News Highlights: Top Company News of the Day - Wednesday at 11 PM ET

Samsung's New AI Laptop Struggles to Run Software Including 'Fortnite' 
 

The issues offer a hint of the challenges some tech companies might face as they introduce new AI-powered computers and smartphones while seeking to maintain compatibility with existing software.

 
Elon Musk Pitches Advertisers on a Return to X, Months After Telling Some to 'F' Themselves 
 

The billionaire spoke onstage at the Cannes Lions International Festival of Creativity about advertising, artificial intelligence and more.

 
U.K. Regulator to Scrutinize Hewlett Packard Enterprise-Juniper Networks Merger 
 

U.K. regulators will probe the potential merger, in which the Texas-based IT firm, known as HPE, aims to buy the California-based artificial intelligence company in a deal that was valued at $14 billion in January.

 
Super-Star Sneaker Maker Golden Goose Postpones IPO 
 

Italian fashion company Golden Goose, the maker of Super-Star sneakers worn by celebrities including Taylor Swift, has postponed its initial public offering, citing European market volatility.

 
Vodafone Raises Stake Sale in Indian Telecom Tower Company 
 

Vodafone plans to raise close to $2 billion by selling the bulk of its stake, or almost 18%, in Indus Towers, according to a term sheet seen by The Wall Street Journal.

 
Toyota Shareholder Support for Chairman Akio Toyoda Falls Sharply 
 

Toyoda was re-elected to the board with just under 72% support, down from more than 95% in 2022, suggesting rising dissatisfaction with corporate governance at the automaker.

 
Nvidia's Ascent to Most Valuable Company Has Echoes of Dot-Com Boom 
 

The chip maker passes Microsoft for the top spot, just as John Chambers-led Cisco Systems did two decades ago. He says the situation now is different.

 
Boeing Sent Two Astronauts Into Space. Now It Needs to Get Them Home. 
 

Helium leaks and thruster problems have prompted NASA and Boeing to delay the astronauts' return on the company's Starliner vehicle.

 
Fengate Acquires Canada Data-Storage Firm eStruxture in $1.3 Billion Deal 
 

Toronto-based Fengate Asset Management has acquired control of a data-center services provider in one of the biggest privately-led Canadian deals of the year.

 
TikTok Faces New FTC Claim of Violating Children's Privacy 
 

The consumer-protection agency is asking the Justice Department to take enforcement action against the company over possible violations.

(END) Dow Jones Newswires

June 19, 2024 23:15 ET (03:15 GMT)

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