatory demand over data security risk focus, the Wall Street Journal reports. The company also lacked a CFO. Co-founder and human resources chief Liang Rubo became the CEO in...

Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) is intensifying Amazon.com Inc (NASDAQ: AMZN) rivalry by promising fast deliveries from China to anywhere in the world, the Wall Street Journal reports. What Happened: Alibaba aims to deliver...

The Dutch Institute for Vulnerability Disclosure claimed to have intimated software supplier Kaseya Ltd. regarding a serious cybersecurity flaw in its Kaseya VSA software on April 6, the Wall Street Journal reports. The flaw reported was one of seven vulnerabilities that hackers ...

Researchers have pointed a handful of amino acids targeted by key antibodies of some people who received the AstraZeneca plc's (NASDAQ: AZN) COVID-19 vaccine offering new clues on reasons for vaccine-induced clotting, reports Wall Street Journal. The Canadian study analyzed...

Sweden’s EQT AB and Goldman Sachs Group Inc’s (NYSE: GS) investment arm are reportedly negotiating the acquisition of contract-research organization Parexel International Corp for nearly $9 billion, including debt. Parexel offers a suite of...

Amazon.com Inc (NASDAQ: AMZN) has formally requested the Federal Trade Commission to alienate new Chairwoman Lina Khan from antitrust investigations of the company in light of her extensive past criticisms of the e-commerce retailer, the Wall Street Journal reported. What Happened: ...

Intel Corp (NASDAQ: INTC) has postponed producing one of its newest chips to improve performance, the Wall Street Journal reported. What Happened: Intel plans to start producing the central processing units for servers in early 2022 from the previously planned in late 2021. Intel was...

Amazon.com Inc (NASDAQ: AMZN) uses its size to acquire warrants or rights to purchase the stock of its publicly traded suppliers at steep discounts to market value, the Wall Street Journal reported. What Happened: Amazon often uses unusual contracts to tie warrants to how much...

Security-system provider ADT Inc (NYSE: ADT) is capitalizing on its partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google’s smart-home business to increase revenue, the Wall Street Journal reported. What Happened: In 2020, Google had acquired a...

The recent approval of Biogen Inc's (NASDAQ: BIIB) high-price Alzheimer's drug is raising questions about who will have access to the $56,000/year treatment that could cost Medicare billions of dollars in coming years. Medicare typically pays unconditionally for...