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FCC chief plans to ditch U.S. 'net neutrality' rules

WASHINGTON The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape.

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EU states resist move on digital tax for tech giants: drafts

BRUSSELS Some European Union members are resisting EU plans to raise the tax bill of tech multinationals, EU draft documents seen by Reuters show, in moves that are likely to cause a public outcry after several disclosures of corporate tax avoidance schemes.

1:59pm EST

Ireland promises progress in Apple tax recovery in coming weeks

DUBLIN Ireland expects to make progress in recovering up to 13 billion euros ($15 billion) in disputed taxes from Apple Inc in the coming weeks, its prime minister said on Tuesday, following EU criticism that Dublin was moving too slowly.

Ireland 12:16pm EST

Tencent's stellar share rally sees it surpass Facebook in market value

HONG KONG Tencent Holdings Ltd has racked up some impressive gains this week - becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook to be the world's fifth-most valuable company. | Video

China, Facebook 8:20am EST

China clamps down on micro-loan market; U.S.-listed shares plunge

BEIJING China's financial regulators on Tuesday took steps to clamp down on the fast-growing market for web-based micro-lenders, a credit sector Beijing has grown increasing worried about, sending shares of U.S.-listed shares of Chinese financial firms into a tailspin.

China 12:30pm EST

Facebook to meet Russian regulators to discuss compliance: TASS

MOSCOW Facebook plan to meet Russian regulators in late December or early January to discuss compliance, TASS news agency cited the head of Russian communications watchdog Roskomnadzor as saying on Tuesday.

Facebook 8:53am EST