Going TikTok: Indians get hooked on Chinese video app ahead of election

A video clip shot on a sparse rooftop of what looks like a low-rise apartment block shows a young Indian man swaying while lip-syncing a song praising Prime Minister Narendra Modi.

Chinese EV maker BYD says 2018 preliminary profit down 31 percent, blames competition

Chinese electric vehicle maker BYD Co Ltd reported preliminary net profit for 2018 that was 31.4 percent lower than a year earlier, pinning the blame on intensifying competition in the world's biggest auto market.

Former Russian Cybersecurity Chief Sentenced to 22 Years in Prison

A Russian court has handed down lengthy prison terms for two men convicted on treason charges for allegedly sharing information about Russian cybercriminals with U.S. law enforcement officials. The men — a former Russian cyber intelligence official and an executive at Russian security firm Kas...

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Ex-Cylance, Carbon Black executives' startup raises $20 million in second funding round

Cybersecurity company Obsidian Security raised $20 million in a funding round participated by Greylock Partners, the company told Reuters on Tuesday, a day ahead of a planned announcement.

U.S. consumer regulator forms task force to monitor big tech

The Federal Trade Commission, under pressure to keep closer tabs on big tech companies such as Alphabet's Google and Facebook, said on Tuesday it would create a task force to monitor the sector and investigate anticompetitive conduct.

Tesla's Musk must address SEC contempt bid as he calls agency 'broken'

A federal judge on Tuesday ordered Tesla Inc Chief Executive Elon Musk to explain by March 11 why he should not be held in contempt for violating his fraud settlement with the U.S. Securities and Exchange Commission.

Palo Alto Networks revenue, profit beat Street estimates

Cybersecurity company Palo Alto Networks Inc topped Wall Street estimates for revenue and profit on Tuesday, aided by better-than-expected growth in its product business, sending its shares up 6 percent.

EBay offers concessions to avert fight with Elliott: sources

EBay Inc has informed Elliott Management Corp it is willing to explore shedding some of its key assets and giving the hedge fund board representation in a bid to avert a proxy contest, people familiar with the matter said on Tuesday.

U.S. consumer regulator forms task force to keep an eye on big tech

The Federal Trade Commission, under pressure to keep closer tabs on big tech companies like Alphabet's Google and Facebook, said on Tuesday it would create a task force to monitor the sector and investigate anticompetitive conduct.

Facebook will introduce 'clear history' tool this year: CFO

Facebook Inc will introduce a tool allowing users to clear their browsing history this year, which will affect the company's ability to target advertisements, Chief Financial Officer David Wehner told an investment conference on Tuesday.

Europe calls for facts not fears in Huawei security row

Facts not fears should decide the future of telecoms network security in Europe, industry leaders and policy chiefs said this week, brushing off U.S. calls for a ban on Chinese vendors.

European officials reject SpaceX complaints over launch subsidies

European space officials on Tuesday rejected complaints by U.S. rocket builder SpaceX that subsidies are hampering its access to the European market, arguing the much larger U.S. market is virtually closed to Europe's Ariane satellite launch vehicle.

Facebook expands ad buying options for premium video

Facebook Inc on Tuesday launched new advertising options for its premium video content to attract marketers hoping to buy ad spots in a similar manner to traditional television networks.

Tesla's Musk must address SEC contempt bid as he calls agency 'broken'

A federal judge on Tuesday ordered Tesla Inc Chief Executive Elon Musk to explain by March 11 why he should not be held in contempt for violating his fraud settlement with the U.S. Securities and Exchange Commission.

Tesla's Musk ordered to respond to SEC contempt motion by March 11

A federal judge on Tuesday ordered Tesla Inc Chief Executive Elon Musk to explain by March 11 why he should not be held in contempt for violating a settlement agreement with the U.S. Securities and Exchange Commission.

U.S. says Europe getting its message on 'deceitful' Huawei

European governments are listening to the U.S. message that China's Huawei exposes telecoms networks to security risks, a senior U.S. cyber official said on Tuesday.

Twitter to liaise with India's election body, boost hiring ahead of polls

Twitter Inc plans to boost hiring in India and appoint an officer to liaise with the Election Commission (EC), a senior executive said on Tuesday, responding to concerns about political misuse of social media ahead of this year's general elections.

Malta leads on cryptoassets regulation while EU ponders

As the European Commission ponders whether the European Union needs rules for cryptoassets and trading in virtual currencies, EU states are moving ahead with their own regulations, with the smallest of them, Malta, leading the pack.

U.S. State Department says Europe getting its message on Huawei

European governments are listening to the U.S. message that China's Huawei exposes telecoms networks to security risks, a senior U.S. cyber official said on Tuesday.

Tesla's Musk calls SEC 'broken' in new Twitter spat

Silicon Valley billionaire Elon Musk laid into the U.S. Securities and Exchange Commission again on Tuesday, after it accused the Tesla Inc Chief Executive Officer of violating a fraud settlement in a tweet last week.