Dow Jones Top Company Headlines at 3 PM ET: Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion Valuation | Adnoc ...

Dow Jones
19 hours ago

Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion Valuation

Founder Whitney Wolfe Herd is expected to stay involved with the company as part of the deal.

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Adnoc Logistics in Talks to Buy Stake in HEA at $3 Billion Valuation

The move would bolster the U.A.E.'s footprint in offshore oil and gas services months after the country quit OPEC and vowed to aggressively scale up production.

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Quantum-Computing Company IonQ to Buy Cybersecurity Firm for Up to $1.3 Billion

Privately held Elisity stops cyber attackers and ransomware from spreading across organizations.

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LVMH's Creaking Sales Cast Pall Over Luxury's Fragile Recovery

The Paris-based group said sales growth slowed, putting the brakes on a long-awaited recovery in Europe's luxury-goods industry.

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Getty Images to File for Bankruptcy, Go Private Via Koch Deal

Koch Equity Development and Getty family members committed to invest $533 million in equity in Getty Images to facilitate the company going private and filing for bankruptcy.

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Delta Delays Plans for Nonstop Service to Saudi Arabia

The carrier said it now expects to debut the flight in March, pushing back previous plans for an Oct. 23 rollout, after several fatal strikes at Riyadh's international airport.

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Chipotle Stock Falls as Starbucks Says It Won't Be Buying the Burrito Chain

Starbucks says it's not buying Chipotle following a report the companies were in talks.

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Volkswagen Deliveries Fall on Continued China Weakness

The company, which houses a stable of brands including VW, Audi and Porsche, said group vehicle deliveries fell 14% on year.

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Steris to Acquire Xodus Medical for $2.1 Billion

The Dublin, Ireland provider of products and services to hospitals and pharmaceutical manufacturers said it expects the deal to expand its portfolio.

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Amazon in Talks to Buy AI Startup Decart for Around $7 Billion

The San Francisco company's software makes it easier for developers to switch between different AI chips.

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FTX's Old Bitcoin-Mining Assets Are Now Part of the AI Boom

A bitcoin-mining business that appeared left for dead after the collapse of Sam Bankman-Fried's crypto empire is being resuscitated to serve the artificial-intelligence build-out.

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AI Agents Are a Threat to Travel Businesses. Airbnb Could Still Be a Winner.

For the lodging platform's stock to thrive in the age of bots, it has to turn repeat customers into loyal ones.

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Telia to Cut 900 Jobs in Plan to Save $100 Million a Year

The telecommunications operator said cuts, which represent around 6.4% of its 14,100-strong workforce, are expected to be complete before year end.

 

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