Yahoo’s EU regulator orders privacy changes over data breach
DUBLIN (Reuters) – Yahoo’s European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens.
U.S. senator questions Alphabet, Twitter on Huawei relationship
WASHINGTON (Reuters) – A U.S. senator on Thursday is seeking responses from Google parent Alphabet Inc and Twitter Inc on whether the U.S. companies have any data sharing agreements with Chinese vendors, following a disclosure from Facebook Inc this we…
Disney, Fox carved out assets ‘surgically’: U.S. antitrust chief
NEW YORK (Reuters) – Walt Disney Co’s $52.4 billion deal to acquire most of Twenty-First Century Fox Inc’s assets was “surgically” structured on good advice to be submitted to regulators, Makan Delrahim, assistant attorney general for the U.S. Depart…
Bank of America raises planned Paris job moves before Brexit: sources
LONDON (Reuters) – Bank of America is looking to move more jobs than originally envisaged to its new Paris office, in what is expected to be one of the biggest such shifts from London ahead of Brexit, two sources familiar with the matter said.
Some fund managers are avoiding Amazon as it leads U.S. market
NEW YORK (Reuters) – For most U.S. fund managers, beating the market this year has come down to one decision: whether or not to own shares of Amazon.com Inc .
Tech rally loses steam, McDonald’s pushes Dow higher
(Reuters) – A rally in technology stocks came to a halt on Thursday, setting up the Nasdaq for its first loss in five days, while a jump in McDonald’s shares and energy stocks boosted the Dow.
Walmart sues to bar former tax executive from joining Amazon
WILMINGTON, Del. (Reuters) – Walmart Inc has asked a court to block a former top tax executive from joining Amazon.com Inc , saying the move would violate a non-compete agreement and irreparably harm Walmart by potentially tipping off its rival to str…
Elliott’s Singer agrees with Buffett, Dimon on profit guidance
(Reuters) – Hedge fund Elliott Management Corp Chief Executive Paul Singer said on Thursday he agreed with billionaire investor Warren Buffett and JPMorgan Chase & Co CEO Jamie Dimon that companies should move away from providing quarterly earnings guidance.
U.S. ITC says probing Toyota, others in patent infringement case
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Thursday it would investigate Toyota Motor Corp , Panasonic Corp and other companies for alleged patent infringement in certain infotainment systems, components and automobiles con…
Exclusive: U.S. Justice Department probes T-Mobile-Sprint merger effect on smaller wireless companies – sources
NEW YORK (Reuters) – The U.S. Department of Justice is examining how the proposed merger between T-Mobile US Inc and Sprint Corp could affect prices for smaller wireless operators, according to two people familiar with the matter.
