TECHNOLOGY

President Donald Trump has threatened to ban the short-video app TikTok and messaging service WeChat by late September on grounds that the Chinese-owned apps pose a national security threat. It would mark the first time the United States has attempted to shut down widely used mobile internet apps.

Three Democratic members of the U.S. House of Representatives on Tuesday urged Facebook Inc to enact the policy recommendations of the company's oversight board, empowering the independent group of advisers, which the lawmakers said have limited responsibilities.

Twitter Inc on Tuesday rolled out a moderation feature that would allow its users to limit how many people can reply to their tweets, giving account-holders more control over conversations on their page.

Japanese industrial conglomerate Toshiba Corp reported on Wednesday its first quarterly operating loss in nearly four years as the coronavirus pandemic hit demand for its electronic devices, copiers and chip-making equipment.

Facebook Inc said on Tuesday it removed 7 million posts in the second quarter for sharing false information about the novel coronavirus, including content that promoted fake preventative measures and exaggerated cures.

Tesla Inc on Tuesday announced a five-for-one stock split, sending the electric carmaker's recently high-flying shares up 7% in extended trade.

Home rental startup Airbnb said on Wednesday it supported the development of a digital services tax regime being discussed by the Organisation for Economic Co-operation and Development (OECD) to bridge a divide between the United States and Europe.

A U.S. appeals court on Tuesday reversed a lower court ruling against chip supplier Qualcomm Inc in an antitrust lawsuit brought by the Federal Trade Commission.

SoftBank Group Corp broke with tradition on Tuesday and declined to disclose operating profit in its quarterly results, saying the measure was "not useful" to gauge performance, and instead pointed to a $2.8 billion gain at its Vision Fund.