Nine Charged in Alleged SIM Swapping Ring

Eight Americans and an Irishman have been charged with wire fraud this week for allegedly hijacking mobile phones through SIM-swapping, a form of fraud in which scammers bribe or trick employees at mobile phone stores into seizing control of the target’s phone number and diverting all texts an...

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Uber tumbles 9% in rocky stock market launch

Uber Technologies Inc's shares fell nearly 9% in their New York Stock Exchange debut on Friday, marking a rocky start for one of the most high-profile U.S. companies to go public since Facebook Inc seven years ago.

Facebook's Zuckerberg hails French hate speech plan as EU model

Facebook's Mark Zuckerberg hailed on Friday France's efforts to regulate hateful content online as a model for the European Union after meeting French President Emmanuel Macron in Paris.

Uber starts trading at $42 a share, 6.7% below IPO price

Uber Technologies Inc's stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. market debut since Facebook Inc seven years ago.

Uber tumbles 9% in rocky stock market debut

Uber Technologies Inc's shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile U.S. initial public offerings since Facebook Inc's seven years ago.

Lyft hits record low as Uber slumps in Wall Street debut

Lyft Inc's stock slumped to a record low on Friday as Uber Technologies, another company hemorrhaging billions of dollars, fell in its Wall Street debut.

Uber tumbles 9% in rocky stock market debut

Uber Technologies Inc's shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile U.S. initial public offerings since Facebook Inc's seven years ago.

EU car wifi plan delayed as countries await legal advice

The European Commission's plan for a wifi-based standard for cars endorsed by Volkswagen faces a two-month delay as EU countries wait for legal advice on the proposal, giving a glimmer of hope to backers of the rival 5G technology.

Defiant Uber co-founder Kalanick shows up for stock market premiere

Travis Kalanick, the co-founder of Uber Technologies Inc who stepped down as CEO in 2017 amid a string of scandals, showed up for the ride-hailing giant's stock market debut on Friday even though Uber had not invited him to join executives on the balcony of the New York Stock Exchange to ring the op...

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Uber shares likely to fall in stock market debut

Uber Technologies Inc shares are likely to open below their initial public offering price of $45 in their long-awaited market debut on Friday, early price indications showed.

Foxconn's Gou to keep board seat as he bids for Taiwan's presidency

Terry Gou, chairman of Apple supplier Foxconn, will retain a seat on the company's proposed board, a company filing showed on Friday, as he plans to run in Taiwan's 2020 presidential election.

Wirecard sees profit potential of Softbank alliance at up to 273 million euros

Wirecard sees the total five-year profit potential from its alliance with Japan's Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday.

Amazon holds talks with workers in Poland as strike threatened

Amazon said on Friday it was in talks with employees in Poland after unions threatened strike action, seeking higher pay in distribution centres.

G7 countries to simulate cross-border cyber attack next month: France

Leading Western industrial powers will for the first time jointly simulate a major cross-border cyber security attack on the financial sector next month, French officials said on Friday.

Turkish watchdog says it fines Facebook $271,000 for data breach

Turkey's Personal Data Protection Authority (KVKK) said on Friday it had fined Facebook a total of 1.65 million lira ($270,976.01) in April due to a data breach.

Amazon in talks with workers in Poland as another strike looms

Amazon said on Friday it was in talks with employees in Poland after unions threatened strike action, seeking higher pay in distribution centers.

Wirecard sees five-year profit potential of Softbank alliance at 209-273 million euros

Wirecard sees the total five-year profit potential from its alliance with Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday.

Uber set to debut on NYSE, hopes to avoid Lyft's fate

Ride services giant Uber Technologies Inc is set to make its long-awaited stock market debut on Friday, after its initial public offering was priced at the lower end of its expected range.

Foxconn's Gou retains seat on proposed board as he bids for Taiwan's presidency

Terry Gou, chairman of Apple supplier Foxconn, will retain a seat on the company's proposed board, a company filing showed on Friday, as he plans to run in Taiwan's 2020 presidential election.

China's JD reports slowest revenue growth on record in first quarter

Chinese e-commerce firm JD.com's revenues grew at their slowest pace on record in the first quarter as China's tech giants start to tap out their existing user bases, though its 21% expansion marginally beat analysts' forecasts.