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TECHNOLOGY

Google, Facebook spend big on U.S. lobbying amid policy battles

Alphabet Inc's Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices.

Hedge funds push for overhaul at eBay

Hedge funds Elliott Management and Starboard Value have taken stakes in eBay Inc and are pushing for changes including the sale of some of the e-commerce company's businesses.

Explainer: What happens next in Huawei CFO Meng's case?

The U.S. Justice Department said on Tuesday it will pursue the extradition of Huawei Technologies Co Ltd's [HWT.UL] Chief Financial Officer Meng Wanzhou, arrested in Canada in December on allegations she participated in a conspiracy to defraud banks.

Japan Display shares jump on latest report of rescue

Shares in Japan Display jumped 11 percent on Wednesday after a report said the smartphone screen maker was in talks for funding from Taiwan's TPK Holding Co and China's Silk Road Fund in exchange for a stake of around 30 percent.

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