PRESS DIGEST-Wall Street Journal - Jan 11

- SAP, the German software company, agreed to pay about $222 million to resolve investigations into bribery schemes in seven countries, U.S. authorities said on Wednesday. - Amazon.com will lay off several hundred employees in its Prime Video, Amazon MGM Studios and Twitch divisions.

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Alphabet's Google said on Wednesday it is laying off hundreds of people working on its voice-activated Google Assistant software and is eliminating a similar number of roles in the company's Devices and Services team.

- The U.S. Securities and Exchange Commission voted Wednesday to approve the first U.S.-listed exchange traded funds (ETFs) to track bitcoin. - Pharmaceutical company Endo International won bankruptcy court approval on Tuesday to start soliciting votes for a restructuring plan that would pay $600 million to government agencies and private institutions affected by the opioid epidemic.

- Citigroup said on Wednesday in a regulatory filing that it set aside $1.3 billion in reserves to account for risks in Argentina and Russia. - SAP, the German software company, agreed to pay about $222 million to resolve investigations into bribery schemes in seven countries, U.S. authorities said on Wednesday.

- Amazon.com will lay off several hundred employees in its Prime Video, Amazon MGM Studios and Twitch divisions. (Compiled by Bengaluru newsroom)