By David Ingram NEW YORK (Reuters) – Some 10 million people in the United States saw politically divisive ads on Facebook that the company said were purchased in Russia in the months before and after last year’s U.S. presidential election, Facebook said on Monday. Facebook, which had not previously given such an estimate, said in […]
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By David Shepardson WASHINGTON (Reuters) – The U.S. Senate on Monday confirmed Federal Communications Commission Chairman Ajit Pai for another five-year term on the telecommunications regulatory panel where he faces decisions over dismantling Obama-era internet protections and a major television station merger. Pai won confirmation by 52-41 over objections from Democrats, who criticized him for […]
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By David Shepardson WASHINGTON (Reuters) – Equifax Inc <EFX.N> was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO said in testimony to be delivered to Congress on Tuesday. “It appears that the breach […]
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By Nick Carey (Reuters) – Luxury electric vehicle maker Tesla Inc <TSLA.O> said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had left the company behind its planned ramp-up for the new Model 3 mass-market sedan. Tesla said it delivered 26,150 vehicles in the […]
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By Bruno Federowski and Alberto Alerigi SAO PAULO (Reuters) – Brazilian wireless carrier Oi SA’s <OIBR3.SA> two biggest creditor groups on Monday reaffirmed their commitment to an alternative debt-restructuring plan, about a month after pushing back against a proposal from the company’s management. In a statement, the International Bondholder Committee and the Ad-Hoc Group of […]
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By Diane Bartz WASHINGTON (Reuters) – Telecommunications provider CenturyLink Inc <CTL.N> has won U.S. antitrust approval for its purchase of Level 3 Communications Inc <LVLT.N> on condition that it sell certain assets, according to a court filing dated on Monday. CenturyLink agreed to buy Level 3 last year in a deal valued at about $24 […]
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PARIS (Reuters) – Nokia <NOKIA.HE> has reaffirmed its commitment to creating research and development jobs in France, the country’s junior economy minister said on Monday, though the Finnish telecoms maker will still be able to cut hundreds of jobs in other areas. When it bought French-American company Alcatel-Lucent at the beginning of 2016, Nokia made […]
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By Paresh Dave SAN FRANCISCO (Reuters) – Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. For the last decade, Google’s […]
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(Reuters) – U.S. credit reporting firm Equifax Inc <EFX.N> said about 2.5 million additional U.S. consumers may have been impacted by a cyber attack at the company last month. Equifax disclosed last month that personal details of up to 143 million U.S. consumers were accessed by hackers between mid-May and July, in one of the […]
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By Julia Fioretti BRUSSELS (Reuters) – European Union lawmakers have dashed large telecoms companies’ hopes for lighter regulation as part of efforts to encourage investment in superfast internet networks. The EU wants expansion of fiber-optic networks to meet growing demand for data services and ensure Europe does not lag behind other regions in technological developments, […]
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(Reuters) – Microsoft Corp said on Monday it would discontinue its Groove Music Pass subscription service, allowing its existing customers to move their playlists and music collections to Spotify. The Groove Music app will no longer offer the option to stream, purchase, and download music after Dec. 31, the company said in a blog post. […]
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By Alastair Sharp TORONTO (Reuters) – The man who was leading BlackBerry Ltd’s efforts to make money from its patent portfolio has left to join a health technology company, two sources with knowledge of the move said on Monday. Mark Kokes left the Canadian company last month to join privately held NantWorks LLC, the sources […]
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