Iliad, Vodafone Revive Talks on European Tie-Ups
French billionaire Xavier Niel’s Iliad SA has revived talks on a potential deal for some of Vodafone Group Plc’s European operations, people with knowledge of the matter said.
Bloomberg Business
Activision, in Thick of Merger Fight, Beats Quarterly Profit Estimates
Activision Blizzard Inc., its shares reeling after UK competition authorities rejected the company’s $69 billion sale to Microsoft Corp., posted quarterly results a day sooner than planned, reporting better-than-expected sales and profit.
Trump’s New Social-Media Post About Rape Accuser ‘Inappropriate,’ Judge Says
The judge overseeing the trial of a New York author’s civil sexual assault suit against Donald Trump criticized the former president over a new post on social media disparaging his accuser and her lawyer, saying it “seems entirely inappropriate.”
Ex-Harvard Chemist Gets No Jail Time for Hiding China Work
Former Harvard University chemist Charles Lieber was ordered to serve six months of home confinement — avoiding jail time — for lying to US authorities about his role in a Chinese government program to recruit scientists and develop research.
SVB Financial Group Stuck in Bankruptcy Stalemate With FDIC
SVB Financial Group, the former parent company of failed Silicon Valley Bank, is burning through cash while it struggles to gain access to records it says are necessary to move forward in bankruptcy.
SpaceX, Rogers Strike Deal for Satellite Phone Service in Canada
SpaceX and Rogers Communications Inc. struck a deal for satellite phone service in Canada — a bid to bring emergency service to remote areas of the vast country that can’t be reached through conventional wireless networks.
Russia’s Fuel Shipments Show Little Sign of Sanctions Strain
Russia’s exports of fuels such as diesel and gasoline are on course to remain well above seasonal norms this month despite European Union sanctions that recently came into force.
Colombia Finance Chief Tells Colleagues He Expects to Stay on
Colombian Finance Minister Jose Antonio Ocampo told his team that he expects to stay on in his role following the upcoming cabinet reshuffle, according to a person familiar with the matter, who asked not to be identified because the discussion wasn’t public.
US to Send Nuclear-Armed Sub to South Korea for Deterrence
The US will strengthen the deterrence it provides South Korea against nuclear threats, including by deploying a nuclear-armed submarine to the country — in turn securing a pledge from Seoul to honor commitments to not pursue its own atomic arsenal.
Amazon Starts Round of Layoffs in AWS Cloud Division
Amazon.com Inc. has started laying off employees in its cloud services operation amid slowing sales growth in its most profitable division.
