News Highlights : Top Company News Of The Day

Game Theory Part of the Art of the Sky Deal 

The same type of blind auction used to pick players in fantasy football leagues could decide the fate of Sky, a media company that employs 30,000 people and has a stock-market value of $36 billion.

Google Workers Discussed Tweaking Search Function to Counter Travel Ban 

Days after the Trump administration instituted a controversial travel ban in January 2017, Google employees discussed how they could tweak the company's search-related functions to show users how to contribute to pro-immigration organizations and contact lawmakers and government agencies, according to internal company emails.

Medtronic to Buy Mazor Robotics for $1.6 Billion 

Medtronic has reached a deal to acquire medical device maker Mazor Robotics, as the company looks to strengthen its technology for robotic-assisted spine surgeries.

Adobe Buys Marketing-Automation Firm Marketo for $4.75 Billion 

Adobe Systems agreed to acquire marketing-automation firm Marketo for $4.75 billion, its largest acquisition ever and the latest sign of its ambition to become a one-stop-shop for marketers.

Intel's Shortages Chip Away at Micron 

A shortage of high-end computer chips from Intel is being felt in other segments of the tech sector. The question is how far it might spread.

Digital Freight Startup Convoy Raises $185 Million, Surpasses $1 Billion in Value 

CapitalG, investment arm of Google parent Alphabet Inc., led a funding round aimed at backing the business in the growing field of digital freight booking.

Abandoned IT Integration Linked to Danske Bank Failures 

The billions that flowed through the Estonian branch of Denmark's largest bank may have slipped past risk analysts in part because the lender in 2008 dropped plans to integrate the branch into its group-level information technology platforms.

AT&T Attacks DOJ Appeal in Time Warner Case 

AT&T defended a court ruling that allowed it to buy Time Warner, arguing that both the law and current industry realities showed the acquisition wouldn't harm competition.

Wells Fargo to Cut Jobs Over Next Three Years 

Wells Fargo plans to cut as many as 26,500 jobs over the next three years as it adjusts to changing consumer behavior and works to recover from a series of scandals that have gripped the bank for the past two years.

Ad Company MDC Partners Exploring Strategic Options 

Embattled advertising company MDC Partners Inc. is exploring a potential sale, amid a slowdown in its performance and following the exit of its chief executive, according to people familiar with the matter.


(END) Dow Jones Newswires

September 21, 2018 07:00 ET (11:00 GMT)

Source :

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