Some of Friday’s top business news stories:
Associated Press
SoftBank acquires major stake in Uber, by Alexandra Olson
Apple apologizes for secretly slowing older iPhones, by Ryan Nakashima
Bloomberg
Michael Jackson estate may avoid penalties in IRS dispute, by Edvard Pettersson
Crypto-linked stocks sink with bitcoin on South Korea warning, by Kailey Lenz and Julie Verhage
Fortune
California goes marijuana crazy on Jan. 1, by Tom Huddleston Jr.
Tesla’s Model 3 deliveries will be 70 percent less than expected, analyst says, by Natasha Bach
Reuters
With lineup widening, Apple depends less on iPhone X, by Stephen Nellis
Hong Kong eyes blockbuster China tech IPO queue, by Jennifer Hughes
News about business journalism
Investor’s Business Daily says revenue, profits doubled in 2017
Hospital company fires employee it suspects talked to reporter
Biz columnist Lee leaves San Francisco Chronicle
Triad Biz Journal hires new economic development reporter
Ritholz: Magazine covers should mean nothing to investors
This date in business journalism