France and Germany agree to block Facebook's Libra

France and Germany have agreed to block Facebook's Libra cryptocurrency, the French finance ministry said on Friday.

U.S. imposes sanctions on North Korean hacking groups blamed for global attacks

The U.S. Treasury on Friday announced sanctions on three North Korean hacking groups it said were involved in the "WannaCry" ransomware attacks and hacking of international banks and customer accounts.

Indian's top trader body seeks ban on Amazon, Flipkart's festive season sale

A leading Indian trader body asked the government on Friday to ban upcoming festive sales on Amazon's local unit and its rival Flipkart, saying their deep discounts violate the country's foreign investment rules for online retail.

Germany against allowing Facebook's Libra in Europe: Der Spiegel

The German government is against giving regulatory approval for Facebook's Libra digital currency in the European Union, Der Spiegel magazine reported on Friday, citing a member of Chancellor Angela Merkel's conservatives.

House panel demands tech company emails in antitrust investigation

A U.S. House of Representatives panel on Friday demanded internal emails, detailed financial information and other company records from Amazon.com Inc. , Facebook Inc , Apple Inc , and Alphabet Inc's Google as its antitrust probe of Big Tech widens.

U.S. sanctions three North Korean-sponsored hacking groups

The U.S. Treasury on Friday announced sanctions on three hacking groups it said were sponsored by North Korea that were allegedly involved in the "WannaCry" ransomware attacks and had perpetrated cyber attacks on critical infrastructure.

Tech companies won't wait for U.S. to act on social media laws, Microsoft's president says

Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that technology companies are likely to change how they moderate online platforms in response to new laws from foreign governments, regardless of whether U.S. lawmakers act to change a U.S. law that has allowed social media p...

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U.S. House panel demands tech company emails in antitrust investigation

A U.S. House of Representatives panel on Friday demanded internal emails and other company records from Amazon.com Inc., Facebook Inc, Apple Inc, and Alphabet Inc's Google as it seeks evidence of anticompetitive behavior.

EU may need to regulate tech giants' data use: EU antitrust chief

The European Union may impose rules to ensure companies that collect data do not misuse it, Europe's antitrust chief said on Friday, signaling how she could use her expanded powers to rein in U.S. tech firms like Facebook and Google.

Spooked by Facebook's Libra, euro zone to step up work on public cryptocurrency

Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they hope would make redundant projects like Facebook's Libra, which is seen as a risk to financial stability, officials said on Friday.

EU regulators to set high bar to authorise Libra, ECB's Coeure says

European Union regulators will set a high bar on regulatory approvals for virtual currency projects in Europe, including Facebook's Libra, European Central Bank board member Benoit Coeure said on Friday.

Ford, GM rev up electric pickup trucks to head off Tesla

Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back.

France urges EU rules on cryptocurrencies, warns of Libra risks

The European Union should create a common set of rules for virtual currencies, currently largely unregulated in the bloc, to counter risks posed by Facebook's cryptocurrency Libra, France's Finance Minister said on Friday.

France calls for EU rules on virtual currencies

France's Finance Minister Bruno Le Maire said on Friday the European Union should introduce a common set of rules to govern virtual currencies, which are at the moment mostly regulated at national level.

Toyota using Tesla-style Panasonic batteries for China hybrids: sources

Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said.

Toyota using made-for-Tesla Panasonic batteries for China hybrids: Nikkei

Toyota Motor Corp has started using batteries that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, the Nikkei business daily reported on Friday.

California legislature bars facial recognition for police body cameras

California's legislature on Thursday passed a three-year ban on state and local law enforcement from using body cameras with facial recognition software, the latest curb on technology that some say poses a threat to civil liberties.

Skirting U.S. sanctions, Cubans flock to cryptocurrency to shop online, send funds

Jason Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in Communist-run Cuba.

Nestle institute aims to develop packaging of the future

Nestle has set up a research institute to develop more environmentally friendly packaging for its products and reduce plastic waste, taking matters into its own hands rather than relying on its suppliers.

Twitter blocks accounts of Raul Castro and Cuban state-run media

U.S. social media firm Twitter Inc has blocked the accounts of Cuban Communist Party Leader Raul Castro, his daughter Mariela Castro and Cuba's top state-run media outlets, a move the Cuban Union of Journalists denounced as "massive censorship".