Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay Ltd for $29 billion, creating a transactions giant that will battle banks and tech firms in the financial sector's fastest-growing business.
Central banks and financial regulators urgently need to get to grips with the growing influence of 'Big Tech', according to top officials from central bank umbrella group the Bank for International Settlements (BIS).
A federal judge asked Microsoft Corp on Friday to let him know how big of a burden it would be for the company to provide documents requested by long-time rival Alphabet Inc's Google, in a U.S. antitrust lawsuit against Google.
Tesla Inc Chief Executive Officer Elon Musk on Friday showed his support for "Fortnite" maker Epic Games that has challenged Apple Inc's fees on its App Store.
The global chip shortage that is hindering production forecasts of giant companies like Apple Inc and Volkswagen AG is here to stay until the first half of 2023, the chief executive of STMicroelectronics said on Thursday.
Led by Facebook, social media platforms from Alphabet's YouTube to Snap Inc and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during second-quarter results over the past week.
Two U.S. senators on Wednesday said they are introducing a measure to prohibit funds in a $1.9 trillion government funding measure from being used to purchase Chinese telecommunications equipment from Huawei, ZTE and other companies deemed U.S. security threats.
EU privacy watchdog EDPB on Wednesday gave the Irish data protection agency a month to issue a long-delayed decision on compliance by Facebook's WhatsApp after its peers objected to its draft finding.
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Facebook Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.
PayPal Holdings Inc is partnering with non-profit organisation the Anti-Defamation League (ADL) to investigate how extremist and hate movements in the United States take advantage of financial platforms to fund their criminal activities.
Facebook's acquisition of U.S. customer service startup Kustomer is set to trigger a full-scale EU antitrust investigation next month, three people familiar with the matter said on Friday.
Electric air taxi startup Joby Aero Inc will add Silicon Valley heavyweight Reid Hoffman and executives from Google and Toyota to its board, as the company prepares to go public through a merger with a blank-check firm.
A 150-million-year-old fossilized skeleton discovered in the mountains of southern Chile was determined to be the ancestor of the modern crocodile, the Argentine Museum of Natural Sciences announced on Friday.
The White House has YouTube, not just Facebook, on its list of social media platforms officials say are responsible for an alarming spread of misinformation about COVID vaccines and are not doing enough to stop it, sources familiar with the administration's thinking said.
