Backpage.com co-founder likely to be released on Friday: attorney

PHOENIX (Reuters) - A co-founder of Backpage.com charged with knowingly facilitating prostitution and money laundering will likely be released from federal detention later this week after posting $1 million bond, his attorney said on Wednesday.

Facebook's Zuckerberg unscathed by congressional grilling, stock rises

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg fielded 10 hours of questions over two days from nearly 100 U.S. lawmakers and emerged largely unscathed and considerably richer.

Zuckerberg tangles with Congress on control of Facebook data

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Wednesday sparred with lawmakers over how much control users of the world's largest social media network have over their data in a sometimes fractious five-hour hearing.

SoftBank CEO running out of time to clinch Sprint-T-Mobile merger

(Reuters) - SoftBank Group Corp CEO Masayoshi Son faces a closing window of opportunity to merge the Japanese company's debt-laden U.S. wireless subsidiary Sprint Corp with Deutsche Telekom's U.S. wireless unit, T-Mobile U.S. Inc.

Instagram to allow users to download their data

(Reuters) - Facebook Inc's Instagram will soon allow its users to download a copy of all the content they have uploaded on the photo-sharing platform, a spokesman said on Wednesday.

Uber wants to do it all: ride-share, car-share, train tickets

WASHINGTON (Reuters) - Uber Technologies Inc [UBER.UL] is looking to be virtually a one-stop transportation shopping app, saying on Wednesday it will add new services, including car-sharing and train tickets.

Exclusive: Tesla targets November 2019 for start of Model Y production - sources

SAN FRANCISCO (Reuters) - Tesla Inc is targeting November 2019 as the start of production for its Model Y sport utility vehicle, with production in China to begin two years later, two sources told Reuters this week, shedding some light on the electric vehicle maker's next project that could tax its ...

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When Identity Thieves Hack Your Accountant

The Internal Revenue Service has been urging tax preparation firms to step up their cybersecurity efforts this year, warning that identity thieves and hackers increasingly are targeting certified public accountants (CPAs) in a bid to siphon oodles of sensitive personal and financial data on taxpayer...

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Apple Music appoints new head, hits 48 million subscribers

(Reuters) - Apple Inc on Wednesday appointed a new executive to oversee its Apple Music streaming business and hit 48 million subscribers, the company said.

Uber still believes autonomous vehicles have a future, says CEO

WASHINGTON (Reuters) - Uber Chief Executive Dara Khosrowshahi said on Wednesday that the ride-sharing company still believes in the prospects for autonomous transport after one of its self-driving vehicles was involved in a fatal crash in Arizona last month.

Uber CEO says company still believes in future of autonomous vehicles

WASHINGTON (Reuters) - Uber Chief Executive Dara Khosrowshahi said Wednesday the ride-sharing company still believes in the prospects for autonomous vehicles after a company vehicle was involved in a fatal self-driving crash in Arizona last month.

Uber to add more transportation options in its app

(Reuters) - Uber Technologies Inc [UBER.UL] said on Wednesday it is planning to offer more modes of transportation for riders through its app, giving people more ways to get around in cities.

Facebook CEO says his own data was shared by Cambridge Analytica

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political consultancy Cambridge Analytica.

Facebook CEO starts second day of U.S. congressional hearings

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg started a second day of testimony on Capitol Hill on Wednesday, facing more questions from lawmakers about data privacy at the world's largest social media network.

Vietnam calls for tougher measures on cryptocurrency deals amid alleged scam

HANOI (Reuters) - Vietnam on Wednesday urged greater vigilance against cryptocurrency transactions and investments, as officials in its economic hub asked police to investigate what could prove to be the country's largest cryptocurrency fraud.

XPO software offers shippers real-time cargo tracking

SEATTLE (Reuters) - XPO Logistics Inc unveiled software on Wednesday that allows merchants to track truck and rail cargo in real-time nationwide, technology the third-largest publicly traded U.S. logistics firm hopes will help reduce bottlenecks at its warehouses.

Second day of U.S. congressional hearings awaits Facebook CEO Zuckerberg

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg returns to Capitol Hill on Wednesday for more questioning by lawmakers who have a rare chance to air grievances about the company directly to the head of the world's largest social media network.

Bad humour: China watchdog shuts Toutiao joke app over vulgar content

BEIJING/SHANGHAI (Reuters) - In China, a platform for risqué jokes is no laughing matter.

Zuckerberg resists effort by U.S. senators to commit him to regulation

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Tuesday navigated through the first of two U.S. congressional hearings without making any further promises to support new legislation or change how the social network does business.

Zuckerberg resists effort by senators to commit him to regulation

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Tuesday navigated through the first of two U.S. congressional hearings without making any further promises to support new legislation or change how the social network does business.

Adobe, Microsoft Push Critical Security Fixes

Adobe and Microsoft each released critical fixes for their products today, a.k.a “Patch Tuesday,” the second Tuesday of every month. Adobe updated its Flash Player program to resolve a half dozen critical security holes. Microsoft issued updates to correct at least 65 security vulnerabil...

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Facebook shares rise sharply as Zuckerberg deters regulation talk

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc shares posted their biggest daily gain in nearly two years on Tuesday as Chief Executive Mark Zuckerberg fended off questions from U.S. senators on how the world's largest social network might be regulated more closely.

Dubai's Alibabacoin says Alibaba has no monopoly on 'magic' name

NEW YORK (Reuters) - The Dubai-based cryptocurrency firm Alibabacoin Foundation on Tuesday said Alibaba Group Holding Ltd cannot monopolize the "magical" Alibaba name, and asked a U.S. judge to dismiss the Chinese e-commerce retailer's trademark lawsuit.

Facebook shares rise as U.S. senators question Zuckerberg

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc shares rose on Tuesday to their highest in almost three weeks as Chief Executive Mark Zuckerberg fended off questions from U.S. senators on how the social network handles user data and plans to counter attempts at interfering in U.S. elections.

Telefonica Brasil to expand ultra-fast broadband to 20 new cities

SAO PAULO (Reuters) - Telefonica Brasil SA will expand ultra-fast fiber-to-the-home (FTTH) broadband service to more than 20 new cities in 2018 as Brazil's largest telecommunications firm eyes ambitious growth among wealthier clients, a top executive told Reuters.

Google in talks to buy Nokia's airplane broadband business: Bloomberg

(Reuters) - Alphabet Inc's Google is in talks to buy Nokia Oyj's airplane broadband business, Bloomberg reported on Tuesday, citing people familiar with the matter.

China's Ant ups fundraising target, valuation could hit $150 billion: sources

(Reuters) - China's Ant Financial Services Group is in talks with investors to raise at least $8 billion in its next planned round of funding, potentially valuing the company at about $150 billion ahead of an expected stock market floatation, people with knowledge of the plan said.

CEO Zuckerberg says Facebook going through 'philosophical shift'

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg told U.S. senators on Tuesday that the company was attempting to change in light of recent criticism, as he attempted to forestall any strict legislation aimed at the world's largest social network.

Facebook CEO Zuckerberg starts testifying in Senate hearing

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg started testifying before Congress on Tuesday as he looks to fend off the possibility of new regulations as a result of the privacy scandal engulfing his social network.

Senate plans future hearing on Cambridge Analytica, other firms

WASHINGTON (Reuters) - The U.S. Senate Commerce Committee plans to hold a future hearing on Cambridge Analytica and other companies that may have improperly obtained Facebook Inc user data, the chairman of the panel said on Tuesday.