GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues 
 

The financial report was the company's first as a public company, which started trading publicly in October.

 
Nuclear-Fusion Startup Lands $1.8 Billion as Investors Chase Star Power 
 

Commonwealth Fusion Systems has raised more than $1.8 billion from the likes of Bill Gates and George Soros as startups join the quest to generate carbon-free energy like the sun.

 
Blue Prism Backs New SS&C Takeover 
 

Blue Prism has agreed an improved GBP1.23 billion offer by U.S.-based SS&C Technologies and withdrawn its recommendation for the bid by private equity firm Vista.

 
CNN Suspends Chris Cuomo Indefinitely 
 

The network said records released Monday showing how the anchor aided his brother's response to sexual-misconduct allegations "raise serious questions."

 
Judge Questions If Purdue's Sacklers Abused Bankruptcy System 
 

The federal judge weighing the $4.5 billion settlement between Purdue Pharma LP and the Sackler family members who own the OxyContin maker said she had serious concerns about whether they abused the bankruptcy system by collecting billions of dollars from the company before it filed for chapter 11 protection.

 
Microsoft Shareholders Force Company to Disclose Sexual Harassment Data 
 

The tech giant had recommended a vote against the disclosure proposal, which was approved at the company's annual meeting.

 
Salesforce Names Bret Taylor Co-CEO 
 

The appointment comes a day after he was named chairman of Twitter's board.

 
Twitter Bans Sharing of Private People's Photos, Videos Without Consent 
 

The social-media company said users will no longer be able to share private media, such as photos and videos, of another person without their permission, a move aimed at improving privacy and security.

 
David Marcus, Head of Meta's Cryptocurrency Project, Steps Down 
 

The executive says he plans to leave at year's end to pursue entrepreneurial projects outside the company.

 
Omicron Risks Infecting Vaccinated People but May Not Cause Them Severe Illness 
 

The Omicron variant could lead to more infections among vaccinated people, according to several scientists, but some said there were reasons to believe the shots would protect against severe disease.

(END) Dow Jones Newswires

December 01, 2021 05:15 ET (10:15 GMT)