Uber Co-Founder Kalanick Plans to Sell 29% of His Shares in Company
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Travis Kalanick plans to make the sale as part of a broader investment deal led by SoftBank Group. Mr. Kalanick, who holds about 10% of Uber, had previously indicated he wouldn't sell shares into the offer.
No Longer a Unicorn, Jessica Alba's Honest Co. Faces Growth Challenges
Sales growth at the Honest Company stalled in 2017, as product woes continued and the consumer-goods startup co-founded by actress Jessica Alba lost its unicorn status, according to people familiar with the matter.
Apple's Latest Trend: Product Delays
Under CEO Tim Cook, Apple has been late shipping new devices, delayed by factors including a large and growing global customer based, more sophisticated technology.
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Intel Wrestled With Chip Flaws for Months
The disclosure of security flaws in computer chips dealt Intel what seemed like a sudden crisis, but behind the scenes it and other tech companies and experts have been grappling with the problem for months.
Mark Zuckerberg Resolves to 'Fix' Facebook in 2018
For years, Mark Zuckerberg has announced an annual personal challenge, from slaughtering his own meat to learning Mandarin to building his own artificial intelligence. His 2018 task may be the most ambitious yet: Fix Facebook.
What You Can Do Now to Protect Against the Chip Flaws
While tech giants grapple with newly disclosed chip security flaws, there are steps people can take now to mitigate potential harm to their iPhones, Windows PCs, Android devices and other gadgets.
Breitbart Owners Debate Ousting Bannon Amid Trump Feud
President Donald Trump's feud with Steve Bannon is threatening the former White House strategist's leadership of the conservative Breitbart News website and upending Mr. Bannon's plans to wage "war" on party incumbents he deemed insufficiently loyal to the White House agenda.
Tight Trucking Market Has Retailers, Manufacturers Paying Steep Prices
Retailers and manufacturers grappling with an unusually tight trucking market are paying the steepest prices in years to keep their goods moving.
Drug Industry Is Ripe for a Wave of Deals
Big pharma and biotech aren't benefiting as much from higher drug prices. That raises the possibility of large deals.
Sears to Close More Than 100 Stores in Latest Round of Cuts
Sears Holdings is closing 64 Kmart stores and 39 Sears stores in the next few months, as it continues to reduce its footprint in the wake of a yearslong sales decline.
(END) Dow Jones Newswires
January 05, 2018 09:15 ET (14:15 GMT)