Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, citing a source.

British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei.

Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker's market valuation back toward $1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhone sales.

Wearable device maker Fitbit Inc reported better-than expected first-quarter results and reaffirmed its full-year revenue forecast on Wednesday, as it sells more smartwatches and wearable devices that track health at affordable prices.

Qualcomm Inc shares fell about 2% on Wednesday as investors got their first look at the bottom line impact of a patent fight settlement with Apple Inc.

Zynga Inc on Wednesday forecast bookings above Wall Street expectations after beating first-quarter estimates, powered by demand for its games such as "CSR Racing 2", as well as acquired franchises like "Empires & Puzzles".

Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities.

Zynga Inc on Wednesday forecast bookings well above Wall Street expectations after beating first-quarter estimates, powered by demand for its games such as "CSR Racing 2", as well as acquired franchises like "Empires & Puzzles".

British Prime Minister Theresa May fired her defense minister on Wednesday over a leak of discussions in the National Security Council about Chinese telecoms company Huawei, the latest of her allies to be ousted from government.

Fired by British Prime Minister Theresa May as defense secretary on Wednesday, Gavin Williamson denied leaking information about Chinese telecoms company Huawei from her National Security Council.

British Prime Minister Theresa May fired her defence secretary, Gavin Williamson, on Wednesday, saying an investigation suggested he was to blame for leaking discussions about Chinese telecoms company Huawei from her National Security Council.

Britain's government said on Wednesday Penny Mordaunt had been named defense secretary to replace Gavin Williamson, who was sacked over the leak of information about Chinese telecoms company Huawei.

Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.

British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei.

Prime Minister Theresa May said on Wednesday her government wanted to ensure any development of Britain's telecoms networks would help build their resilience and improve cyber security.

Apple Inc shares rose almost 5 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.

E-commerce giant Amazon has reached out to Israeli retailers to enable them to sell directly to customers in Israel using its online platform.

Alphabet Inc's Google, the largest U.S. digital advertising platform, is facing increased competition from sites where people purchase products and places thought to be safe from potentially offensive content, advertising buyers say.

Hulu on Wednesday said it has reached 26.8 million paid subscribers, a milestone that suggested rapid growth in the first four months of the year.

Comcast Corp unit Sky said on Wednesday it has adopted a new tool to improve audience data for its advertisers, as Comcast looks to expand its reach following its $40 billion acquisition of the UK pay-TV provider.

Fnatic, the London-based global esports team owner, has raised $19 million in new funding and restructured its leadership as it plans a major expansion, the company said on Wednesday.

As Amazon.com Inc targets traditional brokerages that match shippers with truckers, it's also battling a bevy of startups - including Uber Freight and a company funded by the e-commerce giant's founder Jeff Bezos.

A U.S. Securities and Exchange commissioner on Tuesday criticized a settlement between the regulator and Tesla Inc CEO Elon Musk over his use of Twitter.

Far from being a Netflix Inc killer, Apple Inc envisions its forthcoming Apple TV+ streaming service as one that could sit alongside other services that viewers buy, Apple Chief Executive Tim Cook said on Tuesday.

Apple Inc said sales in China were stabilizing and touted how increasing demand for services and accessories such as Apple Music and the Apple Watch helped offset a record drop in iPhone revenue.

A federal judge on Tuesday approved a deal struck between Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission over Musk's use of Twitter, a court filing showed.

Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past scandals while tapping new revenue sources.

Cyber security company FireEye Inc on Tuesday forecast second-quarter revenue and billings largely below Wall Street expectations as it expects to close fewer large deals than it did a year ago, sending its shares down 5 percent in after-hours trading.

Akamai Technologies Inc beat analysts' estimates for first-quarter revenue and profit on Tuesday, and raised its forecast for the full-year, as it sees more demand for its cybersecurity services and traditional business of helping speed up content delivery on the web.

China's Huawei Technologies Co Ltd on Tuesday launched two high-end smartphone handsets in Brazil, making its second attempt to penetrate the world's fourth-largest smartphone market, broadening its footprint in Latin America.