A U.S. Senate hearing to reform an internet law and hold tech companies accountable for how they moderate content quickly turned into a political scuffle as lawmakers not only went after the companies but also attacked each other.
Alphabet Inc unit Google has launched a 60-day strategy to counter the European Union's push for tough new tech rules by getting U.S. allies to push back against the EU's digital chief and spelling out the costs of new regulations, according to a Google internal document.
SoftBank Group CEO Masayoshi Son told the executive he tasked to turn around WeWork after its botched initial public offering to "use whatever excuse" to delay a $3 billion payout to the office-sharing startup's shareholders, a court transcript released on Wednesday showed.
EBay Inc's quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVID-19 pandemic took to online shopping.
Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday that a warning from the FBI on hack-and-leak operations before the Nov. 3 presidential election played a role in its decision to limit the reach of stories from the New York Post that made claims about Democratic presidential candidate Joe Biden's son.
Image-sharing company Pinterest Inc beat Wall Street estimates for third-quarter revenue on Wednesday, helped by a rebound in spending on advertisement by businesses after a deep slump in the early months of the COVID-19 pandemic.
Amazon.com Inc on Thursday will announce its latest financial results, and Wall Street wants to know if it can keep up with shoppers' heightened demand during the coronavirus pandemic.
Two key U.S. House Democratic lawmakers on Wednesday asked Federal Communications Commission Chairman Ajit Pai if the White House was involved in his decision to move forward with new regulations limiting key social media legal protections.
The European Union's plan to rein in U.S. tech giants with new rules could cost the 27-country bloc as much as 85 billion euros ($100.5 billion) in economic growth, Brussels-based think tank ECIPE warned.
A U.S. appeals court on Wednesday handed a victory to Qualcomm Inc, declining to reconsider an August decision that dismissed the U.S. Federal Trade Commission's antitrust case against the chip designer.