Reuters

A 3-D printed Facebook logo is seen on representations of virtual currencies in this illustration picture, June 18, 2019.

Facebook co-founder says Libra could shift monetary clout to private companies

Hughes also said the corporations that would oversee the new currency would put their private interests - profits and influence - ahead of public ones.
Facebook, eBay fake reviews.

UK regulator tells Facebook, eBay to tackle sale of fake reviews

The CMA said it had found more than 100 eBay listings offering fake reviews for sale between November and June, and identified 26 Facebook groups with people offering to write fake reviews.
A Huawei company logo is seen at CES (Consumer Electronics Show) Asia 2019 in Shanghai, China June 11, 2019.

Huawei says European smart phones sales up ‘in past few days’

Huawei is still unclear how new Huawei phones would be affected by the ban that bars U.S. firms from doing business with the Chinese company.
The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019.

Alexa, how can I fly to Mumbai?

Airlines are concerned that Amazon’s quiet launch of domestic plane ticket sales in India last month is only the start of a global trend and the beginning of a battle for control of valuable traveller data.
Software company Slack Technologies climbed on the New York Stock Exchange June 20, 2019 after debuting in a direct listing, in the latest sign of Wall Street's appetite for new technology entrants.Shares of the company, whose arrival was marked with a giant purple banner outside the NYSE, initially surged as high as $42 before pulling back somewhat and finishing at $38.62. The exchange had set a reference price of $26.

Slack stock surges at debut, values company at more than $23 billion

Slack’s direct listing differs from a traditional IPO because it does not raise fresh funds. The method was pioneered last year by music streaming business Spotify Technology SA.
FILE PHOTO: An electric board showing exchange rate between South Korean Won and Bitcoin at a cryptocurrencies exchange in Seoul, South Korea.

New tokens thrive in crypto market but sales raise questions

The emergence of IEOs - which sidestep banks and venture capital firms as a way to generate capital for new companies - is emblematic of a market which has long been trying to break free from regulation itself.
You can pre-register for Harry Potter: Wizards Unite on Google Play Store.

Harry Potter: Wizards Unite is the latest AR game from Pokémon Go creators

In Wizards Unite, users play the role of a new recruit within the Statute of Secrecy Task Force to help solve a mystery. Players can discover artifacts, cast spells and encounter characters from the Potter films and prequel movie series “Fantastic Beasts and Where to Find Them.”
Facebook has unveiled its global crypto-currency

Facebook’s Libra cryptocurrency could raise regulatory issues: BoE deputy governor

Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners.
The deal would also help it catch up with Amazon, Alphabet Inc and Microsoft in the fast growing cloud computing business.

IBM to secure unconditional EU approval for $34 billion Red Hat deal: Report

IBM is seeking to expand its subscription-based software offerings via the deal, its biggest to date, to counter slowing software sales and waning demand for mainframe servers.
The new tariffs would increase prices of laptops by at least 19% in the US.

Microsoft, Intel among firms to oppose US’ proposed tariffs on laptops, tablets

Microsoft, Dell and HP, which together account for 52% of the notebooks and detachable tablets sold in the United States, said the proposed tariffs would increase the cost of laptops in the country.

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