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WSJ.com: What's News US Mon, 23 Oct 2017 00:15:46 EDT
  • Tesla Strikes Deal to Build Factory in China  - Tesla has reached an agreement to set up its own manufacturing facility in Shanghai, a move that could help it gain traction in China’s fast-growing electric-vehicle market.
WSJ.com: What's News Technology Sun, 22 Oct 2017 00:31:04 EDT
  • Dyn Says Cyberattack Has Ended, Investigation Continues  - The web service provider was disrupted by a denial-of-service attack on Friday that cut off access to popular sites such as Twitter, Netflix and PayPal.
  • Visa Taps Blockchain for Cross-Border Payment Plan  - Visa is putting a bitcoin-style network to work as it aims to take on a new market, the large and complex cross-border payments made between businesses.
  • Airbnb Revises New York Rules Amid Possible Legislation  - Airbnb announced planned changes to its home-listing website in New York to appease regulators, as Gov. Andrew Cuomo considers a bill that would impose stiff fines on some hosts.
  • Russian Hacker Suspected of LinkedIn Attack Indicted in U.S.  - A federal grand jury in Oakland has indicted a 29-year-old Russian man suspected of hacking into three Bay Area technology companies: LinkedIn, Dropbox and Formspring, a now-defunct social networking company.
  • FCC Reaches Settlement With T-Mobile Over Unlimited Plans  - The Federal Communications Commission said Wednesday it reached settlement with T-Mobile US Inc. valued at $48 million for failing to adequately inform consumers of wireless data restrictions on plans it called “unlimited.”
  • Kabam Weighs Multiple Offers for Canada Studio  - Mobile-videogame publisher Kabam Inc. is weighing multiple acquisition offers for its most lucrative studio, according to a person familiar with the matter, in a sign of continued deal making in the game industry.
  • Snapchat to Revamp Ad Sales Agreements With Publishers  - Snapchat has indicated it intends to shake up the structure of its content deals with media companies, telling some that it wants to pay them a licensing fee and sell all the advertising itself.
  • The Natural Side of A.I.  - IBM CEO Ginni Rometty on the biggest misconception about intelligent machines
  • Citrix Raises Annual Outlook as Quarterly Earnings Jump  - Citrix Systems Inc. reported better-than-expected results in the latest quarter and raised its outlook for the year as the software company benefited from climbing revenue from its license updates and maintenance business.
  • Google Signs Up CBS for Planned Web TV Service  - Google Inc. has reached an agreement with CBS Corp. to carry the broadcast network on its soon-to-be-launched web TV service, people familiar with the matter said.
  • IPO Hopeful Bloom Energy Enlisted Colin Powell for Tax-Credit Extension  - The $1.2 billion-backed Silicon Valley-based energy startup said in documents, viewed by The Wall Street Journal, that the extension of a tax credit is a “prerequisite for an IPO.”
  • Pure Storage, Dell Settle Litigation Launched by EMC  - Pure Storage and Dell Technologies ended a three-year legal battle launched by EMC Corp., which was recently acquired by the big computer maker.
  • Cybersecurity: Peace of Mind Isn't Priceless  - Fortinet’s recent warning is the latest sign that cybersecurity demand is moderating.
  • Seagate Earnings Jump on Cost Cuts, Storage Demand  - Seagate Technology said its profit more than tripled in the September quarter, boosted by the company’s recent cost cuts and increasing demand for its cloud-storage products.
  • Google Pitches Survey Tool to Measure Effectiveness of Advertising, Branded Content  - Google wants to help marketers better understand the impact of their advertising and branded content efforts with a new version of its online surveys product called Google Surveys 360.
  • Calling Tehran: Vodafone Leaps Into Iran With Internet-Service Deal  - Vodafone Group is partnering with an Iranian internet-service provider to help improve its networks in the country, making it the latest, big Western company to dive into the fast-opening Islamic Republic.
  • Turns Out Belichick Is Not a Big Tablet Guy  - Bill Belichick is done fumbling with technology on the sidelines.
  • Nintendo Earnings: What to Watch  - Nintendo is scheduled to announce its second-quarter earnings after the Japanese market closes on Oct. 26. Here’s what you need to know.
  • 'Grand Theft Auto' Game Publisher Plans New Title  - Take-Two Interactive Software confirmed it would release a “Red Dead” videogame next fall after investors drove up the company’s shares 5% Monday on earlier hints that the announcement was imminent.
