Facebook warns of costly privacy changes, discloses another U.S. probe
Facebook Inc said on Wednesday that new data privacy rules and forthcoming privacy-focused product changes would slow its revenue growth and significantly raise expenses, driving...
Robinhood reveals error that left user passwords exposed
Commission-free stock trading startup Robinhood instructed some users to change their passwords on Wednesday, after discovering a logging error that left some customer credentials vulnerable,...
Canada invests C$85 million in satellite company to narrow broadband gap for remote areas
The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based satellite company as part of an effort to provide...
Treasury’s Mnuchin says Amazon ‘destroyed’ U.S. retail sector
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc “destroyed the retail industry across the United States.”...
Facebook revenue beats estimates, discloses U.S. FTC antitrust probe
Facebook Inc beat analysts’ estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle...
Tesla second-quarter revenue misses, shares tumble 11%
Tesla Inc on Wednesday reported lower-than-expected revenue and a fall in gross margins for the second quarter, sending its shares down nearly 11% in extended...
Canada invests C$85 million in satellite firm to boost broadband gap
The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based satellite company as part of an effort to narrow...
Facebook discloses antitrust probe; revenue beats estimates
Facebook Inc said on Wednesday that the U.S. Federal Trade Commission had opened an antitrust probe into the world’s largest social network in June, adding...
Two charged with terrorism over Bulgaria’s biggest data breach: lawyer
Prosecutors have charged two workers at a cyber security company with terrorism as part of an investigation into Bulgaria’s biggest-ever data breach, a lawyer for...
Low-carbon, sustainable Cork House up for architecture award
Architects in England have created a house made almost entirely of cork which can be part-assembled by hand and recycled at the end of its...