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WSJ.com: What's News US Sun, 25 Jun 2017 14:44:05 EDT
WSJ.com: What's News Technology Sun, 25 Jun 2017 00:30:08 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, 25 Jun 2017 14:57:57 EDT
  • The $1.5 Trillion Business Tax Change Flying Under the Radar  - House Republicans are proposing eliminating the deduction that companies get for interest they pay on debt, a move that would alter modern finance. Yet the plan has gotten relatively little public attention or lobbying pressure.
  • In 10 Years, Your iPhone Won't Be a Phone Anymore  - Apple Inc. will still sell an iPhone, but expect the device to morph into a suite of apps and services, enhanced with AI and AR, part of a ‘body area network’ of devices, batteries and sensors.
  • Facebook Is Going Hollywood, Seeking Scripted TV Programming  - Facebook is meeting with Hollywood content creators with an eye to launching a slate of original TV-quality programming by the end of summer.
  • How Earthquakes Are Rattling a Farm Town Atop One of the World's Richest Gas Troves  - To limit earthquakes, the Dutch government has for years been imposing increasingly strict production limits at Groningen, Europe’s biggest gas field, and is now proposing another 10% cut.
  • SpaceX Seeks to Execute Back-to-Back Launches in Roughly 48 Hours  - Elon Musk’s SpaceX on Sunday will seek to complete a two-day, bicoastal demonstration of launch capability, completing its second unmanned mission since Friday.
  • Ahead of Fed Stress Test Results, Banks Have Less to Fear  - The Federal Reserve on Wednesday will release the final results of this year’s bank stress tests. Officials made the tests easier for some banks this year, and for the next time around they are preparing to further change the exams in fundamental ways.
  • New-Home Sales Rise in May as Prices Hit Record Level  - New-home sales rose in May and prices hit a record, more evidence of a housing market characterized by strong demand and tight inventories.
  • Sticking Points Slow GOP Budget Efforts  - House Republicans are struggling to agree on a plan to fund the federal government for 2018, a critical task that they must tackle before moving ahead with ambitions for a tax overhaul.
  • Trump's Steel-Tariff Threat Faces Resistance From Lawmakers  - Senior lawmakers in both parties are resisting the Trump administration’s moves toward imposing steel tariffs on national-security grounds, worried that other countries could use the same argument to block exports from their states.
  • Mexico's Central Bank Lifts Rates  - The Bank of Mexico lifted the overnight interest rate target by a quarter percentage point to 7%, the highest level since early 2009, and indicated that the tightening cycle that began in September has ended for now.
  • Macau Billionaire Heads to Trial in U.N. Bribery Case  - Macau billionaire Ng Lap Seng is facing charges that he orchestrated an elaborate scheme to bribe Caribbean diplomats to the United Nations, in a trial expected to put a spotlight on China’s ambitions at the international organization.
  • Google's 'Trust Us' Approach Doesn't Satisfy Pay Gap Skeptics  - Google, which has long portrayed itself as one of the world’s best workplaces, is facing government accusations that it underpays women and resisting pressure to turn over salary data to disprove them.
  • Jury Selection to Begin in Martin Shkreli Trial  - Federal prosecutors allege that the former Turing Pharmaceuticals CEO committed a series of interconnected frauds, misleading investors in his hedge funds and looting a publicly traded pharmaceutical company to cover the losses.
  • Senate Health Bill Gives Huge Tax Cuts to Businesses, High-Income Households  - The Senate’s health-care bill repeals hundreds of billions of dollars in taxes on businesses and high-income households and includes a retroactive cut in capital-gains taxes.
  • U.K.'s Euro Clearing Business at Risk as ECB Requests More Powers  - The European Central Bank requested greater powers to supervise euro-denominated clearing, stepping up a tug of war between European Union authorities and Britain over the future of the lucrative business line after Brexit.
  • Leaderless Uber Scrambles to Prevent Employee Exodus  - Uber’s senior managers have been urging its more than 15,000 employees to stick around and see how the embattled company reinvents itself after the ouster of its CEO.