  • Salesforce's M&A Target List Excluded Twitter  - Months before Salesforce considered buying Twitter, the company was looking at more than a dozen acquisition targets that didn’t include the social-media giant, according to a leaked internal presentation for its board members.
  • Venture Capital Prowls into the Life-Insurance Business  - Ladder Financial said it raised $14 million in a new fundraising round led by Canaan Partners, one of LendingClub’s first outside investors.
  • Intel's Earnings Rise, but Revenue Outlook Disappoints  - Intel reported a 9% rise in quarterly earnings, as a lengthy slide in the computer market reversed and cloud companies stocked up on servers. Shares, though, slid after the company’s lackluster revenue outlook.
  • Corporate Leaders Can Learn From Himalayan Climbers  - How is climbing the corporate ladder like reaching the summit of Mount Everest? Workplace teams may harm their effectiveness when they play down individuals’ important differences to promote group cooperation, a study finds.
  • Qualcomm Promises 5G Modem Chip for 2018  - Qualcomm Inc. announced plans to deliver its first chip for the next generation of cellular networks, angling to be ready as some carriers roll out versions of 5G services by 2018.
  • Zenefits Touts New Software in Turnaround Effort  - Human-resources startup Zenefits is seeking to put its troubled past behind it, launching redesigned software at its first customer conference in an effort to jump-start sales and repair its corporate image.
  • Tesla Extends Delivery Date of Model 3 for New Reservations  - The wait for Tesla’s upcoming Model 3 sedan just got longer for some buyers. New reservations for the vehicle won’t be filled until mid-2018 or later.
  • Companies Try Out Selfies as Password Alternatives  - Companies and government agencies—from ride-hailing service Uber and credit-card giant MasterCard to the Alabama Department of Revenue—are asking people to snap self-portraits on their phones as proof of identity.
WSJ.com: US Business Sun, 22 Oct 2017 23:06:02 EDT
  • Tesla Strikes Deal to Build Factory in China  - Tesla has reached an agreement to set up its own manufacturing facility in Shanghai, a move that could help it gain traction in China’s fast-growing electric-vehicle market.
  • Trump Plan for Coal, Nuclear Power Draws Fire From Environmental, Oil Groups  - A Trump administration proposal aimed at shoring up coal-fired and nuclear power plants has generated opposition from groups often at odds, including environmentalists, the oil and gas industry and some utilities.
  • J.P. Morgan, United Renegotiating Card Partnership  - United Continental Holdings is in discussions with J.P. Morgan to renegotiate terms of their co-branded card partnership, a move some analysts fear could suppress revenue at the bank.
  • How Facebook's Master Algorithm Powers the Social Network  - Artificial intelligence permeates everything at Facebook, the social network’s head of applied machine learning says—and humans are bound to understand Facebook less than ever.
  • Europe's Chances for a Wage Boom Look Slim  - European Central Bank officials are watching wage growth as they plot a gradual retreat from easy money policies to boost the regional economy. But the pickup they’re looking for as a signal that Europe is returning to full health might not materialize.
  • With Workers Split Over Trump, Unions Look to Bridge the Divide  - At the largest meeting of organized labor next week, U.S. unions are shutting out politicians so they can determine who their friends are.
  • Trump Signals Yellen Still a Top Fed Candidate After Meeting This Week  - Donald Trump signaled that Fed Chairwoman Janet Yellen remains a strong candidate to be renominated for the job after the two met this week, saying he liked her “a lot,” while also highlighting John Taylor and Jerome Powell as front-runners.
  • Housing-Supply Shortage Weighs on Home Sales  - Sales of previously owned homes declined on an annual basis for the first time since July 2016, suggesting a chronic shortage of homes for sale is beginning to take a bigger toll on the market.
  • Merck to Shed Some U.S. Sales Reps to Cut Costs  - Merck & Co. said it is laying off nearly 7% of its U.S. workforce in a reorganization the company says will cut costs and shift focus to products with growth potential.
  • Big Oil Set for Bumper Profits Despite Cheap Crude  - When some of the world’s largest energy companies report earnings next week, it will provide a glimpse into whether they are improving profitability as oil prices continue to hover around $50 a barrel.
  • U.S. Jobless Claims Fall to 44-Year Low  - The number of Americans filing applications for new unemployment benefits fell to the lowest level in 44 years, reflecting power outages in storm-ravaged Puerto Rico and the U.S. Virgin Islands that have disrupted the application process.
