SoftBank to announce $40 billion investment in second Vision Fund: WSJ

SoftBank Group Corp is expected to announce a $40 billion investment in its new technology fund, the Wall Street Journal reported on Wednesday.

Salesforce expands footprint into China with Alibaba partnership

U.S. cloud-based service provider Salesforce.com Inc said on Wednesday it will partner with Chinese e-commerce company Alibaba Group Holdings Ltd , as Salesforce looks to make inroads into the Chinese software market with its cloud-based products.

Samsung Electronics' Galaxy Fold to be available from September

Samsung Electronics Co Ltd said on Thursday its foldable smartphone Galaxy Fold would go on sale from September in selected markets, after the launch was delayed by screen problems earlier this year.

Tesla needs more time to turn profit; founding engineer steps down

Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company's electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer.

Tesla target for profit pushed back to fourth-quarter, shares down 11.5%

Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker will break even this quarter, rather than post a profit.

Explainer: What Google, Facebook could face in U.S. antitrust probe

The U.S. Department of Justice is investigating whether big technology companies are engaged in anticompetitive behavior, addressing a rising tide of criticism they have become too powerful to the detriment of consumers.

Facebook warns of costly privacy changes, discloses another U.S. probe

Facebook Inc said on Wednesday that new data privacy rules and forthcoming privacy-focused product changes would slow its revenue growth and significantly raise expenses, driving down its shares in after-hours trade even as quarterly revenue topped estimates.

Tesla posts wider-than-expected loss in quarter as margins fall, shares down 10%

Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, raising doubts the carmaker will hit its target to be profitable this quarter.

Canada invests C$85 million in satellite company to narrow broadband gap for remote areas

The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based satellite company as part of an effort to provide better broadband internet access to rural and remote communities.

Robinhood reveals error that left user passwords exposed

Commission-free stock trading startup Robinhood instructed some users to change their passwords on Wednesday, after discovering a logging error that left some customer credentials vulnerable, according to a company email.

Factbox: Trump's Twitter thoughts on big tech

U.S. President Donald Trump has long targeted big tech companies like Amazon, Google, Facebook and Twitter in his social media comments, accusing them of working against him and his administration.

Treasury's Mnuchin says Amazon 'destroyed' U.S. retail sector

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc "destroyed the retail industry across the United States."

Tesla second-quarter revenue misses, shares tumble 11%

Tesla Inc on Wednesday reported lower-than-expected revenue and a fall in gross margins for the second quarter, sending its shares down nearly 11% in extended trading.

Facebook revenue beats estimates, discloses U.S. FTC antitrust probe

Facebook Inc beat analysts' estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle a data privacy probe the company disclosed that it faces a new U.S. government antitrust investigation.

Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probe

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday.

Neo-Nazi SWATters Target Dozens of Journalists

Nearly three dozen journalists at a broad range of major publications have been targeted by a far-right group that maintains a Deep Web database listing the personal information of people who threaten their views. This group specializes in encouraging others to harass those targeted by their ire, an...

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Canada invests C$85 million in satellite firm to boost broadband gap

The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based satellite company as part of an effort to narrow the broadband internet gap in rural and remote communities.

Facebook revenue beats estimates; discloses antitrust probe

Facebook Inc beat analysts' estimates for revenue on Wednesday, even as the world's largest social network agreed to pay a $5 billion fine over data privacy and announced a U.S. antitrust investigation.

Two charged with terrorism over Bulgaria's biggest data breach: lawyer

Prosecutors have charged two workers at a cyber security company with terrorism as part of an investigation into Bulgaria's biggest-ever data breach, a lawyer for the defendants said on Wednesday.

South Korea says Japan flatly rejects meeting over trade row

South Korea's deputy trade minister Kim Seung-ho said on Wednesday he had asked a senior Japanese official for a face-to-face meeting on a trade row between Tokyo and Seoul but he had been flatly turned down.