Spotify buys ‘cover song’ licensing firm to tackle copyright risks
LONDON/STOCKHOLM (Reuters) – Spotify , the world’s largest music streaming service, said on Thursday it is to buy Loudr.fm, a San Francisco-based provider of licensing technology to help it to locate songwriters and pay them royalties they are due.
Buffett’s Berkshire will oppose USG board nominees after Knauf bid
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc plans to vote against four board nominees proposed by USG Corp , giving a boost to a $5.9 billion takeover bid by German’s Gebr Knauf AG that the building products company had rejected.
Tesla, NTSB clash over Autopilot investigation
WASHINGTON (Reuters) – Tesla Inc lashed out at the National Transportation Safety Board on Thursday after the agency took the unusual step of removing the automaker as a party to its investigation of a fatal crash in March in which a Tesla vehicle’s “A…
Auto industry lawyers warn automated driving hype will be a legal matter
NEW YORK (Reuters) – Deadly crashes involving Tesla Inc and Uber Technologies [UBER.UL] vehicles operating entirely or in part under automated systems have made a once-abstract problem very real for auto industry lawyers gathered at a recent conferenc…
Wall Street gains on earnings optimism, waning Syria jitters
NEW YORK (Reuters) – U.S. stocks climbed on Thursday as investors anticipated a strong earnings season and as U.S. President Donald Trump’s suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries.
GM President: GM Korea restructuring talks have April 20 deadline
DETROIT (Reuters) – General Motors Co’s president said on Thursday that April 20 is a hard deadline to reach an agreement on a long-term financial restructuring of GM’s South Korean auto unit, after which the operation would likely seek bankruptcy pro…
Broadcom to buy back up to $12 billion of shares
(Reuters) – Chipmaker Broadcom Inc said on Thursday it would buy back up to $12 billion of its common stock, sending its shares up 4.5 percent to $250 in extended trading.
Wall Street rises on earnings hopes, easing Syria jitters
NEW YORK (Reuters) – U.S. stocks climbed on Thursday as investors anticipated a strong earnings season and as U.S. President Donald Trump’s suggestion that a military strike on Syria may not be imminent eased geopolitical worries.
VW names new boss to steer sweeping overhaul
BERLIN (Reuters) – Volkswagen has chosen Herbert Diess as its new chief executive in an overhaul that includes streamlining the company’s multiple car brands into just three groups while preparing its truck business for a potential listing.
Twelve senators seek FCC probe of Sinclair news scripts, pause in Tribune review
WASHINGTON (Reuters) – Twelve U.S. senators on Thursday asked the Federal Communications Commission to investigate Sinclair Broadcasting Group for “deliberately distorting news” and asked the commission to pause its ongoing review of the company’s pro…