  • Fiat Chrysler's Green Autos Have a Problem: They're Not for Sale  - The auto maker suspended production of its well-regarded Pacifica hybrid minivan in recent weeks and has recalled it, leaving customers and dealers disappointed.
  • American Airlines Bid Puts Qatar Airways' Chief in New Role: Raider  - Akbar Al Baker, the Qatar carrier’s sometimes abrasive CEO, isn’t backing down from his bid for a stake in American Airlines despite opposition from the target’s chief, its pilots and unions.
WSJ.com: Markets Sun, 25 Jun 2017 10:25:30 EDT
  • Brexit One Year Later: Markets Might Get It Wrong Again  - The Brexit vote sank the pound but buoyed the FTSE 100. That relationship might be changing.
  • BlackBerry's Valuation Got Disconnected  - BlackBerry’s share price surged in the months since it was awarded millions in an arbitration dispute with Qualcomm. Disappointing quarterly results wiped out a chunk of those gains.
  • For Consumers, Less Debt but Lots of Bills  - As a group, U.S. households’ debt-to-income and debt-to-asset ratios in the first quarter fell to their lowest levels since the early 2000s. But financial obligations beyond debt payments, such as rents and auto leases, are taking a bigger bite out of pay.
  • Weibo Gets in Beijing's Way  - Investors need to consider the political risk faced by China’s version of Twitter.
  • A New Risk for Goldman, Morgan Stanley in Stress Tests  - This year’s bank stress tests turned up an unpleasant surprise for Goldman Sachs and Morgan Stanley. The banks scored low on a metric introduced for the first time this year, the supplementary leverage ratio, meant to measure banks’ total leverage.
  • China's Debt Crackdown Could Get Out of Hand  - High flying Anbang and HNA are the latest victims of a broad crackdown on risk in China. The well-worn thesis that China would have a boring year ahead of its leadership summit has proven false.
  • 'Immaterial' Revision or Not, Hain Still has Problems  - An internal investigation at Hain Celestial Group found past errors in its accounting were immaterial. Investors care more about the company’s future, which still looks troubled
  • A Risky Bet By Investors---That the Health-Care Bill Fails  - The Better Care Reconciliation Act of 2017 is here, and investors aren’t remotely concerned.
  • Uber: Too Big to Flail  - The investors who have sunk many billions into Uber can take at least some comfort in the reality that scale still matters—by a lot.
WSJ.com: Opinion Sun, 25 Jun 2017 00:30:02 EDT
  • A Taxpayer Dike for Flood Insurance  - Republicans try to plug the leaks in a program for affluent homeowners in coastal states.
  • The Blackstone Entitlement  - Steve Schwarzman illuminates the family leave debate.
  • A Taking by Any Other Name  - The Supreme Court extends its bad record on property rights.
  • Is There Anything Grit Can't Do?  - Angela Lee Duckworth, the psychologist who champions ‘passion and perseverance,’ explains the power of ‘noncognitive skills.’
  • Detroit's Iraqi Christians Could Use Some Mercy From Washington  - More than 100 face deportation over crimes, some of them minor and committed decades ago.
  • Islamic State Wages War on the Middle East's Cultural Heritage  - Just this week terrorists blew up Mosul’s Grand al-Nuri Mosque, which
  • D.C. Shooter a Case for 'Pre-Crime'?  - Big tech firms already may know enough to provide a list of future suspects.
  • America Shouts While Europe Shrugs  - The U.S. media capitalize on division. Meantime, Parisians hardly notice a terror attack.
  • Saving Chief Wahoo  - The Supreme Court’s breathtaking defense of the bedrock principle of freedom to speak.
  • Fighting Poverty Isn't Brain Surgery, but Ben Carson Can Do Both  - ‘I don’t get upset when people say horrible things,’ the HUD secretary says. ‘People don’t like change.’
  • He Persisted  - Are Trump’s tweets a solution rather than a problem for his administration?
 
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