  • GOP Divided Over Monetary Policy as Fed Chief Pick Looms  - After criticizing the Fed for the past eight years, Republicans have a chance to change the course of the central bank when President Donald Trump nominates someone to take the helm in early 2018. But they are divided over which direction monetary policy should take.
  • Weakened Nafta, WTO Would Pave Way for Conflict  - Trump administration attempts to neuter Nafta and the World Trade Organization are intended to sideline the referees from the world trade arena, but that would allow both the U.S. and rivals to be more aggressive, Greg Ip writes.
  • Fox Aware of O'Reilly Settlement at Contract Renewal  - 21st Century Fox knew of a settlement Bill O’Reilly had reached with a network analyst who had accused him of sexual harassment when the company renewed the star Fox News host’s contract, the company said.
  • Trash Talk: Price of Recyclables Sinks After China Bans U.S. Scrap  - Some U.S. manufacturers are turning trash into treasure after a Chinese ban on imported waste flooded American scrapyards with paper and plastic.
  • Companies Leave Bean Counting to the Robots  - Large corporations world-wide are increasingly turning to robotic software in an effort to cut costs, liberate workers from repetitive tasks and, in many cases, reduce finance-department employee numbers.
WSJ.com: Markets Sun, 22 Oct 2017 23:55:56 EDT
  • What Will the Next Fed Chief Do About Stocks?  - With the Federal Reserve likely to be under new leadership next year, investors are asking how the central bank will approach the economy. They should also be asking how the Fed will deal with asset prices.
  • Catastrophes Everywhere, but Big Insurers May Do Alright  - Much uncertainty remains around the costs from recent storms and earthquakes that will fall on investors. But for the big traditional groups like Swiss Re and XL, the storm damage may not be that bad.
  • The Downside of Big Profits at Google and Facebook  - Google, Facebook and Twitter face serious questions about their outsize influence. Strong earnings reports won’t help that.
  • P&G Does Itself No Favors Post-Peltz  - Life isn’t getting easier for Procter & Gamble after its unconfirmed victory in the proxy fight with activist Nelson Peltz.
  • General Electric's Kitchen Sink May Still Have Holes  - General Electric left its investors unhappy once again. At least management seems to be getting the message this time.
  • Box Stacks Up its Cloud Gains  - Young tech companies like to move fast and break things, but humbled upstart Box has discovered the value of taking things slow and steady.
  • How the Stalled Aramco IPO Could Hamper Hong Kong's Dreams  - An Aramco listing in Hong Kong would stoke the city’s ambitions to become the place where Chinese capital meets international companies.
  • Chenault's Unfinished Business at AmEx  - American Express CEO Ken Chenault is going out on a high note, but his successor will have to contend with fundamental questions about the company’s business.
  • Unilever Cost-Cutting Turns Out to Be Twisty Path to Profits  - The Anglo-Dutch consumer giant has been hit by upstart competitors like ice-cream brand Halo Top, as brand-building is a less predictable business than it used to be.
WSJ.com: Opinion Sun, 22 Oct 2017 00:30:02 EDT
  • After Victory in Raqqa  - Iran stands to benefit from a post-caliphate U.S. withdrawal.
  • Smearing Ed Gillespie in Virginia  - Could a Republican win in the only southern state carried by Clinton?
  • Pass the Senate Budget  - The House GOP should accept the gift of $1.5 trillion for tax reform.
  • The Business of Saving Lives  - Gilead Science’s executive chairman talks about the new era of biomedicine and why drugs cost so much, as Donald Trump has noticed.
  • The Fatal Flaw in California's Cap-and-Trade Program  - Emitters can just leave—which is why the state has now delayed carbon’s real day of reckoning to 2030.
  • Tolstoy's Classics Are Still Fresh a Century and a Half Later  - Henry James called ‘War and Peace’ a ‘loose, baggy monster.’ Count me a fan of monsters.
  • Big (and Hurting) Media on Drugs  - Did the Washington Post overplay its opioid story because it spent so much money on it?
  • Trump May Be Following Palin's Trajectory  - Support for her cooled due to antic statements, intellectual thinness and general strangeness.
  • The Fusion Collusion  - Democrats are trying to protect the firm’s secrets—so the GOP should keep digging.
  • Silence of the Scams  - Bill Clinton probably can’t believe how little press he’s getting these days.
 
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