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Communications Services Down As Investors Rotate Out Of Growth Sectors - Communications Services Roundup

03/03/2021 | 05:26pm EDT

Communications services companies fell as investors rotated out of growth sectors and into sectors that benefit from higher Treasury yields, such as financials.

Google plans to stop selling ads based on individuals' browsing across multiple websites, shaking up the digital advertising industry that was built, in part, on tracking technology.

Kevin Mayer, a former senior executive of the Walt Disney and architect of its successful Disney+ streaming service, has been named chairman of DAZN Group, a sports-streaming platform, DAZN said.

Verizon said it resolved an internet routing issue that affected some customers.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

03-03-21 1725ET

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