CEO Zuckerberg says Facebook could have done more to prevent misuse

WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg told Congress on Monday that the social media network should have done more to prevent itself and its members' data being misused and offered a broad apology to lawmakers.

U.S. regulator to publish fintech charter position in next few months

WASHINGTON (Reuters) - The head of the Office of the Comptroller of the Currency (OCC) said on Monday it will publish its position on a proposed charter for online lenders and other so-called fintech companies in the next three months.

Novogratz's Galaxy Digital hires Goldman VP as COO: Bloomberg

(Reuters) - Former macro hedge fund manager Mike Novogratz's cryptocurrency merchant bank, Galaxy Digital, hired Richard Kim from Goldman Sachs Group Inc as chief operating officer, Bloomberg reported on Monday, citing people with knowledge of the matter.

Facebook CEO says company did not do enough to prevent misuse

WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg told Congress on Monday that the social media network did not do enough to prevent itself and its members' data being misused over the past few years and offered an apology to lawmakers.

Facebook CEO apologizes, says company did not do enough to prevent misuse

(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg told Congress in written testimony released on Monday that the social media network did not do enough to prevent misuse and apologized.

Uber agrees to buy electric cycle-sharing startup JUMP Bikes

SAN FRANCISCO (Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] said on Monday it has agreed to buy electric bicycle service JUMP Bikes, allowing Uber to offer U.S. passengers an alternative to cars and further consolidating the crowded bike-sharing industry.

Samsung C&T mulling raising up to $2.8 bln to buy stake in biopharma affiliate: MBC

SEOUL (Reuters) - Samsung C&T Corp, de facto holding company of Samsung Group, is considering raising up to 3 trillion won ($2.8 billion) to buy a 30 percent stake in sub-subsidiary Samsung Bioepis Co Ltd, a South Korean TV channel reported on Monday.

Alibaba's Jack Ma urges Facebook to fix privacy issues

BOAO, China (Reuters) - Jack Ma, founder of Chinese e-commerce giant Alibaba, on Monday urged Facebook Inc to resolve its data privacy problems, a day before the social media giant's founder, Mark Zuckerberg, was due to appear at U.S. congressional hearings.

Zuckerberg to meet with U.S. lawmakers today: sources

WASHINGTON (Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg will hold meetings with some U.S. lawmakers on Monday, a day before he is due to appear at Congressional hearings over a political consultancy's use of customer data, two congressional aides said on Sunday.

Uber has acquired electric bike-sharing startup JUMP Bikes

SAN FRANCISCO (Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] said on Monday it has acquired electric bike service JUMP Bikes, in a deal that further consolidates the crowded bike-sharing industry and allows Uber to offer U.S. passengers an alternative to cars.

Rakuten gets government approval for wireless operations

TOKYO (Reuters) - Rakuten Inc said on Monday it won government approval to offer mobile services as the Japanese e-commerce company expands its business into a market dominated by three major carriers.

China's SenseTime valued at $4.5 billion after Alibaba-led funding: sources

HONG KONG (Reuters) - Chinese facial recognition technology developer SenseTime Group Ltd has tripled its worth in less than a year after a funding round, led by Alibaba Group Holding Ltd, valued it at about $4.5 billion, people with knowledge of the matter said.

Xiaomi pushes for smartphone component suppliers to invest in India

MUMBAI (Reuters) - China's Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as $2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs.

China's SenseTime valued at $4.5 billion after $600 million funding led by Alibaba: sources

HONG KONG (Reuters) - Chinese facial recognition technology developer SenseTime Group Ltd has closed a $600 million funding round led by Alibaba Group Holding Ltd, bringing its value to around $4.5 billion, two people with knowledge of the matter told Reuters.

Xiaomi says pushing for smartphone component suppliers to invest in India

MUMBAI (Reuters) - China's Xiaomi said it wants its global smartphone component makers to set up base in India, in what could potentially bring as much as $2.5 billion of investment to the South Asian nation and create as many as 50,000 jobs.

China joins HK-U.S. battle for Chinese tech listings

HONG KONG (Reuters) - When Charles Li, chief executive of the Hong Kong Exchange, last year announced plans to help the next wave of Chinese tech giants go public in the city, bankers celebrated.

Tech group urges U.S. to recruit allies to take on China, not tariffs

WASHINGTON (Reuters) - A trade group representing top technology companies on Monday told U.S. Treasury Secretary Steven Mnuchin that it opposes the Trump administration's focus on tariffs to try to change China's unfair trade practices.

Don’t Give Away Historic Details About Yourself

Social media sites are littered with seemingly innocuous little quizzes, games and surveys urging people to reminisce about specific topics, such as “What was your first job,” or “What was your first car?” The problem with participating in these informal surveys is that in do...

Continue reading

Zuckerberg to meet with U.S. lawmakers Monday: sources

WASHINGTON (Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg will hold meetings with some U.S. lawmakers on Monday, a day before he is due to appear at Congressional hearings over a political consultancy's use of customer data, two congressional aides said on Sunday.

Facebook's Zuckerberg to meet with U.S. lawmakers Monday: sources

WASHINGTON (Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg will hold meetings with some U.S. lawmakers on Monday, a day before he is due to appear at Congressional hearings over a political consultancy's use of customer data, two congressional aides said on Sunday.