The Wall Street Journal

Sony Corp (NYSE: SNE) has inked a deal to buy AT&T Inc’s (NYSE: T) anime video streaming subsidiary Crunchyroll for $1.175 billion in cash consideration. A definite agreement has been signed by Sony Funimation Global Group LLC to acquire a 100% stake in AT&T’s Ellation...

California-headquartered cybersecurity company FireEye Inc (NASDAQ: FEYE) revealed in a filing with the U.S. Securities and Exchange Commission on Tuesday that it was a victim of a cyberattack. The attack targeted the company’s “Red Team" assessment tools, used for...

Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk said Tuesday that fellow CEOs should embrace criticism and attention to detail while abandoning the unilateral focus on the bottom line. What Happened: Speaking virtually at the WSJ CEO Summit, Musk dished out advice to chief executives. “Are...

There was no wrongdoing involved in the process of Eastman Kodak Company (NYSE: KODK) receiving a $765 million federal loan for its pharmaceuticals foray, the U.S. International Development Finance Corp. has reportedly concluded.  What Happened: The DFC is the federal agency that...

Airbnb, Inc (NASDAQ: ABNB) is upping its initial public offering price range target to $56 to $60 a share compared to the earlier range of $44 to $50, the Wall Street Journal reported Sunday. What Happened: The vacation home rental company will enjoy a valuation of nearly $42 billion...

Alphabet Inc’s  (NASDAQ: GOOGL) (NASDAQ: GOOG) search engine unit Google fired the co-head of its Ethical Artificial Intelligence team, Timnit Gebru, over an email she wrote to an internal group and her “insufficiently rigorous” work, the Wall Street Journal reported Thursday...

The U.S District Judge presiding over the antitrust hearing against Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) dominance in the internet search remarked that the case warrants a new proposal over the sensitive nature of the content being discussed, especially the data collected from...

The London Stock Exchange could soon see its $27-billion acquisition of data analytics company Refinitiv receive European Union antitrust approval, Reuters reported Wednesday, citing people familiar with the matter.  What Happened: The LSE first proposed an all-stock ...

The U.S. House of Representatives is set to vote on a legislation on Wednesday that could force the delisting of Chinese stocks in the country if they don't comply with audit regulations, reports the Wall Street Journal. The legislation would require a two-thirds majority...

Airbnb Inc and DoorDash Inc are revising their enterprise valuation targets for their upcoming initial public offerings next month, according to the Wall Street Journal. Both the unicorn startups have reportedly upscaled the valuation range by $3 billion each. What Happened: The hike in the...

S&P Global Inc. (NYSE: SPGI) confirmed early Monday it is acquiring IHS Markit Ltd. (NYSE: INFO) in a deal that values the latter at $44 billion, including $4.8 billion of net debt.  What Happened: The Wall Street Journal had reported on the merger plans earlier on Sunday, citing...

Wall Street is bracing for Tesla Inc's (NASDAQ: TSLA) arrival to the S&P 500 Index on Dec. 18. What Happened: The addition of the California-based automaker is expected to create challenges because of the company's size, $555 billion, and volatility. Tesla's share price...

McCormick & Company, Incorporated (NYSE: MKC) is nearing an $800 million deal to acquire hot-sauce maker Cholula from private-equity firm L Catterton, the Wall Street Journal reports. The acquisition talks could finalize by Tuesday if the deal doesn't fall apart. What Happened:...

Commercial real estate data provider CoStar Group Inc (NASDAQ: CSGP) will acquire Homesnap Inc for $250 million. The all-cash deal is expected to close this year. What Happened: The acquisition is CoStar’s first venture in the residential real estate data business, according to the Wall...

Elizabeth Holmes, the former CEO of Theranos, wants to block information on her previous income and “luxurious” spending from being revealed in court, CNBC has reported. What Happened: Holmes’ defense attorneys filed a motion to exclude reports showing her earnings...