Libra Association in talks with EU regulators, executive tells Reuters

The Libra Association, which will launch and manage the Facebook-conceived Libra cryptocurrency, is in discussions with European Union authorities following opposition voiced by Germany and France, its managing director told Reuters on Friday, at one of his first public appearances on the job.

Russia's Yandex launches video service aimed at rivaling YouTube

Russian internet giant Yandex is launching a video streaming service aimed at rivaling Google's YouTube that will allow users to publish videos on its personal recommendation platform Yandex Zen, the company said on Friday.

HSBC flips crime-spotting tool to scope new business

British bank HSBC has converted a financial crime-spotting algorithm it was forced to build in the wake of a money-laundering scandal into one that can scope out new business opportunities, bank executives said.

Apple plans to show films in theaters before streaming: WSJ

Apple Inc is planning to show feature-length films in theaters before releasing them on its streaming TV service, the Wall Street Journal reported on Friday, citing people familiar with the plans.

Libra cryptocurrency not out to replace existing money: project head

The Facebook-conceived Libra cryptocurrency, to be launched by a Geneva-based association next year, is not intended to replace existing currencies, Libra Association Managing Director Bertrand Perez said on Friday.

Huawei says it has begun producing 5G base stations without U.S. parts

Huawei Technologies Co Ltd [HWT.UL] said it has started making 5G base stations without U.S. components and that total production of 5G base stations should more than double next year as more countries introduce the technology.

Motorbike ride-sharing a panacea for Dhaka traffic chaos

Ride-sharing motorbike services are surging in popularity in the Bangladeshi capital of Dhaka, where nightmare traffic often means that walking is faster than traveling by car or bus.

In Mexico, 85 fintechs are seeking permission to operate

Mexican banking regulator CNBV said on Thursday it received applications from 85 companies to formally operate in the country under its new fintech law as the government of President Andres Manuel Lopez Obrador pushes for more financial inclusion.

DoorDash hack leaks data of 4.9 million customers, restaurants

Meal delivery service DoorDash Inc said on Thursday there was a data breach and information related to 4.9 million customers, delivery executives and restaurants may have been leaked.

Brazil's Oi to test 5G in Rio music festival using Huawei's gear

Brazil's telecoms carrier Oi SA is preparing to test fifth-generation wireless network (5G) during the Rock in Rio music festival, using equipment provided by China's Huawei Technology Co Ltd [HWT.UL], to conduct one of the largest trials of the technology in Brazil.

Tesla shares jump on leaked deliveries email, entertainment software update

Tesla Inc shares closed up 6% on Thursday on a report that Chief Executive Officer Elon Musk saw "a shot" at delivering 100,000 cars this quarter and the company said it will roll out a software update for watching movies and playing games in cars.

Regulator approves NYC area airport tax, favoring taxis over ride-hails

Passengers commuting to or from Newark Liberty, LaGuardia and John F. Kennedy airports by taxi or ride-hail service will have to pay additional fees beginning in October 2020, the Port Authority of New York and New Jersey said on Thursday.

Internet sector contributes $2.1 trillion to U.S. economy: industry group

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation's gross domestic product (GDP), an industry group said on Thursday.

Explainer: Advertising execs point to five ways Google stifles business

U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year advertising business.

New York sues Dunkin' Donuts over cyberattacks

The parent of Dunkin' Donuts was sued on Thursday by New York Attorney General Letitia James, who accused the chain of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of "brute force" cyberattacks.

Telecom Italia chairman quits as shareholder feud subsides

The chairman of Telecom Italia (TIM), Fulvio Conti, stepped down on Thursday in a move that signals an easing of tensions between the group's main shareholders.

Telecom Italia aims to bring funds into single fiber network deal: sources

Telecom Italia has presented shareholders of smaller rival Open Fiber a list of funds that could buy into the fast broadband company as part of plans to create a single nationwide fiber network, three sources close to the matter said.

U.S. unlikely to extend waiver for U.S. firms to supply China's Huawei: Bloomberg

The United States is unlikely to extend a waiver allowing American firms to supply China's Huawei Technologies [HWT.UL], Bloomberg reported https://bloom.bg/2lCUM2d on Thursday, citing a government official.

Zambia cancels license of Vodafone franchise holder over poor capacity

Zambia's communications regulator said on Thursday it had canceled the license for Vodafone's local franchise holder, citing a lack of technical and financial capacity.

Facebook wins dismissal of investor lawsuit over privacy breach

Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case.