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Updated: 44 min 7 sec ago

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

1 hour 26 min ago
Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.

IMF says regulators must address possible risks from Facebook's Libra

1 hour 28 min ago
Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday.

G7 finance chiefs pour cold water on Facebook's digital coin plans

1 hour 39 min ago
Group of Seven finance chiefs cast a cloud over prospects for Facebook's Libra digital coin on Wednesday, insisting tough regulatory problems would have to be worked out first.

Poland proposes tightening 5G security standards

1 hour 40 min ago
Poland has proposed tightening its cyber security standards and could ban certain products or suppliers from key parts of a future 5G network, the country's digital ministry said in a document published on Wednesday.

Huawei says Italy's new 5G powers discriminate against it

2 hours 5 min ago
Chinese telecoms equipment group Huawei Technologies criticised the Italian government's newly beefed-up powers to intervene in the development of fifth-generation (5G) telecom services, saying they discriminated against the company.

German finance minister: Libra cryptocurrency must wait for regulatory clarity

3 hours 4 min ago
Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries.

Amazon under EU antitrust fire over use of merchant data

3 hours 12 min ago
Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants' data, underlining the increasing regulatory scrutiny about how tech companies exploit customers' information.

Spotify launches an in-app Disney Hub to lure more fans

3 hours 17 min ago
Spotify Technology SA said on Wednesday it will devote a prominent spot in its music streaming app to Walt Disney Co's extensive music library with songs like "Let It Go" and "A Whole New World."

ZTE says Italy's new powers to intervene in 5G will delay deployment

4 hours 3 min ago
Chinese telecom equipment firm ZTE Corp warned on Wednesday that the Italian government's newly strengthened power to intervene in the development of fifth-generation telecoms networks may further delay 5G mobile services in the country.

France says Facebook's Libra not yet viable as G7 minister meet

5 hours 2 min ago
France said on Wednesday the conditions were not ripe for Facebook to go ahead with plans for its Libra digital coin, as G7 finance ministers gathered north of Paris on Wednesday for a meeting focused on reining in the powers of big tech giants.

'Wizard' cybersecurity expert charged with record hack of Bulgarian tax agency

5 hours 10 min ago
A 20-year-old Bulgarian cybersecurity worker has been arrested on suspicion of involvement in a hacking attack that stole millions of taxpayers' personal and financial data, officials said on Wednesday.

Facebook to face more scrutiny from Congress on Libra

5 hours 21 min ago
Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.

Amazon appeases German watchdog, but EU opens new probe

5 hours 32 min ago
Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the European Union announced its own investigation of the e-commerce giant.

Amazon in EU antitrust spotlight over use of merchant data

5 hours 37 min ago
Amazon on Wednesday became the target of an antitrust investigation by the European Union over its use of merchants' data, underlining the increasing regulatory scrutiny over how tech companies exploit customers' information.

Conditions not in place for Facebook's Libra to go ahead: France

6 hours 10 min ago
Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday.

Amazon says it will cooperate with EU antitrust regulator probe

6 hours 19 min ago
U.S. online retailer Amazon said on Wednesday that it would cooperate fully with EU antitrust regulators investigating its use of merchants' data.

EU antitrust regulators to investigate Amazon over merchant data

6 hours 31 min ago
EU antitrust regulators will investigate Amazon, the world's largest online retailer, to see if its use of other merchants' data breaches EU antitrust rules, the European Commission said on Wednesday.

Bills targeting China's Huawei introduced in Congress

6 hours 46 min ago
Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump's easing of curbs on the Chinese firm.

Ericsson warns on negative margin impact, shares fall 7%

6 hours 52 min ago
Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year.

Amazon faces EU antitrust probe over use of merchant data: source

7 hours 51 min ago
Amazon, the world's largest online retailer, could face an EU antitrust investigation within days over its use of merchants' data, a person familiar with the matter said on Wednesday.

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