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Facebook sued by Russian firm linked to woman charged by U.S.
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(Reuters) – A Russian company whose accountant was charged by federal prosecutors for attempting to meddle in U.S. elections sued Facebook Inc (FB.O) on Tuesday, claiming it is a legitimate news outlet and its Facebook account should be restored. FILE PHOTO: A 3D printed Facebook logo is seen in front of a displayed Russian flag […]

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Facebook boots 115 accounts on eve of U.S. election after tip
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SAN FRANCISCO (Reuters) – Facebook Inc blocked about 115 user accounts after U.S. authorities tipped it off to suspicious behavior that may be linked to a foreign entity, the company said in a blog post on Monday, hours before U.S. voters head to the polls. FILE PHOTO: A man is silhouetted against a video screen […]

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Chinese chipmaker's ambitions hit hurdle with U.S. indictment
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HONG KONG/BEIJING (Reuters) – Chinese state-backed semiconductor maker Fujian Jinhua Integrated Circuit Co Ltd billed itself as a national leader in the tech industry. It planned to drive a shift towards locally made chips and end a heavy reliance on imports, especially from the United States. “The era of Chinese chips has arrived,” it said […]

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Social media, tech firms use sites to urge U.S. citizens to vote
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SAN FRANCISCO (Reuters) – Criticized by lawmakers and others for being unable or unwilling to stop false and inflammatory information about divisive political issues, social media and tech companies say they are doing more to boost voter turnout for next Tuesday’s U.S. congressional elections. A 3D printed Facebook logo is seen in front of a […]

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Microsoft overtakes Amazon as second most valuable U.S. company
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SAN FRANCISCO (Reuters) – Microsoft Corp (MSFT.O) regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com (AMZN.O) wiped $65 billion off the online retailer’s market capitalization. A Microsoft store is pictured in New York City, New York, U.S., August 21, 2018. REUTERS/Carlo Allegri Apple Inc […]

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SEC’s focus on U.S. corporate bosses pays off with Musk settlement
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NEW YORK/WASHINGTON (Reuters) – A high-profile settlement with Tesla Inc Chief Executive Elon Musk exemplifies a recent push by the U.S. Securities and Exchange Commission to go after executives and not just their companies, securities law experts said. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC […]

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Google CEO will testify before U.S. House on bias accusations
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WASHINGTON (Reuters) – Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the company is biased against conservatives, a senior Republican said on Friday. Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, […]

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As Tesla shares fall, Amazon takes over as most shorted U.S. stock
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NEW YORK (Reuters) – With Tesla Inc’s (TSLA.O) shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc (AMZN.O), according to data from financial technology and analytics firm S3 Partners. FILE PHOTO: A Tesla logo is seen in Los Angeles, California […]

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U.S. Congress passes bill forcing tech companies to disclose foreign software probes
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WASHINGTON (Reuters) – The U.S. Congress is sending President Donald Trump legislation that would force technology companies to disclose if they allowed countries like China and Russia to examine the inner workings of software sold to the U.S. military. Senator Jeanne Shaheen (D-NH) speaks about U.S. President Donald Trump’s decision not to impose sanctions on […]

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