News Highlights: Top Company News of the Day - Wednesday at 9 PM ET

Micron Revenue Soars on  'Robust AI Demand' 
 

The memory chip maker said revenue grew 93% in the latest quarter.

 
OpenAI to Become For-Profit Company 
 

The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.

 
Pfizer to Withdraw Sickle-Cell Drug Oxbryta From Global Markets 
 

The healthcare company said clinical data indicates the overall benefit of Oxbryta no longer outweighs the risk in the approved patient population.

 
Ubisoft Slashes Guidance After Assassin's Creed, Star Wars Setbacks 
 

The updated forecasts come after the French videogame maker delayed the release of Assassin's Creed Shadows and said initial sales of Star Wars Outlaws proved softer than expected.

 
DP World Is Seeking to Build a Trade Hub in Mexico 
 

Port terminal operator DP World is talking to Mexico's government about allowing it to start operations in the country, which would enable the Dubai-based business to handle cargo heading into the U.S. from the south.

 
Google Files EU Antitrust Complaint Against Microsoft 
 

The search giant argues that Microsoft is abusing its market power in enterprise software to push customers to use its cloud-computing service.

 
Meta Slashes Price of Quest VR Headset 
 

The new Quest 3S headset starts at $300, as Facebook-parent Meta seeks to further undercut Apple's new Vision Pro.

 
UniCredit Sees All Options Open for Commerzbank Stake But Won't Seek Board Seat 
 

Italy's UniCredit won't seek a seat on Commerzbank's supervisory board despite a recent move to become the German bank's biggest shareholder, UniCredit's chief executive said Wednesday.

 
Shein Faces Italian Antitrust Scrutiny Over Environmental Claims 
 

Italian officials opened an investigation into Shein, saying the online fast-fashion giant might be making misleading claims about the sustainability of the clothing it sells.

 
The Celebrities Lending Their Voices to Meta's New AI 
 

The social media giant announced deals with Awkwafina, John Cena and others, who are allowing a likeness of their voices to be used with its AI assistant.

(END) Dow Jones Newswires

September 25, 2024 21:15 ET (01:15 GMT)

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