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Communications Services Shares Move Higher -- Communications Services Roundup

09/23/2021 | 05:29pm EDT

Communications-services companies were higher.

Walt Disney isn't pursuing an independent investigation into how the network handled sexual-assault allegations against the former top producer of ABC's "Good Morning America," the show's executive producer told staffers earlier this week. Simone Swink, the executive producer of "GMA," said during a staff meeting on Monday that an outside probe into the departure of Michael Corn as senior executive producer of the top-rated morning news program "is not happening at this time," according to a recording of the meeting.

Meanwhile, Facebook's chief technology officer, a long-serving top lieutenant to co-founder Mark Zuckerberg, said he will step down from the role next year.

 Write to Amy Pessetto at amy.pessetto@dowjones.com 

(END) Dow Jones Newswires

09-23-21 1728ET

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