News Highlights: Top Company News of the Day
March 04 2021 - 11:15AM
Dow Jones News
Facebook Researchers Report Advance in Computer Vision
Facebook said it has developed a self-supervised learning AI
system that could help companies create highly accurate computer
vision software.
Square to Buy Majority Stake in Jay-Z's Tidal Platform
The San Francisco payments company said Jay-Z will join its
board as part of the $297 million cash-and-stock deal, and Tidal's
current shareholders will remain co-owners.
Novartis to Help Make CureVac Covid-19 Vaccine
The Swiss drug company will make mRNA and other parts of
CureVac's two-dose vaccine, which is in late-stage testing with
results expected as soon as next month.
Apple Faces U.K. Antitrust Probe Over App Store Rules
The move mirrors a similar investigation in the EU, as scrutiny
rises globally over fair practices.
GM Looking to Build Second Battery Factory in U.S.
General Motors and joint-venture partner LG Chem are close to
completing a decision to locate the plant in Tennessee, said people
familiar with the matter.
Roundup Plaintiffs' Lawyers Spar Over $800 Million in Fees
The firms that led the litigation against Bayer argue that they
deserve a bigger slice of the nearly $10 billion settlement than
those that joined later.
Leaving Las Vegas Is the Right Move for Sands
Las Vegas Sands is selling its properties in Sin City to
concentrate more on its core business in Asia. For both the company
and investors, that looks like a win.
Okta to Acquire Customer-Authentication Provider for $6.5 Billion
The deal for Auth0 would help expand the company's focus beyond
its workplace-based identity software.
Disney Closes at Least 60 Stores, Shifts Focus to E-Commerce
The company said it will focus more on e-commerce while reducing
the number of brick-and-mortar locations it operates.
Amazon in Talks to Carry Many NFL Games Exclusively
TV networks also are expected to pay nearly twice as much for
new rights to Sunday and Monday games.
(END) Dow Jones Newswires
March 04, 2021 11:00 ET (16:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.