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WSJ.com: What's News US Tue, 23 Jan 2018 06:51:35 EST
WSJ.com: What's News Technology Tue, 23 Jan 2018 00:30:17 EST
  • 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 Tue, 23 Jan 2018 06:44:07 EST
  • U.K. Deals a Blow to Fox's $16 Billion Takeover of Sky  - British antitrust regulators said 21st Century Fox proposed $15.5 billion acquisition of the 61% of U.K. pay-TV giant Sky that it doesn’t already own would be against public interest and would give the Murdoch family too much influence in British media.
  • As U.S. Fires Trade Shot at China, Multinationals Caught in Crossfire  - Marriott and other foreign companies are reeling under China’s increasingly prickly nationalism; now they face the grim prospects of getting caught in the middle of escalating trade tensions.
  • Manufacturers Fight Over New Tariffs' Effect on U.S. Jobs  - President Donald Trump’s move to slap tariffs on imported solar panels and washing machines is meant to revive domestic industries. But in the affected sectors, there is little agreement on whether it will actually jump-start U.S. manufacturing and jobs.
  • Bacardi Buying Patrón Tequila in Deal Valuing Brand at $5.1 Billion  - Bacardi Ltd. is acquiring the maker of Patrón tequila in a deal that values the premium brand at $5.1 billion, one of the biggest liquor buys in years as rivals scramble to own more top-shelf spirits.
  • Big Drugmakers Pay Big Prices for Promising Biotechs  - Celgene and Sanofi are the latest big drugmakers willing to pay hefty premiums for acquisitions amid an increasingly scarce roster of companies with promising products.
  • U.S. Tax Overhaul Will Accelerate Global Growth, IMF Says  - The global economy will gain momentum in 2018, driven in large part by recently approved U.S. tax-code changes, according to the latest forecasts of the International Monetary Fund.
  • By Adding to the Debt, Tax Cuts Could Complicate Next Downturn  - In enacting a tax cut that is projected to raise annual federal-budget deficits to nearly $1 trillion in the coming years, Washington could be trading more growth now for the risk of more pain down the road.
  • Congress Passes Three-Week Spending Bill to End Shutdown  - Congress approved a measure to fund the government for about three weeks, after Senate Democrats accepted GOP leaders’ assurance that they would bring an immigration bill to the floor. The House followed suit, and President Donald Trump signed the bill, ending the three-day shutdown.
  • Canada and Mexico Seek to Head Off U.S. Exit From Nafta at Montreal Talks  - Canadian and Mexican trade officials in Montreal on Sunday will begin laying out proposals aimed at convincing their U.S. counterparts not to put an end to the North American Free Trade Agreement.
  • BOJ's Kuroda Squashes Speculation on Higher Rates This Year  - Bank of Japan Gov. Haruhiko Kuroda continued his efforts Tuesday to cool recent speculation that the bank will raise rates this year, indicating that the Japanese central bank wasn’t ready to join a global wave of unwinding led by the Federal Reserve.
  • Tesla Gives Musk New Long-Term Pay Deal  - Tesla said it updated the pay package for Elon Musk with a plan that again ties his compensation entirely to key performance benchmarks—albeit this time much larger ones.
  • P&G Trying to Stop 'Dangerous' Tide Pods Challenge, CEO Says  - Procter & Gamble CEO David Taylor on Monday outlined steps the company is taking to keep teens from eating Tide laundry pods for sport, a behavior he called a “dangerous trend” fueled by social media.
  • Netflix Continues Landing Customers  - Netflix Inc. again posted strong subscriber growth even as it faces increased competition for viewers and programming.
  • China Sends Mixed Messages About Economic Policies  - President Xi has talked about focusing on the quality of the economy, but Beijing still needs strong growth to ensure employment and social stability.
  • Trump's 'America First' Message Is a Case of Rhetoric vs. Reality---So Far  - One year after Trump’s inaugural, the results are far murkier than his blunt warning to allies suggested.
