News Highlights: Top Company News of the Day
19 March 2019 - 7:15PM
Dow Jones News
Google 'Stadia' Aims to Stream Games From Cloud
Google Inc. unveiled "Stadia," a videogame service that lets
players stream videogames from the cloud without the need for
pricey hardware-potentially changing the way people buy and play
games.
AB InBev to Name Marty Barrington as New Chairman
Anheuser-Busch InBev plans to name Marty Barrington, the former
chairman and CEO of Altria, as its new chairman, elevating him from
his current seat on the brewer's board.
DSW to Rebrand in Shift to More In-House Lines
DSW Inc. said Tuesday it is changing its name and will add more
of its own products on store shelves in a pivot from solely selling
other designers' shoes and accessories.
Former AOL Boss Getting More Than $60 Million as He Exits Verizon
Tim Armstrong, the former leader of AOL, is walking away with
more than $60 million as he leaves Verizon Communications, which
recently wrote down half the value of the internet business he
led.
Three Executives to Oversee AT&T's Warner Bros. Studio Following Departure of CEO Tsujihara
Three senior Warner Bros. executives will oversee operations at
the television and film studio in the wake of Kevin Tsujihara's
resignation Monday after an investigation into a relationship he
had with an actress several years ago, according to people with
knowledge of the company's plans.
Publishers Sue Peloton for Use of Songs From Drake, Lady Gaga
Music publishers representing the songwriters of hits from
Justin Timberlake, Gwen Stefani, Drake, Lady Gaga and others are
suing Peloton Interactive for copyright infringement.
New Fox Begins Trading, Names New Directors Including Paul Ryan
Fox Corp., which began trading as a standalone company Tuesday
after a spinoff from 21st Century Fox, named directors including
Paul Ryan, former speaker of the U.S. House of Representatives, to
its board.
Norsk Hydro Hit by Ransomware Cyberattack
Norsk Hydro said it suffered a ransomware cyberattack that began
in the U.S., stalling production and shutting down computers
throughout operations at the Norwegian aluminum and energy
giant.
Xiaomi Swings to Profit in 2018
Chinese smartphone maker Xiaomi swung to profit in 2018, as its
push to boost sales of its more expensive handsets continued to pay
off.
Instagram Takes on Amazon With New Shopping Feature
Instagram is going deeper into the e-commerce business, for the
first time selling shoppers products that they see on the
photo-heavy social network's feeds.
(END) Dow Jones Newswires
March 19, 2019 15:00 ET (19:00 GMT)
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