SoftBank Group Corp. has prepared a financing package for WeWork Companies Inc that would give it control over the shared office space company, the Wall Street Journal reported.

Brazilian lender Banco Inter SA and Uber Technologies Inc are in talks to forge a partnership in financial services, a source familiar with the matter said, in a move that shows how Japan's SoftBank Group Corp is working to integrate its business in Latin America.

U.S. Senator Elizabeth Warren's Democratic presidential campaign this week challenged Facebook's policy that exempts politicians' ads from fact-checking, by running ads on the social media platform containing the false claim that Facebook CEO Mark Zuckerberg endorsed President Donald Trump's re-elec...

Lyft Inc, following its rival Uber's move, has sued New York City seeking to nullify a new rule limiting the time its drivers are allowed to spend cruising in Manhattan without passengers, the company said on Saturday.

Facebook Inc's ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa Inc quit the group behind the project.

Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity.

U.S. authorities said on Friday they have halted a $1.7 billion unregistered digital token offering by the messaging service Telegram Group Inc and its TON Issuer subsidiary.

Facebook Inc's efforts to establish a global digital currency called Libra suffered major setbacks on Friday, as EBay Inc , Stripe Inc, Mastercard and Visa Inc all said they were leaving a group of companies aiding the project.

EBay Inc and Stripe are leaving Libra Association, the entity managing the Facebook-led effort to build a global digital currency said on Friday, joining Paypal Holdings Inc which exited the group just a week ago.

Japan's SoftBank Group Corp is planning to invest $500 million in venture capital funds in Latin America, its managing partner in Brazil, Andre Maciel, said on Friday.

The Federal Trade Commission, which works with the Justice Department to enforce antitrust law, will lose the head of the Bureau of Competition next month, Chairman Joe Simons said in a statement on Friday.

U.S. Democratic presidential candidate Joe Biden's campaign sent letters over the last week to Facebook Inc, Twitter Inc and Alphabet Inc's Google, asking them to take down a social media ad from President Donald Trump which the Biden campaign said contained false claims.

Shares of SoftBank-backed Vir Biotechnology Inc plunged nearly 19.3% on their debut on Friday, adding to the gloom in the IPO market following WeWork's failed attempt to list on the stock market.

Brazilian financial technology start-up Nubank now has 15 million clients, the firm's chief executive said on Friday, a figure which underlines the rapid growth of the Sequoia Capital-backed venture in Latin America's largest economy.

Portugal's Secretary of State for Finance raised concerns about Facebook's digital currency Libra on Friday, stating that it should not circulate until the risks it could pose for the financial system are addressed.

Japan's Itochu Corp has invested nearly $100 million in Chinese electric vehicle maker Singulato Motors to lift its stake to about 7% and plans to boost the holding if the startup meets certain conditions, two people familiar with the matter said.

Japan's Itochu Corp has invested nearly $100 million in Chinese electric vehicle maker Singulato Motors to lift its stake to about 7% and plans to boost the holding if the startup meets certain conditions, two people familiar with the matter said.

China's foreign ministry said on Friday it hoped China can work with the United States for progress on trade consultations, when asked about trade talks between the two countries.

Bill McDermott stood down on Friday after a decade building up SAP as the world's leading enterprise software company, handing the task of completing its transition to cloud computing to new co-CEOs Jennifer Morgan and Christian Klein.

Christian Klein, SAP's new co-chief executive, told Germany's' n-tv television that the software and cloud computing giant will rely on a strategy of continuity following the departure of Bill McDermott.