Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
LONDON (Reuters) – The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S.…
Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual…
U.S. regulators approve $5 billion Facebook settlement over privacy issues: source
(Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its…
UK competition regulator puts brake on Amazon’s Deliveroo deal
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while…
Boxing with giants: Italy’s packing robots are not just cardboard cutouts
(This June 28 story corrects Romaco’s nationality to German, not Italian, in paragraph 17) By Silvia Aloisi CITTÀ DI CASTELLO,…
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
HAVANA (Reuters) – On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering…
Amazon founder Bezos’ divorce final with $38 billion settlement: report
FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and…
Irish regulator opens third privacy probe into Apple
FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough…
Facebook campus given all-clear after sarin scare
SAN FRANCISCO (Reuters) – Facebook Inc’s (FB.O) Silicon Valley campus received the all-clear on Tuesday after fears that a package…
Facebook to tackle content with misleading health claims
The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018.…
From shrimp to fake eyelashes, social media sales soar in Facebook-friendly Thailand
SATUN, Thailand (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But…
Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected…
FedEx profit beats estimates, warns of pain in 2020 from trade war
(Reuters) – Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China…
Alphabet commits to data privacy in Toronto smart city master plan
TORONTO (Reuters) – A high-tech smart city project proposed along Toronto’s waterfront by Alphabet Inc unit Sidewalk Labs has pledged…
Amazon gets U.S. patent to use delivery drones for surveillance service
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
Genetics research gets help from social media
(Reuters Health) – Researchers have harnessed the power of social media to build a genetic database, according to a new…
India to impose retaliatory tariffs on 28 U.S. goods from Sunday
NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from…
Pompeo to push in India for more U.S. access to local markets
FILE PHOTO: U.S. Secretary of State Mike Pompeo speaks at a joint news conference in The Hague, Netherlands June 3,…
Republican senator criticizes potential dual U.S. antitrust tech probes
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files. REUTERS WASHINGTON (Reuters)…
Jet.com falls by wayside as Walmart focuses on its website, online grocery
WASHINGTON (Reuters) – Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
South Korean firm Yanolja that reinvented love hotels gets Booking, GIC funding
SEOUL (Reuters) – Yanolja’s gentrification of South Korean love hotels has brought the company a valuation of more than $1…
Amazon to shut restaurant delivery service in U.S
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, May 13, 2019. REUTERS/Pascal…
FedEx to end Amazon contract for FedEx Express plane service
(Reuters) – FedEx Corp on Friday decided to not renew its contract with Amazon.com Inc for U.S. cargo delivery through…
Amazon’s Bezos says robotic hands will be ready for commercial use in next 10 years
LAS VEGAS (Reuters) – Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots…
U.S. moving toward major antitrust probe of tech giants
WASHINGTON (Reuters) – The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and…
House panel to probe competition in digital markets
WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee said on Monday it had started a bipartisan investigation into…
Alphabet shares slide 6% on possible DoJ antitrust probe
(Reuters) – Alphabet Inc’s shares closed 6% down on Monday following reports that the U.S. Justice Department may investigate Google…
Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress
(Reuters) – Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as…
Too much screen time tied to school problems even in little kids
(Reuters Health) – Kindergarteners who get more than two hours of screen time a day may be more likely to…
Billionaire Bezos unveils moon lander mockup, embraces Trump’s lunar timetable
WASHINGTON (Reuters) – Billionaire entrepreneur Jeff Bezos unveiled on Thursday a mockup of a lunar lander being built by his…
Sticker shock from Trump’s new trade tariffs months away
(Reuters) – It may take three or four months for American shoppers to feel the pinch from President Donald Trump’s…
‘We screwed up’ not buying Google shares, Berkshire’s Munger says
Berkshire Hathaway Vice Chairman Charlie Munger walks past a crowd at the annual Berkshire shareholder shopping day in Omaha, Nebraska,…
Google parent struggles with mobile clicks, YouTube changes, shares down 7%
(Reuters) – Alphabet Inc’s Google failed to reap the benefits of a strong economy that bolstered rivals in the first…
Amazon aims to bring one-day delivery to Prime members around the globe
(Reuters) – Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead…
New York investigating Facebook over storage of ‘unauthorized’ email contacts
(Reuters) – New York Attorney General Letitia James said on Thursday she is investigating Facebook Inc’s unauthorized storage of up…
Microsoft tops $1 trillion as it predicts more cloud growth
(Reuters) – Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued…
Facebook beats profit estimates, sets aside $3 billion for privacy penalty
(Reuters) – Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a…
U.S. congressional leaders query Google on tracking database
WASHINGTON (Reuters) – The top Democrats and Republicans on the U.S. House Energy and Commerce Committee on Tuesday wrote Google…
EBay raises forecast as redesign draws customers, boosts ad revenue
(Reuters) – EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms…
Trump complained to Twitter CEO about lost followers: source
WASHINGTON (Reuters) – U.S. President Donald Trump met with Twitter Inc Chief Executive Jack Dorsey on Tuesday and spent a…
Hudson Media chief James Cohen to buy National Enquirer
(Reuters) – American Media Inc (AMI) said on Thursday it is selling its tabloid the National Enquirer to James Cohen,…
Most diabetes apps lack real-time advice on blood sugar management
(Reuters Health) – Hundreds of smartphone apps promise to make managing diabetes easier, but very few offer real-time guidance on…
In some states, sexting could land teens in jail for a long time
(Reuters Health) – Sexting – the texting of sexual images – is increasingly common among teens, but in nearly half…
Amazon buys warehouse robotics startup Canvas Technology
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
Pinterest seeks $15-$17 per share in IPO, below last private valuation
(Reuters) – Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public…
National Enquirer: Bezos’ girlfriend’s brother ‘single source’ for reports
WASHINGTON (Reuters) – The publisher of the National Enquirer on Sunday said its reports on Amazon Chief Executive Jeff Bezos’…
Image sharing website Pinterest files for IPO
FILE PHOTO: A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City,…
Your health app could be sharing your medical data
(Reuters Health) – That nifty new health app you downloaded to your phone to keep track of your meds might…
Facebook product chief Cox to exit as focus shifts to messaging
(Reuters) – Facebook Inc’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is…
Huawei set to announce lawsuit against U.S. as it seeks to strike back
HONG KONG (Reuters) – Huawei Technologies is set to announce a lawsuit on Thursday against the United States, ratcheting up…
Trump says he’s inclined to extend China trade deadline and meet Xi soon
WASHINGTON (Reuters) – President Donald Trump said on Friday there was “a very good chance” the United States would strike…
Samsung announces folding phone with 5G at nearly $2,000
SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to…
Microsoft expands political security service to 12 European countries
FILE PHOTO: General view of Microsoft’s logo at Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles…
Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations…
EU clinches copyright overhaul deal, tech giants in focus
BRUSSELS (Reuters) – The European Union is set to rewrite its two-decades-old copyright rules which will force Alphabet Inc’s Google…
National Enquirer owner defends reporting on Amazon’s Bezos
NEW YORK (Reuters) – The owner of U.S. tabloid newspaper the National Enquirer pushed back on Friday against accusations of…
Amazon removes numerous products from India site as new e-commerce rules bite
NEW DELHI/MUMBAI (Reuters) – E-commerce rules that went into effect in India on Friday caused widespread disruption for Amazon.com, forcing…