Backers of Facebook's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.
Stories by Reuters
Facebook's ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa Inc quit the group behind the project.
Fintech firm InfiniGold has announced it would launch a digital token backed by gold stored in the vaults of Australia's Perth Mint, one of the world's largest precious metals refiners.
Governments around the world are set to get more power to tax big multinationals like Google, Apple and Facebook under a proposed overhaul of decades-old rules.
Twitter said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.
The US government widened its trade blacklist to include some of China's top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.
The European Union's finance commissioner has pledged to propose new rules to regulate virtual currencies, in a reaction to Facebook's plans to introduce Libra, which the EU considers a risk to financial stability.
Oracle has plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday.
Australia, The United States and the United Kingdom are seizing on Facebook Inc's plan to apply end-to-end encryption across its messaging services to press for major changes to a practice long opposed by law enforcement.
A China-based website that allowed for manual installation of Google's Android apps on Huawei's newly launched Mate 30 devices went offline on Wednesday after a security researcher highlighted the "backdoor" to sidestep a U.S. ban.
Google is rolling out new privacy features to its Maps, YouTube and Voice Assistant services, with options including incognito mode and automatic data deletion, the company said on Wednesday.
WeWork’s failure to go public is a critical turning point for markets that signals the end of “the days of endless capital for unprofitable businesses,” Morgan Stanley Equity Strategist Michael Wilson says.
Lawyers for Huawei CFO Meng Wanzhou have detailed a list of emails, notes and other records they are seeking to prove that her rights were violated before her December arrest at Vancouver's airport.
Amazon.com has said it is developing a longer-range equivalent to Bluetooth and Wi-Fi wireless protocols that the largest US online retailer hopes third parties will eventually use in smart devices.
An Australian maker of drones used to spot sharks near surf beaches has partnered with online retailer Amazon.com and other firms to create a drone service that could protect tourists from crocodiles in holiday destinations.