Explainer: What would it take for U.S. regulators to break up Facebook?

Facebook Inc co-founder and Mark Zuckerberg's former college roommate Chris Hughes urged U.S. regulators to break up the social media company in a New York Times opinion piece on Thursday.

Facebook co-founder calls for company breakup, U.S. lawmakers chime in

Facebook Inc co-founder Chris Hughes on Thursday called for the world's largest social media company to be split in three and said Chief Executive Mark Zuckerberg should be held responsible for privacy lapses.

Binance hackers shift stolen bitcoin, identity still unclear: researchers

Hackers who stole bitcoin worth over $40 million from the major Binance cryptocurrency exchange have moved the tainted coins to a number of digital wallets, researchers said on Thursday, potentially throwing up clues to those behind the heist.

Netflix buys kids show producer StoryBots

Netflix Inc said on Thursday it acquired StoryBots, known for "Ask the StoryBots" series, as it looks to make more shows for children ahead of the launch of Walt Disney Co's streaming service later this year.

U.S. senators say Amazon smart speaker for kids violates privacy law

Four U.S. senators urged the Federal Trade Commission on Thursday to investigate Amazon.com Inc's smart speakers aimed at children, claiming the devices violate a privacy law that protects children.

Facebook's co-founder joins calls to break up the company

Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world's largest social media network in an opinion piece in the New York Times on Thursday.

Twitter suspended 166,153 accounts for terrorism content in second half 2018

Twitter is making headway in tackling online terrorism content on its platform as it suspended over 166,000 accounts in the second half of last year, about a fifth less than in the previous period, the social media company said on Thursday.

Facebook co-founder says it is time to break up the company

Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes has called for the break up of the social network in an opinion piece in the New York Times.

U.S. adults are spending big on video games, playing mostly on smartphones

The average American video gamer is 33 years old, prefers to play on their smartphone and is spending big on content -- 20 percent more than a year ago and 85 percent more than in 2015, a report showed on Thursday.

U.S. campaign against Huawei hits a snag south of the border

After a long push in Mexico, China's Huawei landed a coveted job in 2017: supplying equipment for the country's so-called "red compartida," an ambitious telecommunications network built for carriers delivering the latest generation of technology.

Statkraft to expand electric vehicle charging in Germany and Britain

Norwegian utility Statkraft plans to expand its electric vehicle charging business in Germany and Britain, its chief executive told Reuters on Thursday, and also expects to snap up some more power plants by the end of 2019.

China to bid on D.C. Metro rail deal as national security hawks circle

China's CRRC plans to bid on a big Washington D.C. subway project as it doubles down on a charm campaign in the United States to quash a rising chorus of critics who have cast the rail car maker as a threat to cyber security and U.S. industry.

The answer to Uber's profit challenge? It may lie in its trove of data

Over the past two years, Uber Chief Executive Dara Khosrowshahi has used his peace-making and political skills to settle battles with lawmakers and rivals and endear himself to employees who had suffered through a wretched period of corporate scandal.

Google says Singapore's fake news law could hamper innovation

Google said on Thursday an anti-fake news law passed by Singapore's parliament could stunt innovation, a quality that the city-state wants to nurture under plans to expand its tech industry.

Chinese tech firms' search for growth seen boosting costs in March quarter

Three of China's biggest tech companies are expected to report that they ramped up or broadly maintained their pace of quarterly spending to develop new technology and push into relatively new markets, as current growth drivers stall.

Google says Singapore's fake news law may hurt innovation

Google said on Thursday an anti-fake news law passed by Singapore's parliament could stunt innovation, a quality that the city-state wants to nurture under plans to expand its tech industry.

Toyota, Panasonic to set up company for 'connected' homes

Japan's Toyota Motor Corp and Panasonic Corp said they plan to establish a joint company to develop "connected" services to be used in homes and urban development.

Toyota, Panasonic to set up firm to connect cars, homes: Kyodo

Toyota Motor Corp and Panasonic Corp are set to announce plans to establish a joint company to "connect" cars and homes, Kyodo news reported on Thursday, ahead of a joint news conference by the two companies in Tokyo.

Intel shares drop, three-year outlook seen lagging rivals

Intel Corp shares declined 2.5 percent on Wednesday after executives forecast modest profit growth over the next three years, signaling it is likely to lag big rivals as the once-dominant chipmaker catches up in technology.

Intel shares sink as executives give three-year outlook

Intel Corp shares declined 2.5 percent after executives gave their three-year outlook at an investor day on the company's Santa Clara, California campus.

Lyft shares hit record low, piling pressure on Uber ahead of IPO

Lyft Inc's stock slumped more than 9% on Wednesday to a record low after the ride-hailing company posted a deep quarterly loss, putting pressure on Uber Technologies Inc as it prepares to price its initial public offering.

Intel to launch 7nm chip products in 2021

Intel Corp Chief Executive Officer Bob Swan said on Wednesday the chipmaker would produce and launch its 7 nanometer (nm) chip products in 2021.

Privacy-minded U.S. lawmakers divided over giving more powers to FTC

Democratic and Republican lawmakers both stressed the need for bipartisan privacy legislation on Wednesday but seemed divided on how willing they were to strengthen the Federal Trade Commission, which is expected to be tasked with enforcing an eventual law.

UK says 5G roll out could be delayed by security concerns

The roll-out of 5G networks in Britain could be delayed, Culture Secretary Jeremy Wright said, adding that he would not trade off the economic benefit of using cheap kit with security risk.

Tesla closes $2.7 billion mixed offering of shares, debt

Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production.

Chinese AI start-up Megvii raises $750 million ahead of planned HK IPO

Chinese artificial intelligence (AI) provider Megvii Inc, commonly known as Face++, said on Wednesday it raised $750 million in its latest funding round.

Tencent pulls blockbuster game PUBG in China, launches patriotic alternative

Tencent Holdings Ltd on Wednesday shut down its test version of global blockbuster "PlayerUnknown's Battlegrounds" in China and shifted users to a similar, more patriotic video game which, unlike PUBG, has regulatory approval to generate revenue.

Hackers steal $41 million worth of bitcoin from Binance cryptocurrency exchange

Hackers stole bitcoin worth $41 million from Binance, one of the world's largest cryptocurrency exchanges, the company said on Wednesday, the latest in a string of thefts from cryptocurrency exchanges around the world.

Tencent pulls blockbuster game PUBG in China as regulatory approval proves elusive

Tencent Holdings Ltd said on Wednesday it will stop offering in China its test version of global best-selling video game "PlayerUnknown's Battlegrounds" (PUBG), having waited in vain for over a year to gain regulatory approval to begin sales.

Google plans new browser tools on privacy, ad transparency

Alphabet Inc unit Google in the coming months plans to introduce new internet browser tools to limit how users' web activity is tracked by advertising companies and give them greater insight into why certain ads are shown to them, the company announced in blog posts on Tuesday.