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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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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

Mellanox shares jump 11 percent after Starboard stake purchase

JERUSALEM Israeli chip maker Mellanox Technologies saw its shares surge on the Nasdaq on Tuesday after activist hedge fund Starboard Value LP bought a 10.7 percent stake to influence strategy.

11:29am EST

Just one password? Swiss groups plan single online identity

ZURICH Swiss consumers will be able to use a single digital identity to buy online products and services under a project unveiled on Tuesday by nine big companies.

12:34pm EST