News Highlights: Top Company News of the Day - Thursday at 1 PM ET
Disney to Stop Using Slack Following Hack That Exposed Company Data
The company said in a memo that most of its businesses would stop using the tool by the end of this year.
Social-Media Firms Lack Adequate Privacy Controls, FTC Report Says
The consumer-protection agency said in a report that major social-media companies and video streaming services engaged in vast consumer surveillance while failing to provide adequate privacy controls or safeguards for children.
Politico Owner Axel Springer Strikes Breakup Deal With KKR
The German media company agreed with its largest shareholder to split its classifieds business from its media operations.
TD Bank CEO Bharat Masrani to Retire, Be Succeeded by Raymond Chun
Masrani plans to retire in 2025 after 38 years with the Canadian lender and more than a decade as CEO.
Hedge Fund Two Sigma Is in Settlement Talks With SEC
The firm is likely to pay as much as $100 million to settle a probe of a trading scandal.
Target Names PepsiCo's Jim Lee as Finance Chief
New CFO joins the retailer as it emerges from a challenging couple of years.
Olive Garden Breadsticks Hitch a Ride With Uber in Delivery Deal
A multiyear deal with Uber Technologies is set to begin with a pilot at select Olive Garden locations this year. Darden has long refused to allow third-party delivery companies to handle its food at a large scale.
Amazon's New 'Shark Tank'-Style Show Gives Winners Top Billing in Its Store
In a competition show, sellers will compete in front of Amazon executives and celebrity judges.
Meta to European Union: Your Tech Rules Threaten to Squelch the AI Boom
The Facebook parent and other companies are warning in an open letter that the regulations risk hampering innovation and economic growth.
EU to Offer Apple Guidance on Digital Rules Compliance
The European Union's executive arm has started a process to provide Apple with guidance on how the iPhone maker can comply with rules to ensure its operating systems are functional with other technologies.
(END) Dow Jones Newswires
September 19, 2024 13:15 ET (17:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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