Fed to hold Facebook’s crypto coin to ‘high’ bar: Powell
The U.S. Federal Reserve is looking carefully at Facebook’s planned cryptocurrency Libra, and will hold it to high standards regarding protecting consumers and regulation, Federal...
Chinese electric car maker BYD opens first plant in Canada
Chinese electric vehicle maker BYD Co Ltd said on Tuesday it had opened its first plant in Canada to assemble buses for the Toronto Transit...
Hyundai dealers to offer customers Lyft rides through CDK app
Hyundai dealers in the United States will offer Lyft Inc rides to customers getting their vehicles serviced at dealerships, the companies said on Tuesday, the...
Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges,...
Telecom Italia studies fiber-only option for broadband merger: sources
Telecom Italia (TIM) is considering an option to merge its optic-fiber broadband unit, Flash Fiber, with rival Open Fiber as it looks for ways to...
Dutch investigate KPN network outage, company blames software bug
The Dutch government launched an inquiry on Tuesday into a nationwide network outage at telecoms company KPN that knocked out emergency service numbers for nearly...
Dutch investigate KPN emergency service network outage
The Netherlands launched an inquiry on Tuesday into a nationwide network outage at telecoms company KPN that knocked out emergency service numbers for nearly four...
India warns foreign e-commerce firms like Amazon, Flipkart over discounts-sources
India has told foreign e-commerce firms such as Amazon and Walmart’s Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring...
UK watchdog wants more detail on Facebook’s Libra coin plan
There was “insufficient” detail to understand Facebook’s plans to expand into payments and launch its own Libra coin, Britain’s Financial Conduct Authority (FCA) said on...
European watchdogs demand detail on Facebook’s cryptocurrency
Facebook’s fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant’s Libra project....