TECHNOLOGY

Facebook is donating 4.5 million pounds ($5.8 million) to train journalists in Britain to support communities that have lost local newspapers and reporters, in no little part due to ad revenue and readers switching online to the social media giant.

Uber Technologies [UBER.UL] has resumed services in Abu Dhabi, the U.S. ride-hailing company said in a statement on Monday, after a more than two-year suspension.

Chinese smartphone maker Xiaomi Inc said on Monday it swung to a net profit in the third quarter, beating analyst estimates, driven by robust sales in India and Europe.

China's JD.com Inc reported third-quarter revenue on Monday that fell short of analysts' estimates on sluggish sales in its core e-commerce business. Revenue was 104.8 billion yuan ($15.09 billion) for the quarter ended Sept. 30, compared with an average estimate of 106.2 billion yuan from 22 analysts, according to IBES data from Refinitiv.

Luigi Gubitosi's appointment as Telecom Italia's new chief executive lifted shares more than 4 percent on Monday as investors bet the veteran Italian manager could push through an aggressive shake-up of Italy's biggest phone group.

Southeast Asia's internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online.

Kenyan tech start-up Sendy, which operates an app linking delivery drivers with customers, is embarking on a second round of fundraising to expand in East Africa, its chief operating officer said on Monday.

Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.

The U.S. Securities and Exchange Commission settled charges on Friday with two technology companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors.