Paper Companies Near Big Merger Deal
WestRock, Smurfit Kappa are in talks to create a company with combined value of roughly $20 billion.
China’s Microsoft Email Cloud Hack Began With a 2021 Computer Crash
The cryptographic key that hackers used to access to Microsoft’s cloud was stored by mistake on the company’s corporate network for more than two years.
WeWork Looks to Renegotiate Most of Its Leases as It Fights to Survive
WeWork launched a renegotiation of its office leases globally, testing its leverage against landlords that stand to lose if the embattled co-working space provider goes out of business.
GameStop Narrows Quarterly Loss as Costs Drop
The videogame retailer hasn’t had a chief executive since June.
Comcast, Disney Move Up Start of Hulu Negotiations
Comcast CEO Brian Roberts says Hulu is likely worth more than $30 billion.
T-Mobile Will Start to Pay a Dividend. The Market Balks.
T-Mobile will join telecom peers AT&T and Verizon Communications by starting to pay a dividend. The stock will yield around 1.9%.
Cyber Company IronNet Furloughs Workers, Explores Bankruptcy
Company founded by former Pentagon brass says it will ‘substantially curtail’ operations in the absence of new funds.
Google Reaches Antitrust Settlement With States Over App Store Practices
Alphabet and the states told a judge they agreed in principle to settle claims that Google has monopolized distribution of apps on devices that run the Google-owned Android operating system.
More Binance Executives Leave, Including Some Overseeing Russia
Several Binance executives have left recently, including leaders overseeing its Russian business, extending a period of rapid senior turnover at the crypto giant.
ESPN Bets Big on Pat McAfee, an F-Bomb-Throwing YouTube Star
Sports-media giant goes outside its comfort zone with ‘The Pat McAfee Show,’ hunting for young viewers amid a tricky digital transition.
Source: Dow Jones Newswires