Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday.

Facebook Inc confirmed on Wednesday it will pay $5 billion to resolve a Federal Trade Commission investigation of its privacy practices and said it was ending access to friend data by Microsoft Corp and Sony Corp as a first step under the settlement.

Japan's plan to drop South Korea from its "white list" of nations with minimum trade curbs will probably hit 630 billion yen ($5.8 billion) in annual exports of microchip-making gear to its neighbor, a Japanese lawmaker said on Wednesday.

Facebook Inc agreed to pay a $100 million fine to settle charges by the U.S. Securities and Exchange Commission that it misled investors for more than two years about the misuse of its users' data, the regulator said on Wednesday.

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday.

U.S. Treasury Secretary Steven Mnuchin said in a television interview that Facebook must satisfy regulatory concerns before it launches Libra, its planned cryptocurrency.

Ride hailing company Uber Technologies Inc and Bengaluru-based start-up Sun Mobility said on Wednesday they will partner to offer commuters in India electric auto-rickshaws in the coming months, amid a push by policymakers to encourage the use of cleaner fuels.

AT&T Inc on Wednesday beat Wall Street estimates for net wireless subscribers who pay a monthly bill as it ground out some growth in a saturated market and continued to bundle media content from Time Warner into new wireless plans.

Wix.com, which helps small businesses build and operate websites, reported higher than expected profit in the second quarter and raised its revenue forecast for 2019 amid solid sales growth from a host of new products.

German blue-chip companies BASF, Siemens, Henkel along with a host of others said on Wednesday they had been victims of cyber attacks, confirming a German media report which said the likely culprit was a state-backed Chinese group.

South Korea protested on Wednesday against a Japanese plan to remove it from a list of countries that face minimum trade restrictions, saying it would undermine their decades-old economic and security cooperation and threaten free trade.

United Arab Emirates telecoms company du has discussed U.S. restrictions on Huawei with the Chinese company and believes they will not hamper its 5G network, its chief executive said on Wednesday.

Police investigating Bulgaria's biggest-ever data breach have detained a manager of a cybersecurity company, raided its offices and seized computers, they said on Wednesday.

U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market.

Caught between a Sino-U.S. trade war, political concerns over Chinese telecoms firm Huawei and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs, firms told Reuters.

Cardiff-based IQE Plc said on Wednesday it had started initial production for a second major customer at its recently constructed Newport factory, with more contracts in the pipeline as it seeks to reassure investors about the impact of global trade restrictions on its business.

China's ByteDance is venturing into artificial-intelligence (AI) generated music, hiring the staff of a London-based start-up after buying some of its intellectual property assets, according to LinkedIn posts and a person with knowledge of the matter.

Wix.com, which helps small businesses build and operate websites, reported higher profit in the second quarter and raised its revenue forecast for 2019.

South Korea protested on Wednesday against a Japanese plan to remove it from a Japanese list of countries that face minimum trade restrictions, saying it would undermine their decades-old economic and security cooperation and threaten free trade.

U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market.

South Korea said on Wednesday a Japanese plan to remove South Korea from a Japanese list of countries that face minimum trade restrictions would undermine their decades-old economic and security cooperation and threaten free trade.

Texas Instruments Inc provided some relief that a global slowdown in microchip demand would not be as long as feared, posting quarterly profit and revenue that beat Wall Street estimates on Tuesday.

United Parcel Service Inc next year will join rival FedEx Corp in adding Sunday delivery services, efforts viewed as bids to fend off customer-turned-competitor Amazon.com Inc .

Snap Inc's Snapchat on Tuesday beat analysts' estimates for user growth and revenue, getting a boost from a better version of its Android app and the launch of new augmented reality photo lenses.

The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign the Trump administration is stepping up its scrutiny of Big Tech.

Facebook Inc's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday, noting it wants more details to help define its oversight role over the U.S. social media company's proposed digital currency.

The U.S. Justice Department said on Tuesday it was opening an investigation of major digital tech firms on whether they engage in anticompetitive practices.

The U.S. Justice Department said on Tuesday it was opening an antitrust investigation of major digital tech firms and whether they engage in anticompetitive practices.

The U.S. Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, the Wall Street Journal reported on Tuesday, citing department officials.

United Parcel Service Inc , the world's largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business.