Markets

The chief executives of Facebook Inc, Alphabet Inc and Twitter will testify before a U.S. House panel on March 25 on "misinformation and disinformation plaguing online platforms." 

Asian stocks pulled back from all-time peaks on Friday as higher longer-dated bond yields and underwhelming U.S. data dented investor confidence in a faster economic recovery from the COVID-19 pandemic, while gold hit a seven-month trough.

Oil prices slid as much as 2per cent in early trade on Friday, adding to overnight declines, on worries that refineries shut by a big freeze in the U.S. South will take some time to revive operations and dent crude demand.

Waze has struggled to grow within Alphabet Inc's Google, the navigation app's former top executive said, renewing concerns over whether it was stifled by the search giant's US$1 billion acquisition in 2013.

SYDNEY: Australian Prime Minister Scott Morrison vowed on Friday (Feb 19) to press ahead with laws to force Facebook to pay news outlets for content, saying he had received support from world leaders after the social media giant blacked out all media. Facebook stripped the pages of domestic and ......

A fresh examination has revealed new details about the first black hole ever detected - which was spotted in 1964 and became the subject of a friendly wager between renowned scientists - including that it is bigger than previously known.

Activist hedge fund manager William Ackman, whose bets on companies are closely watched, updated investors on how his flagship fund earned a record 70.2per cent return in 2020 on Thursday in a socially distanced way by sending out a 57-page presentation.

Hedge fund manager Gabriel Plotkin first bet against the future of GameStop Corp in 2014 when it traded around US$40. But after a harrowing experience with short sellers in recent weeks, he's wary about holding big short positions again.

OTTAWA: Canada vowed on Thursday (Feb 18) to make Facebook pay for news content, seeking allies in the media battle with tech giants and pledging not to back down if the social media platform shuts off the country's news as it did in Australia.  Facebook blocked all Australian news...

Britain's Supreme Court will rule on Friday in a battle over workers' rights at taxi app Uber that could have ramifications for millions of people in the gig economy.