HONG KONG (Reuters) - U.S. private equity firm Warburg Pincus LLC [WP.UL] is in talks to invest in a fundraising round for China's Ant Financial Services Group [ANTFIN.UL] that is expected to be worth at least $8 billion, people with knowledge of the matter said.
HONG KONG/SHANGHAI (Reuters) - U.S. co-working firm WeWork Cos is planning to buy China-based rival Naked Hub, three sources familiar with the deal told Reuters, a move which would boost the New York firm's footprint in the world's second largest economy.
PHOENIX (Reuters) - A co-founder of Backpage.com charged with knowingly facilitating prostitution and money laundering will likely be released from federal detention later this week after posting $1 million bond, his attorney said on Wednesday.
WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg fielded 10 hours of questions over two days from nearly 100 U.S. lawmakers and emerged largely unscathed and considerably richer.
WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Wednesday sparred with lawmakers over how much control users of the world's largest social media network have over their data in a sometimes fractious five-hour hearing.
(Reuters) - SoftBank Group Corp CEO Masayoshi Son faces a closing window of opportunity to merge the Japanese company's debt-laden U.S. wireless subsidiary Sprint Corp with Deutsche Telekom's U.S. wireless unit, T-Mobile U.S. Inc.
(Reuters) - Facebook Inc's Instagram will soon allow its users to download a copy of all the content they have uploaded on the photo-sharing platform, a spokesman said on Wednesday.
WASHINGTON (Reuters) - Uber Technologies Inc [UBER.UL] is looking to be virtually a one-stop transportation shopping app, saying on Wednesday it will add new services, including car-sharing and train tickets.
SAN FRANCISCO (Reuters) - Tesla Inc is targeting November 2019 as the start of production for its Model Y sport utility vehicle, with production in China to begin two years later, two sources told Reuters this week, shedding some light on the electric vehicle maker's next project that could tax its ...
The Internal Revenue Service has been urging tax preparation firms to step up their cybersecurity efforts this year, warning that identity thieves and hackers increasingly are targeting certified public accountants (CPAs) in a bid to siphon oodles of sensitive personal and financial data on taxpayer...
(Reuters) - Apple Inc on Wednesday appointed a new executive to oversee its Apple Music streaming business and hit 48 million subscribers, the company said.
WASHINGTON (Reuters) - Uber Chief Executive Dara Khosrowshahi said on Wednesday that the ride-sharing company still believes in the prospects for autonomous transport after one of its self-driving vehicles was involved in a fatal crash in Arizona last month.
WASHINGTON (Reuters) - Uber Chief Executive Dara Khosrowshahi said Wednesday the ride-sharing company still believes in the prospects for autonomous vehicles after a company vehicle was involved in a fatal self-driving crash in Arizona last month.
(Reuters) - Uber Technologies Inc [UBER.UL] said on Wednesday it is planning to offer more modes of transportation for riders through its app, giving people more ways to get around in cities.
WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political consultancy Cambridge Analytica.
WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg started a second day of testimony on Capitol Hill on Wednesday, facing more questions from lawmakers about data privacy at the world's largest social media network.
HANOI (Reuters) - Vietnam on Wednesday urged greater vigilance against cryptocurrency transactions and investments, as officials in its economic hub asked police to investigate what could prove to be the country's largest cryptocurrency fraud.
SEATTLE (Reuters) - XPO Logistics Inc unveiled software on Wednesday that allows merchants to track truck and rail cargo in real-time nationwide, technology the third-largest publicly traded U.S. logistics firm hopes will help reduce bottlenecks at its warehouses.
SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg returns to Capitol Hill on Wednesday for more questioning by lawmakers who have a rare chance to air grievances about the company directly to the head of the world's largest social media network.
BEIJING/SHANGHAI (Reuters) - In China, a platform for risqué jokes is no laughing matter.
