WeWork IPO failure a critical signal for markets: Morgan Stanley

WeWork's failure to go public is a critical turning point for markets that signals the end of "the days of endless capital for unprofitable businesses," Morgan Stanley Equity Strategist Michael Wilson says.

Factbox: Six things Facebook CEO Mark Zuckerberg told staff in leaked audio

Leaked audio of Facebook Inc Chief Executive Mark Zuckerberg addressing questions from staff in two internal July meetings was published on Tuesday by The Verge.

Net neutrality rules could return at state level under mixed U.S. court decision

Net neutrality laws could return at the state level after a U.S. court ruled on Tuesday that the Trump administration cannot block states from passing their own net neutrality laws, but largely upheld the 2017 repeal of landmark rules barring internet service providers from blocking or throttling tr...

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Tesla registers Shanghai construction unit in acceleration of China plans

U.S. electric vehicle maker Tesla Inc has registered a construction company in China, a business registration filing shows, the latest sign Tesla is pushing ahead with its plans in the world's biggest auto market.

Trump, Finnish president to discuss 5G options to Huawei

U.S. President Donald Trump and his Finnish counterpart on Wednesday are expected to discuss ways to improve 5G alternatives to offerings from Chinese telecoms equipment firms like Huawei Technologies Co Ltd [HWT.UL], a senior administration official said.

Facebook's Zuckerberg says Warren as U.S. president would be bad for tech

Facebook Inc Chief Executive Officer Mark Zuckerberg told employees in July that the company would "go to the mat" to defeat Democratic candidate Elizabeth Warren's expected effort to break up the world's largest social media company if she were elected president, according to audio of two internal ...

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Trump, Finnish President to discuss 5G alternatives to China's Huawei like Nokia

United States President Donald Trump and Finnish President Sauli Niinisto on Wednesday will discuss ways to improve 5G alternatives to China's Huawei Technologies and ZTE, such as Finland' Nokia, a senior administration official said.

Zuckerberg says Facebook would defeat break-up effort if Warren elected president

Facebook Inc Chief Executive Officer Mark Zuckerberg told employees in July he expected the company would face an effort to break up the world's largest social media company if Democrat Elizabeth Warren were elected president, according to audio of two internal company meetings from July published b...

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Big drone on campus: UPS gets U.S. government okay for drone airline

United Parcel Service Inc on Tuesday said it won the U.S. government's first full approval to operate a drone airline, which gave it a lead in the nascent U.S. drone delivery business over rivals Amazon.com Inc and Alphabet Inc .

Zuckerberg says breaking up tech firms make election interference more likely: Verge

Facebook Inc's Chief Executive Officer Mark Zuckerberg said that breaking up tech companies would make election interference more likely, according to transcripts of an internal company meeting from July published by The Verge.

Despite third quarter decline, Tesla's Model 3 stays on top in Norway

Tesla Inc's electric Model 3 remained Norway's top-selling car in the third quarter, although its sales declined from earlier in the year, registration data showed on Tuesday.

Switzerland's FINMA boss fears crypto's 'dark corners,' not Libra

Switzerland is more worried about cryptocurrency projects developing outside official scrutiny than about the Facebook-conceived Libra project, which is being handled with openness, the head of Swiss financial supervisor FINMA said on Tuesday.

GoPro seeks holiday season action with two new cameras

GoPro Inc on Tuesday launched two new cameras including a ramped up version of its "HERO" line, as it battles competition from increased smartphone usage ahead of the crucial U.S. holiday sales season.

Despite decline, Tesla's Model 3 clings to top spot in Norway

Tesla Inc's electric Model 3 remained Norway's top-selling vehicle in the third quarter even as sales of the car declined from earlier in the year, registration data showed on Tuesday.

Switzerland's FINMA boss says Facebook's Libra handled transparently

Switzerland is more worried about cryptocurrency projects developing outside official scrutiny than he is about Facebook-conceived Libra, which is being handled transparently, the head of Swiss financial supervisor FINMA said on Tuesday.

Facebook, Google, Amazon face another House inquiry: Bloomberg

Facebook Inc, Amazon.com Inc and Alphabet Inc's Google will face a congressional inquiry on how the big technology companies may be damaging the competitive landscape for small businesses, Bloomberg reported on Tuesday.

Venture capitalists to warn startups of the downside of IPOs in San Francisco meeting

Venture capitalists have invited more than 100 start-ups to a meeting on Tuesday where they hope to convince them to go public through direct stock exchange listings rather than IPOs, which often lower returns for early investors.

Exclusive: Comcast emerges as new Google antitrust foe - sources

Comcast Corp , one of America’s largest media and communications companies, is wading into the epic regulatory pile-on against big tech companies such as Google, according to people familiar with the matter.

Fiscal crises biggest risk to global business, WEF says

The possibility of a fiscal crisis is the biggest risk to doing business globally, according to a survey of World Economic Forum business leaders published on Tuesday, though there were strong regional differences in views of the biggest risk.

TSMC counter-sues U.S. chip rival GlobalFoundries for patent infringement

Apple Inc supplier TSMC has counter-sued smaller contract chipmaking rival GlobalFoundries Inc in the United States, Germany and Singapore, saying the U.S. firm has infringed 25 of its patents.

Masmovil signs 5G agreement with Orange Espagne, hikes EBITDA guidance

Spanish telecommunications company Masmovil said on Tuesday it signed a 5G agreement with Orange Espagne, helping the company hike its EBITDA guidance for three years.

After big deal fails, Malaysia's Axiata seeks small sales

Under pressure to deliver cash to shareholders after a merger with Norway's Telenor collapsed, Malaysia's Axiata has changed tack: It is now in talks to offload stakes in units and will no longer entertain a group-level deal, sources told Reuters.

Deutsche Post plans new investment as ecommerce booms

Deutsche Post DHL set a new target for an operating profit of 5.3 billion euros ($5.77 billion) for 2022 and said it would invest heavily in areas like warehouse automation and analytics as it seeks to keep up with fast-growing ecommerce.

Lawyers for Huawei CFO detail record requests to prove her rights were violated

Lawyers for Huawei Chief Financial Officer Meng Wanzhou detailed a list of emails, notes and other records they are seeking to prove that her rights were violated before her December arrest at Vancouver's airport, according to a court document released on Monday.

SEC fines blockchain company Block.one $24 million over coin offering

Block.one agreed to pay a $24 million civil fine to settle U.S. regulatory charges that the blockchain company conducted an unregistered initial coin offering that raised the equivalent of several billion dollars from June 2017 to June 2018.

WeWork throws in the towel on its ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer.

Lloyd's of London to go electronic to compete with low-cost rivals

The Lloyd's of London Ltd [SOLYD.UL] insurance market is planning to launch two electronic exchanges next year as part of a three-year overhaul, it said on Monday, as it seeks to fend off competition from low-cost rivals.

WeWork throws in the towel on ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup removed founder Adam Neumann as its chief executive officer.

PayPal to enter China market through local acquisition

U.S. digital money transfer platform PayPal Holdings Inc has obtained Beijing's approval to buy a controlling stake in a domestic payments firm, which would make PayPal the first foreign firm to enter China's payment services market.

U.S. online privacy rules unlikely this year, hurting big tech

A U.S. online privacy bill is not likely to come before Congress this year, three sources said, as lawmakers disagree over issues like whether the bill should preempt state rules, forcing companies to deal with much stricter legislation in California that goes into effect on Jan. 1.