PC Slowdown Sets a New Battleground for Chip Makers 
 

AMD needs to keep taking market share, while Intel can't afford to lose it.


 
Chinese Startups Failed to Catch Up to Advanced Chip Makers 
 

Companies that were launched to build semiconductors in China, including startups HSMC and QXIC, have failed despite hundreds of millions of dollars in investment and government support. Officials are sorting through the wreckage to see what went wrong.


 
Detroit Makes Its Move in Electric-Vehicle Race 
 

GM, Ford and Chrysler-owned Stellantis are looking to close the gap versus startups with initiatives such as new battery-powered pickups and electric-van sales to Amazon.


 
Restaurants Seek Aid as Omicron Threatens Another Hard Winter 
 

Small operators are lobbying Congress for fresh funding as renewed Covid-19 restrictions, supply challenges and staffing shortages lead to continuing high costs and debt.


 
Facebook's Former Elections Boss Questions Social Media in Politics 
 

Katie Harbath, who says she left the company disillusioned, now pushes for more online guardrails.


 
Meta Platforms' Head of Communications Leaves Company 
 

The departure of John Pinette comes after a WSJ series of articles pushed the company to put a tighter lid on internal research.


 
Purdue Pharma Authorized to Appeal Judge's Rejection of Sackler Settlement Plan 
 

A federal judge authorized Purdue Pharma and its Sackler family owners to appeal a ruling that threw out their $4.5 billion settlement of thousands of lawsuits linked to the bankrupt company's OxyContin painkiller and its role in the opioid crisis.


 
Deliveroo, Probing Restaurant-Delivery Snags, Plans to Open Eatery 
 

The U.K.-based food-delivery company hopes running a single-location pizza parlor in London will help it better understand the restaurateurs using its platform.


 
FedEx Warns of Shipping Delays as Omicron Hurts Staffing 
 

Severe winter storms around the country, including at the company's Memphis, Tenn., hub, are also hurting deliveries.


 
John Legend Sells His Music Catalog to KKR, BMG 
 

The deal for the songwriting catalog of John Legend-still an active songwriter, recording artist and performer-illustrates how red-hot the market for music investments has become.

(END) Dow Jones Newswires

01-09-22 2115ET