Britain's competition watchdog on Friday asked Facebook and eBay to conduct an urgent review of their websites to stop the sale of fake and misleading online reviews.
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Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money.
Huawei smart phones sales in western European countries have risen "in the past few days" as customers grow more confident the Chinese company will weather U.S. sanctions levied last month, a European executive said on Friday.
Italy's sovereign wealth fund is maneuvering to pull off a multibillion-euro telecoms merger and end a prolonged corporate stalemate that has held up Rome's plans to create a national broadband network, sources say.
Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in the Financial Times on Friday.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France's central bank governor said on Friday.
Chinese technology giant Huawei will start talks with officials at Russia's communications ministry this summer on the possibility of using Russia's Avrova operating system, the RIA news agency on Friday cited a Russian deputy communications minister as saying.
Huawei Technologies said on Friday it has shipped 100 million smartphones this year as of May 30.
Virtual tokens pegged to official currencies, known as stablecoins, could undermine banks if they became widely used, the head of Germany’s central bank said on Friday.
France will set up a G7 taskforce on "stable coin" projects, including Facebook's planned Libra cryptocurrency, that will be led by European Central Bank board member Benoit Coeure, France's central bank Governor Francois Villeroy de Galhau said on Friday.
Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said.
From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves of data they hold.
Apple Inc, Keurig Dr Pepper Inc, Dollar Tree Inc and Fitbit Inc have joined other companies in filing letters of opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, MacBooks, and single-serve coffee brewers.
The creators of mobile gaming phenomenon Pokemon Go unleashed a new game on Thursday that features Harry Potter and other characters from the wizarding world made famous in best-selling books and blockbuster movies.
The U.S. Federal Trade Commission on Thursday objected to a move by mobile chip supplier Qualcomm Inc to introduce internal Apple Inc documents in its fight to stop the enforcement of a May antitrust ruling.
Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion.
The U.S. Federal Trade Commission on Thursday objected to a move by mobile chip supplier Qualcomm Inc to introduce internal Apple Inc documents in its fight to stop the enforcement of a May antitrust ruling.
Small tech companies fear retaliation from big tech firms like Google and Facebook Inc if they assist in an investigation into allegations the companies misuse their massive market power, the head of the U.S. House Judiciary subcommittee leading the probe said on Thursday.
The U.S. government should consider forcing Facebook Inc to freeze work on its new cryptocurrency project, a senior U.S. lawmaker said on Thursday.
Initial exchange offerings (IEOs) have been the latest darlings in raising funds for cryptocurrency projects, but intensifying regulatory scrutiny and investors' concern about the viability of the companies raising capital are flashing red flags.
