Microsoft Corp could re-energize its advertising business with a huge supply of video if it follows through on acquiring TikTok's U.S. operations from ByteDance.
Facebook Inc raised its settlement offer by US$100 million to US$650 million related to a lawsuit that claimed it illegally collected and stored biometric data for millions of users without their consent, the company said on Friday.
The U.S. Justice Department has closed its antitrust investigation into the London Stock Exchange Group's acquisition of financial markets data firm Refinitiv, saying it would not harm competition or American consumers, the bureau said in a statement on Friday.
President Donald Trump was preparing an order requiring the fast-growing social media app TikTok to be divested from its Chinese parent firm on national security grounds, media reports said Friday.
The Nasdaq rose on Friday, lifted by strong earnings from some of the largest U.S. companies, but gains were curbed and the Dow and S&P lost ground as uncertainty about the government's next round of coronavirus aid exacerbated economic worries.
Canada's attorney general says the requirements for extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States on charges of bank fraud have been met, documents submitted in a British Columbia court show.
Frontier Airlines is preparing to send notices on Friday to employees warning that 35per cent of the budget carrier's flight attendants and pilots could be furloughed as early as Oct. 1, a spokeswoman told Reuters on Friday.
Apple customer loyalty and response to the COVID-19 pandemic have proven brick-and-mortar stores are not essential to drive sales of its products, J.P.Morgan said on Friday, as the iPhone maker's blockbuster quarterly results pushed its shares up 7per cent.
The European Commission said on Friday it had signed a contract for SAP and Deutsche Telekom to build a software platform that would enable coronavirus contact tracing apps to exchange information.
Southwest Airlines supports union efforts to convince lawmakers to extend the US$32 billion U.S. payroll support program for airlines, airports and contractors set to expire in September, for another six months, Chief Executive Gary Kelly said in a video message to employees.
