Wall Street Journal

Luxembourg’s data-protection commission, the CNPD, has proposed a penalty of over $425 million against Amazon.com Inc (NASDAQ: AMZN) in a draft decision for alleged violations of Europe’s General Data Protection Regulation (GDPR) linked to Amazon’s collection and use of...

Apple Inc’s (NASDAQ: AAPL) weeklong annual conference for software developers from June 7 arrives on the heels of Apple’s legal tussle with “Fortnite” maker Epic Games Inc, which underscored the growing animosity with some developers from Apple’s alleged monopoly...

The French competition watchdog has agreed to settle Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google’s antitrust lawsuit for allegedly influencing the digital advertising sector and self-preferencing between Google’s advertising-technology tools, for a penalty of 220...

FBI Director Christopher Wray disclosed the agency’s investigation on 100 different types of ransomware, including those tracing to Russian links, and drew parallels with the challenges of Sept. 11, 2001, terrorist attacks, the Wall Street Journal reports. “There are a lot of...

Pershing Square Tontine Holdings Ltd (NYSE: PSTH) is trading lower Thursday night following a report by the Wall Street Journal stating that the Bill Ackman-backed SPAC is nearing a deal with Universal Music Group that would value the world's largest music company at around...

Data analysis provider Palantir Technologies Inc (NYSE: PLTR) CEO Alexander Karp received compensation valued at $1.1 billion for 2020, including $798 million in options and $296 million in restricted stock, the Wall Street Journal reports. Meal delivery provider DoorDash Inc...

Activist fund Elliott Management has procured over 10% stake in Dropbox Inc (NASDAQ: DBX), valued at over $800 million, becoming the cloud storage group's biggest institutional shareholder by beating Vanguard Group, the Wall Street Journal reported. CEO Drew Houston is the...

Huawei Technologies Co rolled out its self-developed smartphone operating system, Harmony OS, to reduce dependence on U.S. suppliers and contest Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google’s dominance., the Wall Street Journal reports. What Happened: ...

SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)- backed Chinese Uber Technologies Inc (NYSE: UBER)-like truck service provider Full Truck Alliance Co has filed for an NYSE initial public offering (IPO) at a valuation...

The FDA and Johnson & Johnson (NYSE: JNJ) are expected to announce that contamination problems at Emergent BioSolutions Inc’s (NYSE: EBS) Baltimore Bayview plant have been resolved, and production is set to resume, the Wall Street Journal reported. The deal with...

Facebook Inc (NASDAQ: FB) has lifted the ban on posts alleging the COVID-19 virus was man-made, which has sparked a big row over the virus’s origins first detected in Wuhan, China, in Nov. 2019, the Wall Street Journal reports. President Joe Biden has ordered a U.S....

Florida Gov. Ron DeSantis signed a bill on Monday that prohibits the tech platforms with at least 100 million global monthly users from banning Florida political candidates, the Wall Street Journal reports. The social-media companies have refuted allegations regarding political influence over...

Commerce Secretary Gina Raimondo empathized with the array of sectors hit by the pandemic induced semiconductor chip crisis, especially the auto sector, while assuring no preferential treatment towards the industry, during a meeting with Ford Motor Co (NYSE: F), General Motors...

Pinterest Inc (NYSE: PINS) has pledged to raise the gender, racial and ethnic workforce diversity after facing flak for discrimination last year, the Wall Street Journal reports. The company CEO Ben Silbermann acknowledged accountability for employees’ workplace experience....

China Mobile Ltd (OTC: CHLKF) seeks to raise almost $6.1 billion from the sale of up to 964.8 million shares (based on Monday closing price) in Shanghai Stock Exchange following former Trump government-led eviction from the U.S. exchange, the Wall Street Journal reports. On May 6,...