U.S.-based tech giant Cognizant Technology Solutions has agreed to pay $25 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), the U.S. Securities and Exchange Commission (SEC) said on Friday.

Nvidia Corp's forecast of a demand rebound by the end of the year calmed investor nerves and pushed its shares up 5 percent on Friday, but several Wall Street analysts said the outlook was "aggressive" given weak demand and the ongoing U.S.-China trade war.

Billionaire investor Stanley Druckenmiller bet against electric carmaker Tesla Inc during the fourth quarter, wagering that its share price will fall, according to quarterly filings released on Thursday.

Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to increase certain fees levied on U.S. merchants for processing transactions that will kick in this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Britain should avoid relying on a monopoly provider of equipment in new 5G mobile networks, but there are no easy answers to concerns about using Chinese supplier Huawei, the chief of Britain's foreign intelligence service said on Friday.

Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity.

The telecoms industry has called on European governments to join mobile operators in establishing a testing regime to protect network security without having to resort to the disruptive step of excluding vendors from the market.

Hellman & Friedman and Blackstone have offered to buy online classifieds group Scout24 for 5.7 billion euros ($6.4 billion), including debt, potentially the biggest takeover of a listed German company by private equity.

Germany's finance ministry is looking into the possibility of a 15 percent special tax on online advertising revenue collected by foreign internet companies such as Google or Facebook from German operators, Wirtschaftswoche magazine reported on Friday.

Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China's Huawei, according to company officials and other industry executives.

Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.

Beijing-based ride-hailing giant Didi Chuxing will lay off 15 percent of its staff this year, or about 2,000 employees, a source familiar with the matter told Reuters on Friday.

More than a year of work to bring Amazon.com Inc's headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.

Australian iron ore miner Fortescue said on Friday that one of its driverless trucks, traveling at low speed, ran into another that was parked at its remote Western Australian operations in an incident earlier this week.

EBay Inc.'s stock price slumped for most of last year but a number of prominent hedge funds were so convinced that change is on the horizon for the e-commerce company that they established new or added to existing positions in the last months of 2018.

Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading.

Chip gear maker Applied Materials Inc forecast second-quarter profit and revenue below analysts' estimates on Thursday, underscoring the weakness in the semiconductor industry that has forced some companies to temper their outlook.

The U.S. government and Facebook Inc are negotiating a settlement over the company's privacy lapses that could require the online social network to pay a multibillion-dollar fine, the Washington Post reported on Thursday.

U.S. Representative Alexandria Ocasio-Cortez wasted no time on Thursday in calling Amazon's decision to scrap plans to build a major New York outpost with nearly $3 billion in city and state incentives a big victory for progressive politicians.

Warren Buffett's Berkshire Hathaway Inc said it trimmed its stake in iPhone maker Apple Inc, its largest stock investment, and added positions in Canada's Suncor Energy Inc and software company Red Hat Inc.