UK's Lidington: Huawei leak inquiry needed to ensure government integrity

The British government's inquiry into the disclosure of secret information relating to Chinese telecoms company Huawei was needed to ensure the integrity of the National Security Council, cabinet office minister David Lidington said on Thursday.

Government to answer urgent question on Huawei leak: Labour Party

A British government minister will be called to parliament on Thursday to answer a question on the findings of an inquiry into the disclosure of confidential information relating to Chinese telecoms company Huawei, the opposition Labour Party said.

Facebook settlement with U.S. may include privacy oversight: Politico

Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, citing a source.

Theresa May's letter to dismissed defense secretary Williamson

British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei.

Apple's upbeat forecast pushes market value back toward $1 trillion

Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker's market valuation back toward $1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhone sales.

Fitbit results beat Street as demand for wearable devices climb

Wearable device maker Fitbit Inc reported better-than expected first-quarter results and reaffirmed its full-year revenue forecast on Wednesday, as it sells more smartwatches and wearable devices that track health at affordable prices.

Qualcomm hangs on to most Apple gains after earnings report

Qualcomm Inc shares fell about 2% on Wednesday as investors got their first look at the bottom line impact of a patent fight settlement with Apple Inc.

'CSR Racing 2', "Empires & Puzzles" fuel Zynga's bookings, shares rise

Zynga Inc on Wednesday forecast bookings above Wall Street expectations after beating first-quarter estimates, powered by demand for its games such as "CSR Racing 2", as well as acquired franchises like "Empires & Puzzles".

Fitbit quarterly results beat Street as it sold more wearable devices

Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities.

Zynga smashes bookings estimates, raises forecast on 'Empires & Puzzles', 'CSR Racing 2'

Zynga Inc on Wednesday forecast bookings well above Wall Street expectations after beating first-quarter estimates, powered by demand for its games such as "CSR Racing 2", as well as acquired franchises like "Empires & Puzzles".

UK's May fires defense secretary over Huawei leak

British Prime Minister Theresa May fired her defense minister on Wednesday over a leak of discussions in the National Security Council about Chinese telecoms company Huawei, the latest of her allies to be ousted from government.

Fired UK defense minister Williamson denies Huawei leak

Fired by British Prime Minister Theresa May as defense secretary on Wednesday, Gavin Williamson denied leaking information about Chinese telecoms company Huawei from her National Security Council.

UK's May fires defence secretary over Huawei leak

British Prime Minister Theresa May fired her defence secretary, Gavin Williamson, on Wednesday, saying an investigation suggested he was to blame for leaking discussions about Chinese telecoms company Huawei from her National Security Council.

Britain appoints Penny Mordaunt as new defense secretary

Britain's government said on Wednesday Penny Mordaunt had been named defense secretary to replace Gavin Williamson, who was sacked over the leak of information about Chinese telecoms company Huawei.

Apple buybacks weigh on drive towards $1 trillion value

Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.

UK PM May fires defense minister Williamson over Huawei leak

British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei.

Improving cyber security part of development of telecoms networks: UK PM May

Prime Minister Theresa May said on Wednesday her government wanted to ensure any development of Britain's telecoms networks would help build their resilience and improve cyber security.

Apple results beat sets eyes back on $1 trillion

Apple Inc shares rose almost 5 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.

Amazon opens its platform to local retail market in Israel

E-commerce giant Amazon has reached out to Israeli retailers to enable them to sell directly to customers in Israel using its online platform.

Google's competition for advertising heats up from Amazon, rival platforms

Alphabet Inc's Google, the largest U.S. digital advertising platform, is facing increased competition from sites where people purchase products and places thought to be safe from potentially offensive content, advertising buyers say.