Monday, 1 May 2017

IAC Plans to Buy Angie's List


IAC plans to buy Angie’s List, combining the consumer-review site with IAC’s HomeAdvisor and forming a new, publicly traded company, according to people familiar with the matter.
http://on.wsj.com/2qqN6h7

S&P 500 Rises, Led by Tech Shares


A climb in technology shares helped push the S&P 500 higher ahead of another busy week of corporate earnings.
http://on.wsj.com/2qqNJXN

Airbnb, HomeAway Settle Lawsuit With San Francisco


San Francisco reached a settlement with home-sharing sites Airbnb and Expedia’s HomeAway over their lawsuit contesting stringent registration rules for hosts.
http://on.wsj.com/2poZLm1

Federal Court Turns Away Net Neutrality Challenge


A federal court declined to reconsider telecommunications companies’ challenge to Obama-era net neutrality rules on Monday, setting the stage for a likely appeal to the Supreme Court.
http://on.wsj.com/2poWX8H

SpaceX Boosts U.S. Spy Satellite Into Orbit


Elon Musk’s Space Exploration Technologies Corp. added another successful launch to its record Monday morning, but this time it carried a classified payload for the Pentagon’s National Reconnaissance Office.
http://on.wsj.com/2pn2pZv

Nintendo Shipped Switch Consoles by Plane to Meet High Demand


The company said it used aircraft to ship its new Switch videogame machine in its first month on the market in an effort to meet high demand, though the company went back to less-expensive sea freight in April.
http://on.wsj.com/2pngLZP

Why Intel Paid a Premium for a Stake in Cloudera


Intel Corp. had strategic reasons for buying its stake in big-data software startup Cloudera three years ago—at a price that was about twice Friday’s IPO pricing.
http://on.wsj.com/2pnakpT