News Highlights: Top Company News of the Day

Dow Jones2022-06-14

Elon Musk to Participate in Twitter All-Hands Meeting Thursday

It would mark the first time the billionaire will have spoken directly with the company's workforce since he began his courtship of it in April.Disney Loses Streaming Rights for Indian Premier League Cricket

Viacom18, a partnership between Paramount Global and Reliance Industries, will stream matches from the popular sports league.

Oracle Sales Top Expectations

The business-software giant posted higher quarterly revenue and its shares rebounded in after-hours trading.

SpaceX's Starship Moves Closer to Orbital Launches Following FAA Review

Flight-safety regulators have listed steps that the company led by Elon Musk must take to conduct launches.

Disney CEO Bob Chapek Supported Peter Rice. Until He Didn't.

The decision by Mr. Chapek to fire Mr. Rice from his position as head of the company's General Entertainment Content unit last week had been under consideration for months, say people familiar with the matter.

MicroStrategy Stock Falls 25% on Bitcoin Plunge

The company had said it would face a margin call if the price of bitcoin drops to about $21,000.

Amazon to Make Deliveries by Drone in California Later This Year

The e-commerce giant said it has developed a sense and detection system so drones can avoid midair or ground collisions.

Coinbase Shares Succumb to Crypto Rout

The cryptocurrency exchange's stock traded to an all-time low on Monday as investors retreated further from cryptocurrency and other risky assets.

Microsoft to Make It Easier for Activision Employees to Unionize

The software company reached a labor neutrality agreement with the Communications Workers of America as it seeks regulatory approval to acquire videogame maker Activision for $75 billion.

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