WASHINGTON (Reuters) - The state of California on Friday agreed not to enforce its own state net neutrality law until a final court decision on the Trump administration’s decision to overturn the 2015 Obama-era open internet rules.
Blockchain startup hires away Google's messaging tech leader
SAN FRANCISCO (Reuters) - Blockchain technology startup Ripple Labs Inc confirmed to Reuters on Friday that it hired Amir Sarhangi, who had been leading Google’s rollout of a new wireless messaging system, as vice president of products.
Facebook removes fake accounts tied to Iran that lured over 1 million followers
WASHINGTON (Reuters) - Facebook Inc (FB.O) said on Friday it had deleted accounts originating in Iran that attracted more than 1 million U.S. and British followers, its latest effort to combat disinformation activity on its platform.
Wall Street sinks as Amazon, Alphabet earnings spark growth concerns
(Reuters) - U.S. stocks plunged on Friday as grim earnings reports from Amazon and Alphabet rekindled a rush to dump technology and high-growth stocks, but data showing economic growth in the last quarter slowed less than expected provided some relief.
GM wants Trump administration to back national electric vehicle program
WASHINGTON (Reuters) - General Motors Co said on Friday it wants the Trump administration to back a nationwide program to boost sales of zero emission vehicles like electric cars, even as the government has proposed ending California’s ability to require more clean vehicles.
Microsoft overtakes Amazon as second most valuable U.S. company
SAN FRANCISCO (Reuters) - Microsoft Corp (MSFT.O) regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com (AMZN.O) wiped $65 billion off the online retailer’s market capitalization.
Snap shares sink as two million users move on
(Reuters) - Snap Inc (SNAP.N) shares plunged 14 percent on Friday after the Snapchat-owner posted its second straight quarter of user losses and forecast further declines, a boost for Facebook Inc’s (FB.O) Instagram ahead of its results next week.