Investors are preparing their portfolios for a potentially rocky patch in U.S. stocks, worried that a dramatic rebound in equities may stall amid dimming economic data and rising political uncertainty.
James Murdoch has resigned from News Corp's board, citing disagreements over certain editorial content published by the company's media outlets, the news publisher disclosed in a regulatory filing on Friday.
Silicon Valley’s value is to be celebrated, but we shouldn’t turn a blind eye to its problems, says an observer.
The White House is preparing to force Chinese internet giant ByteDance to shed the U.S. operations of TikTok, as potential buyers, including Microsoft Corp , are already in talks to buy the popular short video app, people familiar with the matter said on Friday.
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.
