News Highlights: Top Company News of the Day - Thursday at 3 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 agency said the companies 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 Taps Veteran to Succeed Bharat Masrani as CEO 
 

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.

 
Mobileye's stock surges as Intel gives this reassuring sign 
 

Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.

 
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.

(END) Dow Jones Newswires

September 19, 2024 15:15 ET (19:15 GMT)

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