Verizon (VZ) said Yahoo's (YHOO) recent data hack may have been material enough to
Netflix (NFLX) has nabbed Chris Rock for two new stand-up comedy specials. The video streaming service is paying Rock $40 million. Amazon, Hulu, and HBO were also bidding for the specials. (Variety)
United Continental (UAL) suffered a computer glitch that
SoftBank of Japan and Saudi Arabia are partnering to an investment fund, possibly $100 billion, to seek out promising tech companies around the world. (NY Times)
Pinterest said it now has 150 million monthly active users, a 50 percent increase over a year ago. It's likely bigger than Twitter (TWTR) in the U.S. Privately held Pinterest was valued last year at $11 billion. (WSJ)
Alphabet's (GOOGL) Google has introduced a fact checking category to its news service, just ahead of the presidential election. Articles in Google News are labeled and categorized to reflect the type of story. (CNBC)
Donald Trump reportedly plans to claim Mexican billionaire Carlos Slim, a New York Times shareholder and Clinton Foundation donor, was part of a cabal dredging up allegations the GOP nominee touched women inappropriately. (WSJ)
Sen. Elizabeth Warren sent a letter to the White House today, urging President Barack Obama to replace SEC Chair Mary Jo White. Warren revived her call for the SEC to develop a political spending disclosure rule, something she said White refused to to do. (CNBC)
Treasury Secretary Jack Lew told CNBC the Wells Fargo sales scandal isn't as bad as what took place before the financial crisis, but it still points to the need for consumer protections. Wall Street reform should not be rolled back, he added.
Lew also told CNBC that newly announced tax regulations were intended to further limit inversion deals and reduce their appeal for American companies. The requirements are meant to discourage "egregious tax behavior," Lew added.