SEOUL (Reuters) - The Samsung Group's de facto leader and heir apparent is poised to join the board of crown jewel Samsung Electronics Co Ltd, a step towards formalizing his role as head of the conglomerate as it reels from a massive smartphone recall.

NEW YORK (Reuters) - Payments app Venmo will roll out its first major promotional campaign on Monday, intensifying its battle over young customers' wallets with big banks.

A Samsung Electronics' Galaxy Note 7 new smartphone is displayed at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo

Amazon.com's logo is seen at Amazon Japan's office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon

A man looks around Tesla Motors' Model S P85 at its showroom in Beijing January 29, 2014. REUTERS/Kim Kyung-Hoon/File Photo

The logo of Audi is pictured at the Auto China 2016 auto show in Beijing, April 25, 2016. REUTERS/Kim Kyung-Hoon

People walk past a building that lists offices for Gawker Media in New York City, U.S., June 10, 2016. REUTERS/Brendan McDermid

An employee poses for photographs with Samsung Electronics' Galaxy Note 7 new smartphone at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo

A laptop computer featuring Windows 10 is seen on display at Microsoft Build in San Francisco, California April 29, 2015. REUTERS/Robert Galbraith - RTX1AVL0

A model poses for photographs with a Galaxy Note 7 new smartphone during its launching ceremony in Seoul, South Korea, August 11, 2016. REUTERS/Kim Hong-Ji/File Photo

CAPE CANAVERAL, Fla. (Reuters) - SpaceX founder and chief Elon Musk said on Friday he was unsure why one of the company’s Falcon rockets burst into flames on its Florida launch pad last week, destroying both the rocket and an Israeli communications satellite it was due to lift into orbit.

WASHINGTON (Reuters) - The U.S. Justice Department has formed a threat analysis team to study potential national security challenges posed by self-driving cars, medical devices and other Internet-connected tools, a senior official said.

BRUSSELS (Reuters) - The European Commission withdrew proposals on Friday that would limit next year's abolition of mobile phone roaming charges after criticism that the rules should do more to favor telecoms firms' customers.

(Reuters) - Seagate Technology Plc has invited ValueAct Capital in as an investor, selling a roughly 4 percent stake to the activist hedge fund, which will also get a front-row view of its board meetings, the hard-drive maker said on Friday.

HONG KONG (Reuters) - Global ride-hailing company Uber Technologies has aborted plans to pull out of Macau, citing support from residents in the Chinese-ruled gambling hub.

BRUSSELS (Reuters) - Facebook's problems with European privacy regulators do not mean that the social network has breached the bloc's competition rules, EU antitrust chief Margrethe Vestager said on Friday.

OSLO (Reuters) - Norway's prime minister joined a campaign by a Norwegian newspaper on Friday accusing Facebook Inc of undue censorship by barring a Vietnam War era news photograph showing a naked girl fleeing a napalm attack.

WASHINGTON (Reuters) - The U.S. Federal Aviation Administration said on Thursday it strongly advises passengers not to turn on or charge their Samsung Electronics Co Ltd Galaxy Note 7 smartphones or stow the phones in checked baggage, due to concerns over the phone's fire-prone batteries.

SAN FRANCISCO (Reuters) - Alphabet Inc's Google said on Thursday it is acquiring cloud software company Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business.

(Reuters) - Samsung Electronics Co Ltd on Thursday asked a U.S. judge to allow it to pay cargo handlers to remove its goods from Hanjin Shipping Co Ltd's vessels stationed near U.S. ports after the failure of the world's seventh-largest container carrier.

SAO PAULO (Reuters) - Oi SA, Brazil's largest fixed-line telephone carrier, said the Rio de Janeiro court overseeing its bankruptcy protection maintained the suspension of shareholder meetings originally scheduled for this Thursday, according to a securities filing.

WASHINGTON (Reuters) - The White House on Thursday is expected to announce retired U.S. Air Force Brigadier General Gregory Touhill as the government’s first federal cyber security chief, a position intended to improve defenses against hackers, according to a government statement seen by Reute...

SAN FRANCISCO (Reuters) - Alphabet Inc's Google said on Thursday it is acquiring software developer Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business.

(Reuters) - Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs, Bloomberg reported.

(Reuters) - Online rental marketplace Airbnb will address reports of widespread racial discrimination against non-white guests by displaying user photos less prominently, promoting instant bookings and changing some of its technology, according to a report commissioned by the company.

BRUSSELS (Reuters) - The European Union is set to extend some security rules currently only applicable to telecom operators to web services such as WhatsApp , Skype and Apple Inc's FaceTime , according to a draft proposal seen by Reuters.

FRANKFURT (Reuters) - A Tesla electric car involved in a fatal crash in the Netherlands this week was not using the "Autopilot" function at the time of the accident, Tesla said on Thursday.

SAN FRANCISCO (Reuters) - Apple Inc will not release first-weekend sales of the newly announced iPhone 7, a spokeswoman for the company said.

BRUSSELS - Alphabet's Google has been given two more weeks to counter EU antitrust charges that it uses its dominant Android mobile operating system to block competitors, the European Commission said on Thursday.

SYDNEY (Reuters) - Three Australian airlines have banned passengers from using or charging Samsung Electronics' Galaxy Note 7 smartphones during flights due to concerns over the phone's fire-prone batteries.