Technology

Johnson & Johnson CEO stepping down in January

Joaquin Duato, the vice chairman of Johnson & Johnson’s executive committee, will step up as the company’s next CEO and a member of its board of directors effective Jan. 3, 2022. Alex Gorsky, the current CEO, is stepping down.

Facebook reviewing FTC antitrust lawsuit

Facebook on Thursday said it is reviewing the Federal Trade Commission's amended lawsuit alleging the social media platform has engaged in anticompetitive behavior.

Amazon plans to open large retail locations akin to department stores

Amazon.com Inc. plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.