The Federal Aviation Administration told a U.S. Senate panel would need an additional 10,000 employees that would cost $1.8 billion if it were to assume all responsibilities for aircraft certification.
Technology executives were put on the spot at an artificial intelligence summit this week, each faced with a simple question growing out of increased public scrutiny of Silicon Valley: 'When have you put ethics before your business interests?'
Boeing Co said on Wednesday it had reprogrammed software on its 737 MAX passenger jet to prevent erroneous data from triggering an anti-stall system that is under mounting scrutiny following two deadly nose-down crashes in the past five months.
Facebook Inc on Wednesday banned praise, support and representation of white nationalism and white separatism on its social media platforms, bolstering its efforts to tackle hate speech.
Boeing Co said on Wednesday it will make a safety feature standard on its now-grounded 737 MAX jets that might have warned of problems potentially linked to two recent fatal crashes.
The top U.S. Transportation Secretary questioned on Wednesday why Boeing Co did not require safety features on its top-selling 737 MAX that might have prevented two recent crashes, ahead of a much-anticipated Senate hearing about the airplane.
A U.S. federal appeals court refused to hold Grindr liable to a New York man who said his former boyfriend used the gay dating app to post fake profiles, in a harassment campaign that caused more than 1,000 men to approach the victim for sex.
U.S. Transportation Secretary Elaine Chao said on Wednesday it was "very questionable" why some safety features were not required on the Boeing Co 737 MAX, ahead of a much-anticipated Senate hearing where leaders in her department will be questioned about two recent 737 MAX crashes.
Boeing Co confirmed Wednesday it will make a safety feature standard on its now-grounded 737 MAX that might have warned earlier of problems that possibly played a role in two recent crashes.
The United States has made progress in convincing the European Union of the risks in using technology from China's Huawei and will continue to push them on the issue, U.S. Secretary of State Mike Pompeo said on Wednesday.
U.S. Transportation Secretary Elaine Chao told a Senate committee on Wednesday it was "very questionable" why some Boeing 737 MAX safety features were not required, but she stopped short of saying the government would require retrofitting all aircraft.
Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.
China's ZTE Corp made a net profit of 276 million yuan in the fourth-quarter as it recovered from costly U.S. sanctions which dragged it to an overall 2018 loss of 7.0 billion yuan ($1 billion).
Telecoms equipment supplier Ericsson is yet to see an increase in contract wins on the back of security concerns over China's Huawei, the Swedish company's chief executive said on Wednesday
Hewlett-Packard botched its $11.1 billion acquisition of Autonomy and then tried to cover up its own mismanagement by accusing the British software company's founder Mike Lynch of fraud, a London court was told on Wednesday.
Payments group Worldpay said on Wednesday it was expanding its business in Australia and New Zealand, a new heavyweight disruptor vying for the business of the established payment networks and banks servicing most local firms.
Banco Santander Brasil SA has partnered with Natura Cosmeticos SA to offer banking services to the cosmetics maker's sellers, according to a securities filing on Wednesday.
The Swiss financial watchdog said on Wednesday the firm behind a $90 million initial coin offering (ICO) took money illegally from investors, highlighting a readiness by regulators to apply traditional market rules to cryptocurrency-related fundraising.
German used-car dealing platform Auto1 said it could seek a public offering in future but a 2018 cash infusion from Japan's Softbank means it has no immediate need for extra funding of its European growth plans.
Ericsson says current 5G network security discussions is leading to worry among its customers, but the mobile network equipment maker has still not seen an increase in contracts due to that, its top chief said on Wednesday.





