Judge lets Facebook privacy class action proceed, calls company's views 'so wrong'

A federal judge on Monday ordered Facebook Inc to face most of a nationwide lawsuit seeking damages for letting third parties such as Cambridge Analytica access users' private data, calling the social media company's views on privacy "so wrong."

U.S. states launch antitrust probe of Google, advertising in focus

Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico formally opened an antitrust probe on Monday into Alphabet's Google , in a sign of growing government scrutiny of U.S. technology giants.

Shopify to buy warehouse technology provider for $450 million

Shopify Inc said on Monday it would buy warehouse technology provider 6 River Systems Inc for about $450 million, as it looks to accelerate growth of its fulfillment network.

Mexico eyes sales tax on digital businesses to boost revenue

Mexico is in talks to extend a sales tax to foreign online businesses so that they pay their fair share to Latin America's second biggest economy, the government said on Monday, in a move that could affect companies like Amazon.com Inc, Uber Technologies Inc and Airbnb Inc.

U.S. tech firms tell Congress: Pass U.S.-Mexico-Canada trade pact now

Eleven trade groups on Monday urged U.S. lawmakers to pass the U.S.-Mexico-Canada trade agreement as soon as possible but warned Congress not to let the Trump administration change the thresholds for duty-free shipments into the United States.

U.S. states launch antitrust probe of big tech; Google ads in focus

Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico have opened an antitrust probe into big tech companies that focuses on Alphabet's Google , Texas Attorney General Ken Paxton formally announced on Monday.

Microsoft's LinkedIn loses appeal over access to user profiles

A federal appeals court on Monday rejected LinkedIn's effort to stop a San Francisco company from using information that users of the professional networking website have deemed public.

Facebook, Instagram close accounts of Italian neo-fascist groups

Facebook and Instagram on Monday blocked the social media accounts of two Italian neo-fascist groups and some of their activists because they had violated the platforms' policies against spreading hate, Facebook said.

Apple alters search algorithms to deliver fewer of its own apps: NYT

Apple Inc, following antitrust scrutiny in Europe and the United States, has altered the search algorithm for its App Store so that the company's own apps do not dominate the top positions, the New York Times reported on Monday.

Apple may spark upgrade rush with new iPhones, tight pricing

Apple Inc could sell as many as 200 million of its latest iPhones from existing users upgrading their older devices and much of that demand will come from China despite an ongoing trade war, several Wall Street analysts said on Monday.

Factbox: Big Tech faces growing number of federal, state probes

Several U.S. state attorneys general are set to launch antitrust probes of large technology companies such as Alphabet's Google and Facebook amid concerns that the companies have too much power and are harming users and stifling competition.

Elliott Management calls for AT&T shake-up as Trump piles on

Activist investor Elliott Management Corp on Monday unveiled a $3.2 billion stake in AT&T Inc and urged the sprawling U.S. telecommunications and media conglomerate to end its acquisition spree and focus on improving its business.

Dutch 'Big Brother' creator seeks court judgment over fake bitcoin ads on Facebook

Dutch billionaire John de Mol on Monday said he would ask a court to rule in the case he filed against Facebook Inc earlier this year over fake bitcoin ads.

Explainer: Big tech probes could break up firms, result in huge fines, or neither

The potential penalties for several wide-ranging investigations into whether Facebook, Google and other big U.S. tech companies used their market power unfairly include everything from breaking up the companies, to large fines and forcing them to create more competition.

Elliott questions AT&T's Time Warner purchase, calls for asset sales

Activist investor Elliott Management Corp on Monday questioned AT&T Inc's $85 billion takeover of Time Warner and called for the wireless carrier to sell non-core businesses to boost its stock price, driving its shares their highest in a year.

Trump calls activist shareholder moves on AT&T 'great news'

U.S. President Donald Trump on Monday weighed in on activist investor Elliott Management Corp's moves targeting AT&T Inc , calling the hedge fund's actions "great news" and repeating his criticism of the wireless carrier's CNN news division.

Mexico in talks with digital platforms about taxes: minister

Mexican Finance Minister Arturo Herrera said on Monday that his government is in talks with digital platforms about taxes, aiming to ensure that all corporations pay their share.

Portuguese police bust darknet-based counterfeit cash network

Portugal has broken up a counterfeit money ring that used dark websites to sell fake banknotes in exchange for virtual currency, arresting five people including the suspected kingpin who was extradited from Colombia, police said on Monday.

Elliott urges AT&T to sell assets, questions Time Warner deal

AT&T Inc shareholder Elliott Management Corp on Monday called for the wireless carrier to sell some of its non-core businesses and cut costs in an effort to return more value to shareholders, sending its shares up 10%.

China Telecom, Unicom will team up to build 5G network

Two of China's big three state telecom companies, China Telecom and China Unicom, are working together to build a 5G mobile network in a cost-cutting venture that could crimp orders for vendors such as Huawei Technologies.

Huawei feels no big impact from Czech, Polish security fears

Security concerns in Poland and the Czech Republic over telecoms equipment made by Huawei Technologies have not had a significant business impact despite creating uncertainty, a deputy head of central Europe and the Nordics said.

Shareholder Elliott urges restructuring at AT&T

AT&T Inc shareholder Elliott Management Corp on Monday called the wireless carrier "deeply undervalued" and urged it to restructure its business, including cutting costs in units, to increase shareholder value.

Thailand's Central, China's JD.com launch financial services app Dolfin

Thailand's largest retailer, Central Group, and China's JD.com on Monday launched an financial services app to expand services with local banks in the latest move by the mall operator to increase its digital presence.

U.S. states kick off antitrust probe expected to focus on Google

Texas Attorney General Ken Paxton on Monday will detail a multi-state antitrust probe of potentially anticompetitive practices at major U.S. technology companies, which is expected to focus on Alphabet's Google.

Uber Eats to pull out of South Korea amid tough competition

Uber Technologies Inc's restaurant delivery business will terminate its service in South Korea, Uber Eats said on Monday.

Alibaba set for 'big challenge' as flamboyant chairman Ma departs

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply.

Google, Facebook rebuff Russia over political advertising accusation

Google said on Monday that it supported responsible political advertising that complies with local legislation, after Russia accused it of circulating such advertising during local elections at the weekend.

Facebook denies it is to blame after Russian political advertising accusation

Facebook said on Monday that advertisers, not it, were responsible for complying with local election laws after Russia accused the tech giant of allowing political advertising during regional elections the previous day.

Google rebuffs Russia over political advertising accusation

Google said on Monday it supported responsible political advertising that complied with local legislation, after Russia accused it of allowing such advertising during regional elections the previous day despite being asked to remove it.

Apple, Foxconn say they overly relied on temporary workers in China

Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management leveled by a non-profit monitor of worker rights, though confirmed they employed too many temporary workers.