  • Return Trip: Airlines Flock Back to Smaller Cities  - Airlines are returning to midsize U.S. cities, lured by lower fuel prices, a desire to attract more passengers to their hub airports, and competition on major routes from low-cost carriers.
  • Adobe CFO Garrett to Retire, Company Books Charge, Raises Guidance  - Adobe Systems Inc. finance chief Mark Garrett is retiring from the company after spending more than a decade in that role.
  • FirstEnergy Gets $2.5 Billion From Elliott, Bluescape Investor Group  - FirstEnergy has raised $2.5 billion in a private stock offering from a group led by activist investor Elliott Management and private-equity firm Bluescape.
WSJ.com: Markets Tue, 23 Jan 2018 06:15:51 EST
  • Outsourcers Still Susceptible to Changes in the Political Weather  - Shares in big Indian outsourcing firms like Infosys have been on a roll. The ongoing immigration debate in the U.S. is a looming cloud.
  • Cartier-Owner Richemont Bets Big on Online Bling  - Would you buy a $100,000 watch online? Richemont wants to buy out its fellow shareholders in Yoox Net-a-Porter, because for more people, the answer is yes.
  • Netflix Says Catch Me if You Can  - Netflix has set a new subscriber record, with growing viewers in global markets.
  • High Prices Won't Deter Biotech Deals  - Expect more expensive biotech acquisitions after two high-priced deals were announced Monday.
  • Is Growth Worth the Risk at AIG?  - AIG has to fix its core business and is paying up in deal, but the insurer could benefit from diversification and growth.
  • What Facebook's Feed Changes Mean for the News  - Publishers would be wise to reduce their dependency on Facebook as it gets ready to tweak its algorithm.
  • UBS Catching Up to American Rivals With Buyback  - UBS had more of a near-death experience than some. As a result, it has returned to health much more rapidly. Shareholders are benefiting with a big new buyback program.
  • Chinese Banks' Sudden Strategy Shift Isn't Risk-Free  - Ping An Bank’s aggressive foray into retail lending may not be the answer to its problems.
  • Raises and Bonuses Are About Economics, Not Politics  - The bonuses and wage increases companies have been handing out since the tax plan passed won’t weigh very heavily on profit margins. The environment that engendered them will.
WSJ.com: Opinion Tue, 23 Jan 2018 00:30:02 EST
  • Chuck Schumer, Shut Down  - Democrats running for President vote to keep the government closed.
  • James Comey's Ethics Class  - Some advice on questions to discuss and speakers to invite.
  • A Corporate Fighter Rewarded  - MetLife fought and won. Prudential should help with the litigation costs.
  • How to Invest in an Overpriced World  - Two strategies that work: broad diversification and rebalancing. Also, try to minimize your costs.
  • Hit Ayatollah Khamenei in His Pocketbook  - Supporters brag about his modest lifestyle, but Iran’s ruler runs a billion-dollar corporate conglomerate.
  • Immigration Is Still Radioactive  - A debate between naive elitism and ugly nativism only impedes pragmatic reforms.
  • Give Your Workers a Tax-Cut Bonus  - If you’re an employer who increased wages due to the Republican tax cuts, tell your employees why.
  • Justice May Bust the College Trust  - The federal government is looking into an ‘ethics code’ designed to shield schools from competition.
  • How to Grieve in the Facebook Age  - Be thoughtful when your online friends have lost a loved one.
  • The Curious Case of Adam Schiff  - The one man in America uninterested in whether the Steele dossier is true or not.
  • Why Venezuela Suffers  - The regime enters phase two of its plan for a Pan-American revolution.
  • Stocks Weren't Made for Social Climbing  - Profits are the proper gauge of a company’s value to consumers—and to society.
  • The Schumer Surrender  - People used to laugh when Trump told supporters they’d get ‘sick of winning.’
 
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