Facebook Appeals Move to Curb EU-U.S. Data Transfer
Facebook is appealing a preliminary order by Ireland's privacy regulator to suspend its data transfers from Europe to the U.S., pushing its stance in a case with wide-ranging implications for global tech businesses.
Peloton's Winning Cycle Could End With Covid-19
While Peloton's growth has been exceptional during the pandemic, a long-term bet on its fitness platform is also one that gym membership has taken a permanent hit.
Disney's 'Mulan' Experiment Gets Complicated
Walt Disney Co.'s "Mulan" could serve as a test case for the future of movie distribution. It also might test the entertainment giant's abilities to strike a delicate balance in a highly politicized global market.
Altice Europe to Delist as Drahi Makes Offer
Altice Europe has agreed to be taken private in a takeover offer of EUR2.5 billion by Patrick Drahi, its founder and majority shareholder.
Rio Tinto CEO to Step Down Amid Fallout Over Destruction of Ancient Rock Shelters
Rio Tinto said its chief executive would step down as it battles to contain the fallout from the destruction of two ancient rock shelters in northwestern Australia's minerals-rich Pilbara region that were culturally significant to a local indigenous group.
Euronext Prepares Bid for LSE's Borsa Italiana
Euronext is in talks with Italian lender Cassa Depositi e Prestiti to submit an offer for the London Stock Exchange's Borsa Italiana.
EBay Founder Pierre Omidyar Steps Down From Board
EBay founder Pierre Omidyar stepped down from the company's board as part of a broader overhaul that also has Elliott Management partner Jesse Cohn leaving the board.
U.S. Regulators Fine Pork Giant Smithfield Over Covid-19 Outbreak
The Labor Department fined Smithfield Foods over a Covid-19 outbreak that infected nearly 1,300 workers at a South Dakota plant and killed four.
Russian Hackers Have Targeted 200 Groups Tied to U.S. Election, Microsoft Says
Russian government hackers have targeted at least 200 organizations tied to the 2020 U.S. election in recent weeks, according to Microsoft Corp.
Rubio Seeks Security Review of Chinese Bid for GNC
Sen. Marco Rubio urged a national-security panel, the Committee on Foreign Investment in the U.S., to review a Chinese company's bid for struggling vitamin-and-supplement chain GNC.
