Facebook's lead regulator in the European Union, Ireland's Data Protection Commissioner, on Thursday said it had launched an inquiry into whether the company violated EU data rules by saving user passwords in plain text format on internal servers.
Facebook Inc committed serious contraventions of Canadian privacy law and failed to take responsibility for protecting the personal information of citizens, Canada's federal privacy commissioner said on Thursday.
Snapchat parent Snap Inc on Thursday named McDonald's marketing head Kenny Mitchell as its first chief marketing officer, as the company seeks to attract new users to its platform.
A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday.
Cryptocurrency dealer Genesis Global Trading said on Thursday it loaned digital assets valued at $1.53 billion to institutional borrowers in the year since it launched its lending business in March 2018, an indication of demand for the emerging lending market for cryptocurrencies.
From the 12th floor of Jenoptik's headquarters, chief executive Stefan Traeger points to his laser factory and the university that provides it with talent. Welcome to "Optics Valley" - a role model for Germany's East in a big year for the region.
Britain's government has launched a leak inquiry over the disclosure of confidential discussions about the role of China's Huawei Technologies in 5G network supply chains, according to the PoliticsHome website.
Investors are demanding a record risk premium for holding Tesla Inc's $1.8 billion junk bond after the electric car maker posted a $700 million first-quarter loss and signaled it may be in the market for more capital soon.
British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation over the "unacceptable" disclosure of confidential discussions on the role of China's Huawei Technologies in 5G network supply chains.
Verizon Communications Inc started taking preorders for Samsung's first 5G smartphone in the United States on Thursday, and said it would launch the high-speed wireless service in 20 more cities after Chicago and Minneapolis.
The leak of details from a National Security Council meeting on allowing Huawei Technologies a restricted role in building parts of Britain's 5G network is being taken very seriously, Prime Minister Theresa May's deputy said.
Japan's Nintendo Co Ltd cautioned it will take time for the launch of its Switch console in China and dampened speculation about introducing a low-cost version of the device.
German automaker Volkswagen AG's joint venture with China's Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.8 million) in a new electric car factory in eastern Hefei city, according to local authorities.
Finland's Nokia plunged to a surprise quarterly loss after it failed to supply 5G telecoms equipment in time, and said the security dispute surrounding rival Huawei was creating pressure to invest as customers reassess their suppliers.
German payments company Wirecard sought on Thursday to refocus on growth after securing audit approval of annual results which had been delayed by allegations of fraud and false accounting at its Singapore office.
British Prime Minister Theresa May is clear the protection of information on national security matters is of the highest importance, her spokesman said on Thursday.
British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation over the "unacceptable" disclosure of confidential discussions on the role of China's Huawei Technologies in 5G network supply chains.
Uber resumed operations in Slovakia's capital Bratislava on Thursday, a year after a court ban, the ride-hailing company said.
The British government's review of the 5G supply chain will report its conclusions once ministers have made a decision but National Security Council conversations should be confidential, culture minister Jeremy Wright said on Thursday.
German automaker Volkswagen AG's joint venture with China's Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities.
Britain will not consider high risk equipment vendors in security critical parts of its next-generation 5G networks, Cabinet Office minister David Lidington said on Thursday.
A SoftBank Corp subsidiary said on Wednesday it had invested $125 million in an Alphabet Inc company that is working to fly cellphone antennas high in the atmosphere to provide internet in areas that are difficult to reach.
Finnish telecom network equipment maker Nokia plunged to a surprise quarterly loss due to a delay in booking 5G payments and said on Thursday the security dispute surrounding rival Huawei was creating near-term pressure to invest.
Music streaming service Spotify Technology SA said it will remove all songs belonging to one of India's oldest record labels from its app after they failed to agree on licensing terms, months after the Swedish company's launch in the country.
Japanese online fashion retailer Zozo Inc said it expects its profit to recover in the current fiscal year, after booking its first-ever annual drop in earnings on a failed experiment with bespoke tailoring and clashes with fashion brands.
Finnish telecom network equipment maker Nokia reported a surprise quarterly loss on Thursday, citing hard competition in its core networks business.
Panasonic Corp may upgrade one of its battery plants in Japan to produce advanced-format battery cells for Tesla Inc if needed by the U.S. electric vehicle (EV) maker, a person familiar with the matter told Reuters on Thursday.
A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet in underserved areas said on Wednesday it was investing $125 million in an Alphabet Inc spinoff working on the same problem.
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.
