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Internet News Headlines

Elliott takes stake in Akamai Tech, says shares undervalued

Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet.

Senate Democrats to force vote on FCC net neutrality repeal

The top U.S. Senate Democrat said on Friday he would force a vote on the Federal Communications Commission's decision to repeal landmark net neutrality rules, but the move was unlikely to block a ruling that could reshape the digital landscape.

Facebook defends itself against critics of social media

Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.


Final Republican tax bill slashes U.S. corporate rate, voting next week

WASHINGTON Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up crucial support from two wavering senators ahead of planned votes by lawmakers early next week.