Short bets against WeWork's bonds jumped to a record high this week, suggesting investors believe the office-sharing startup may again seek to raise money in the debt market after it filed to withdraw its initial public offering.
The United States and allies are seizing on Facebook Inc's plan to apply end-to-end encryption across its messaging services to press for major changes to a practice long opposed by law enforcement, saying it hinders the fight against child abuse and terrorism.
The United States and United Kingdom plan to sign a special data agreement on Thursday that would fast track requests from law enforcement to technology companies for information about the communications of terrorists and child abusers, according to documents reviewed by Reuters.
Scooter company Bird has raised $275 million in a funding round led by CDPQ and Sequoia Capital, it said on Thursday, in a deal valuing the firm at $2.5 billion before the investment.
The United States and United Kingdom plan to sign a special data agreement on Thursday that would fast track requests from law enforcement to technology companies for information about the communications of terrorists and child abusers, according to documents reviewed by Reuters.
Tesla's stock dropped 6% on Thursday after the electric car maker's quarterly deliveries underwhelmed investors already concerned about slowing revenue growth and ongoing losses.
Facebook Inc said on Thursday it was launching a separate camera-first messaging app, "Threads", for it's photo-sharing platform Instagram, another blow in the company's social media war with smaller rival Snapchat.
Facebook can be ordered to police and remove illegal content worldwide, Europe's top court said on Thursday, in a landmark ruling that rights activists say raises concerns some countries could use it to silence critics.
Facebook can be ordered to police and remove illegal content worldwide, Europe's top court said on Thursday, in a landmark ruling that rights advocates say could allow authoritarian regimes to silence critics.
France has enlisted tech companies Dassault Systemes and OVH to come up with plans to break the dominance of U.S. companies in cloud computing, its finance minister said on Thursday.
Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps.
Oil major Total will not risk going alone in producing battery cells for electric vehicles, said Total's chairman and chief executive Patrick Pouyanne on Thursday.
Axon Enterprise Inc, the leading maker of U.S. police body cameras, began shipping new devices last week with security upgrades it says could aid in thwarting and discrediting "deepfake" videos.
Courts in the European Union can order Facebook to remove worldwide comments by users of its service that have been declared illegal, the European Union's highest court ruled on Thursday.
British tech investor Notion Capital has raised $150 million for its fourth venture fund dedicated to European start-ups offering software as a service, bringing total assets under management to more than half a billion dollars.
Italian prosecutors have opened an investigation into alleged tax evasion targeting U.S. streaming service Netflix, a source with direct knowledge of the matter said on Thursday.
Turkish authorities have fined Facebook Inc 1.6 million lira ($282,000) for violation of data protection laws which affected nearly 300,000 people, the Personal Data Protection Board (KVKK) said on Thursday.
Southeast Asia's internet economy is forecast to reach $300 billion by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said on Thursday.
Ride-hailing firm Uber Technologies Inc said it has launched an app to connect workers with businesses needing to fill available shifts.
Malaysia's competition regulator on Thursday proposed a fine of over 86 million ringgit ($20.53 million) on ride-hailing firm Grab for violating the country's competition law by imposing restrictive clauses on its drivers.
