A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration

WASHINGTON (Reuters) - The head of the Federal Communications Commission, Ajit Pai, said on Friday that the agency is continuing a sweeping regulatory review, keen to adapt rules to the digital age and get rid of rules that he said are barriers to business.

NEW YORK (Reuters) - Billionaire venture capitalist Tim Draper soon plans to take a step that even he, a long-time bitcoin aficionado, has eschewed to now: buying a new digital currency offered by a technology startup.

(Reuters) - Attempts at cyber wire fraud globally, via emails purporting to be from trusted business associates, have surged in the last seven months of 2016, the U.S. Federal Bureau of Investigation said in a warning to businesses as it bid to curb such crimes.

(Reuters) - Citigroup listed seven companies as potential takeover targets for Apple Inc , including Netflix , Walt Disney and Tesla Inc , as a way to put its cash hoard of more than $250 billion to work.

BERLIN (Reuters) - Europe's aviation safety authorities have proposed rules for operating small drones that include requirements for geo-fencing technology to prevent them from straying into banned areas and a "dos and don'ts" leaflet to be inserted in retail packaging.

FRANKFURT (Reuters) - Sportscar maker Porsche is opening a digital technology center with 100 staff in Silicon Valley to forge new partnerships, cooperate with venture-capital companies and invest in new companies, it said on Friday.

BRUSSELS (Reuters) - French media group Vivendi has offered concessions in a bid to address EU antitrust concerns over its bid to acquire control of Telecom Italia, according to the European Commission.

LOS ANGELES (Reuters) - Facebook Inc's virtual reality content production unit, Oculus' Story Studio, is shuttering its doors to shift focus on supporting external content makers, the company said on Thursday, two years after the in-house studio launched.

SAN FRANCISCO (Reuters) - The U.S. Department of Justice has begun a criminal investigation into Uber Technologies Inc's use of a software tool that helped its drivers evade local transportation regulators, two sources familiar with the situation said.

SAN FRANCISCO (Reuters) - Facebook Inc's growth into a digital advertising power is showing a flip side: The social network is more dependent than ever on the cyclical ad market, even as its rival Google finds new revenue streams in hardware and software.

LOS ANGELES (Reuters) - Family members of three victims of the December 2015 shooting rampage in San Bernardino, California, have sued Facebook, Google and Twitter, claiming that the tech giants permitted Islamic State to flourish on social media.

FRANKFURT (Reuters) - Tesla Inc said it is seeking to resolve outstanding issues with legacy customers of its Grohmann engineering unit after a takeover by the Silicon Valley-based carmaker resulted in a shift in management priorities toward Tesla projects.

LONDON (Reuters) - Amazon plans to open a new center in the university city of Cambridge for scientists developing technologies including the Alexa digital assistant used in its Echo speakers.

JOHANNESBURG (Reuters) - South Africa's Discover Digital, hoping to capitalize on the rapid uptake of smartphones and improving telecommunications infrastructure on the continent, is starting a video streaming service to rival Netflix and Showmax, it said on Thursday.

MILAN (Reuters) - Alphabet Inc's Google has agreed to pay 306 million euros ($334 million) to settle a tax dispute with Italy, the company and the country's tax authority said on Thursday.

MUMBAI (Reuters) - Infosys played down concerns about cost pressures from a plan to hire 10,000 U.S. workers and boost its on-the-ground U.S. presence, saying it will enable faster deployment of staff in newer, more profitable projects in areas like big data and cloud.

(Reuters) - French car parts supplier Faurecia said it signed a partnership agreement with German company ZF to develop interior and safety technologies for self-driving cars, dubbing it the "cockpit of the future".

FRANKFURT (Reuters) - German chipmaker Infineon on Thursday stuck with its full-year guidance, which it raised in March, after reporting slightly weaker-than-expected quarterly operating profit.

LONDON (Reuters) - Imagination Technologies said it had started a "dispute resolution procedure" with Apple, its biggest customer, after failing to resolve a standoff over licensing between the two companies.