Facebook CEO to testify before house panel on Oct. 23

Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the company faces growing scrutiny from U.S. lawmakers.

Consumer Reports calls Tesla automated parking 'glitchy'

Tesla Inc's Smart Summon automated parking system is "glitchy" and only works intermittently, influential U.S. magazine Consumer Reports has said, adding to recent questions about the app-based feature.

Multinationals risk heftier tax hit in biggest overhaul for decades

Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.

Huawei welcomes EU report on 5G networks, ready to work to make them safe

Huawei Technologies on Wednesday welcomed a European Union strategy statement on 5G mobile networks, saying it was ready to work with its partners to ensure they are secure.

Fitbit to shift manufacturing operations outside of China from January

Wearable device maker Fitbit Inc said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January, in response to the ongoing tariff threat.

U.S.-China trade war may cut global growth by half a point next year: Le Maire

The trade war between the United States and China could cut global growth by 0.5 points next year, French Finance Minister Bruno Le Maire said on Wednesday.

EU warns about cybersecurity risks from state-backed entities

The European Union on Wednesday warned of increased cyber attacks by state-backed entities and non-EU actors, saying that it was crucial to assess the risks posed by telecoms equipment suppliers with a significant market share in the bloc.

Factbox: International tax faces biggest shake-up in decades under OECD plan

The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.

Multinationals face heftier tax hit in biggest overhaul for decades

Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.

France's Le Maire urges global deal on tech tax after 'very good' proposals

France's Finance Minister Bruno Le Maire said proposals unveiled on Wednesday by the Organisation for Economic Cooperation and Development (OECD) for a global overhaul of digital taxation were "very good" and urged the body's members to reach a deal early next year.

Russian lawmakers look to ban e-mail users who share illegal content

A group of pro-Kremlin lawmakers has drafted legislation that would allow authorities to block individual e-mail or online messenger users who circulate banned content.

China's Hikvision sees only limited impact from U.S. blacklisting

Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday.

High-tech jacket allows deaf people to feel the music

Twin sisters Hermon and Heroda Berhane love dancing but can't hear the music because they're both deaf, so the invention of a jacket with sensors that enables them to feel the different sounds has transformed their nights out in London clubs.

Air quality app back online in Vietnam after attacks over smog ranking

Independent online air quality index monitor AirVisual said on Wednesday its air quality monitoring app is available for download again in Vietnam after it suspended it in the face of a barrage of criticism from social media users.

Nordic banks agree to fund common payment service

Six of the Nordic region's biggest banks have agreed to invest in pan-Nordic instant payment system P27, aiming to integrate payment services in the region into a single platform to help boost business.

Multinationals face heftier tax bills under OECD proposals

Governments will get more power to tax big multinationals doing business in their countries under a major overhaul of decades-old cross-border tax rules outlined on Wednesday by the Organisation for Economic Cooperation and Development.

Mail.Ru and partners team up with Alipay for Russian payment JV

Russian internet company Mail.Ru said on Wednesday it had agreed a joint venture with Alipay, the mobile payments arm of Alibaba Group, along with the Russian Direct Investment Fund (RDIF) and two other Russian partners.

Australia's Afterpay names ex-Treasury Secretary Summers to U.S. advisory board

Australian buy-now-pay-later firm Afterpay Touch Group said on Wednesday that ex-U.S. Treasury Secretary Lawrence Summers will join its U.S. advisory board, along with former Reebok CEO Uli Becker, and former ModCloth CEO Matthew Kaness.

Bank of England sets out rules of engagement for Facebook's Libra

The Bank of England set out the rules of engagement that Facebook's Libra crypto-currency and other new digital payments providers would have to meet before they can open for business in Britain.

China's Hikvision says U.S. blacklisting could hurt in the short-term

China's Hikvision said on Wednesday a decision by the U.S. government to place it on a trade blacklist could have a short-term impact on the video surveillance company's performance.

China's Hikvision says blacklist could impact performance

China's Hikvision said on Wednesday a decision by the U.S. government to place it on a trade blacklist could have a short-term impact on the video surveillance company's performance.

NBA fans in China seek refund from Tencent as streaming suspended

Some Chinese National Basketball Association (NBA) fans have asked for streaming subscription refunds from exclusive service provider Tencent amid a deepening free speech row, a move that could cause the tech giant financial pain.

Alibaba to stop sales of e-cigarette components in United States

Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung disease and some deaths linked to vaping.

Goldman evaluating role in China's Megvii IPO after U.S. blacklist

Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.

Goldman evaluating role in Megvii IPO after AI firm put on U.S. blacklist

Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.

Twitter says user data meant for security purposes may have been used for advertising

Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.

Arm Holdings still aiming for 2023 return to public markets, CEO says

Arm Holdings, the semiconductor technology firm owned by Softbank Group Corp, still plans to return to the public markets by 2023, its chief executive said on Tuesday.

Twitter says user data meant for security purposes may have gone to advertisers

Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.

Goldman Sachs evaluating involvement in Megvii IPO after U.S. action

Goldman Sachs Group Inc said on Tuesday it is reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) in light of U.S. action against the Chinese artificial intelligence firm.

China state newspaper criticizes Apple for app use by Hong Kong protesters

The Chinese Communist Party's official newspaper, the People's Daily, lashed out on Tuesday at Apple Inc for allowing an app on its app store that tracks the movement of police around Hong Kong and is used by protesters in ongoing and sometimes violent demonstrations.