Zuckerberg resists effort by U.S. senators to commit him to regulation

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Tuesday navigated through the first of two U.S. congressional hearings without making any further promises to support new legislation or change how the social network does business.

Zuckerberg resists effort by senators to commit him to regulation

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Tuesday navigated through the first of two U.S. congressional hearings without making any further promises to support new legislation or change how the social network does business.

Adobe, Microsoft Push Critical Security Fixes

Adobe and Microsoft each released critical fixes for their products today, a.k.a “Patch Tuesday,” the second Tuesday of every month. Adobe updated its Flash Player program to resolve a half dozen critical security holes. Microsoft issued updates to correct at least 65 security vulnerabil...

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Facebook shares rise sharply as Zuckerberg deters regulation talk

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc shares posted their biggest daily gain in nearly two years on Tuesday as Chief Executive Mark Zuckerberg fended off questions from U.S. senators on how the world's largest social network might be regulated more closely.

Dubai's Alibabacoin says Alibaba has no monopoly on 'magic' name

NEW YORK (Reuters) - The Dubai-based cryptocurrency firm Alibabacoin Foundation on Tuesday said Alibaba Group Holding Ltd cannot monopolize the "magical" Alibaba name, and asked a U.S. judge to dismiss the Chinese e-commerce retailer's trademark lawsuit.

Facebook shares rise as U.S. senators question Zuckerberg

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc shares rose on Tuesday to their highest in almost three weeks as Chief Executive Mark Zuckerberg fended off questions from U.S. senators on how the social network handles user data and plans to counter attempts at interfering in U.S. elections.

Telefonica Brasil to expand ultra-fast broadband to 20 new cities

SAO PAULO (Reuters) - Telefonica Brasil SA will expand ultra-fast fiber-to-the-home (FTTH) broadband service to more than 20 new cities in 2018 as Brazil's largest telecommunications firm eyes ambitious growth among wealthier clients, a top executive told Reuters.

Google in talks to buy Nokia's airplane broadband business: Bloomberg

(Reuters) - Alphabet Inc's Google is in talks to buy Nokia Oyj's airplane broadband business, Bloomberg reported on Tuesday, citing people familiar with the matter.

China's Ant ups fundraising target, valuation could hit $150 billion: sources

(Reuters) - China's Ant Financial Services Group is in talks with investors to raise at least $8 billion in its next planned round of funding, potentially valuing the company at about $150 billion ahead of an expected stock market floatation, people with knowledge of the plan said.

CEO Zuckerberg says Facebook going through 'philosophical shift'

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg told U.S. senators on Tuesday that the company was attempting to change in light of recent criticism, as he attempted to forestall any strict legislation aimed at the world's largest social network.

Facebook CEO Zuckerberg starts testifying in Senate hearing

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg started testifying before Congress on Tuesday as he looks to fend off the possibility of new regulations as a result of the privacy scandal engulfing his social network.

Senate plans future hearing on Cambridge Analytica, other firms

WASHINGTON (Reuters) - The U.S. Senate Commerce Committee plans to hold a future hearing on Cambridge Analytica and other companies that may have improperly obtained Facebook Inc user data, the chairman of the panel said on Tuesday.

Lebara hooks up with WorldRemit in money transfer pact

LONDON (Reuters) - WorldRemit will be the exclusive money transfer partner for international call provider Lebara under a deal announced on Tuesday by the London-based brands, which are popular among immigrants to Europe.

Long lines, protest before Facebook CEO Zuckerberg testifies

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg will strike a conciliatory tone on Tuesday in testimony before Congress as he looks to fend off the possibility of new regulations as a result of the privacy scandal engulfing his social network.

Facebook CEO Zuckerberg aims to pacify U.S. lawmakers

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg will strike a conciliatory tone on Tuesday in testimony before Congress as he looks to fend off the possibility of new regulations as a result of the privacy scandal engulfing his social network.

Uber launches new app for drivers

(Reuters) - Uber Technologies Inc [UBER.UL] on Tuesday unveiled a new app for its drivers that includes a real-time earnings tracker, the latest effort by the ride-hailing service to improve an often contentious relationship.

BP teams up with Tesla to venture into battery storage for windfarm

LONDON (Reuters) - BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business, the energy group said on Tuesday.

Israeli agency investigating Apple over handling of iPhone slowdown

JERUSALEM (Reuters) - Israel's consumer protection bureau said on Tuesday it was investigating Apple over a failure to disclose to consumers that its software could slow performance in some iPhones.

Uber loses EU court case in fight against French criminal charges

LUXEMBOURG (Reuters) - France is entitled to bring criminal proceedings against local managers of ride-hailing app Uber [UBER.UL] for running an illegal taxi service, the EU top court ruled on Tuesday, dealing the Silicon Valley start-up another legal setback.

Facebook regulation: How much is too much?

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg will strike a conciliatory tone on Tuesday in testimony before Congress in an attempt to blunt possible regulatory fallout from the privacy scandal engulfing his social network.