Author: WSJ

Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China.As of the end of December, the closing conditions for the share purchase agreement had yet to be fully satisfied, Baidu said in a filing late Monday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Iberdrola’s 81.5%-owned U.S. business Avangrid has ended a merger agreement with PNM Resources after rejecting the latest bid to extend the $4.3 billion deal reached in October 2020.The Spanish energy company said Tuesday that Avangrid terminated the deal given that conditions for closing it weren’t met in the timeframe the parties agreed to.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Updated Dec. 31, 2023 7:45 pm ETBERLIN—Almost a decade ago, Volkswagen set out on an expensive quest to dominate the new world of software-defined cars and build the electric “people’s car.” It is still trying. The German automaker has invested billions of euros, retooled entire plants and created new software and battery companies to assist in making the transition. However, VW has yet to produce an EV that has matched the success of its historic gas-powered models such as the Beetle and the Golf in its core markets. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Want to be instantly smarter? Want to bend technology to your will? Want to impress friends and family? You’re in the right spot.This is a compendium of our 12 favorite “Things to Do” from this past year’s Tech Things newsletter. We’ve got plenty of advice for how to make devices more helpful, safe and fun. Here’s a taste:Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Dec. 30, 2023 11:01 pm ETHONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023. After a lousy three years for the once-hot sector, many investors are asking—where do things go from here? Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Listen to article(2 minutes)The war in the Gaza Strip is generating destruction comparable in scale to the most devastating urban warfare in the modern record.By mid-December, Israel had dropped 29,000 bombs, munitions and shells on the strip. Nearly 70% of Gaza’s 439,000 homes and about half of its buildings have been damaged or destroyed. The bombing has damaged Byzantine churches and ancient mosques, factories and apartment buildings, shopping malls and luxury hotels, theaters and schools. Much of the water, electrical, communications and healthcare infrastructure that made Gaza function is beyond repair. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.…

Dec. 30, 2023 10:00 am ETGet off the plane, head to baggage claim and sign up to get hitched. It’s happening. In Las Vegas, of course. A temporary marriage license office opened this week in Harry Reid International Airport, right by luggage carousel five, where bags are spit out and spun on a conveyor belt. The pop-up is meant to help allay the expected rush of couples looking to say “I do” on New Year’s Eve, which is extra special this year because the date—12/31/23—reads 1-2-3-1-2-3.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

The mayors of New York, Chicago and Denver said a nonending flow of migrants arriving from the southern border has pushed their cities to the breaking point heading into the New Year, as border crossings swell and Texas Gov. Greg Abbott keeps finding new ways to torment his Democratic rivals.Abbott, a Republican who began sending migrants on buses to other states in spring 2022, doubled down on the strategy in recent weeks. He sent his first planeloads of migrants to Chicago and New York in part to flout regulations on where and when bus operators can drop off the migrants.Copyright…

That warm and fuzzy haven for four-legged friends has become the latest comfort craze for people.

By Jared Malsin and Carrie Keller-LynnDec. 30, 2023 5:59 am ETListen to article(2 minutes)The Israeli military said it returned fire following a strike from Syria overnight and also launched an airstrike against the militant Hezbollah movement in Lebanon amid a rise in hostilities with Iranian-backed militia groups across the region.An increase in tensions between Israel, Iran and its militant allies throughout the Middle East is raising concerns about the opening of a second front in the nearly three-month-old war between Israel and Hamas in Gaza.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link