Stocks plummeted amid worsening economic fears after US Treasury yields briefly flashed a warning sign for a coming recession.
Social media giant hopes to offer unbanked consumers access to financial services for the first time but consumer privacy concerns or regulatory barriers may present significant hurdles.
Facebook has been hit by a number of privacy-related issues recently, including a glitch that exposed passwords of millions of users stored in readable format within its internal systems to its employees.
Amazon said it would close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals.
A new law makes it an offence for companies such as Facebook Inc and Alphabet’s Google, which owns YouTube, not to remove videos or photographs that show murder, torture or rape without delay.
New Zealand Prime Minister Jacinda Ardern welcomes the social media giant's ban that comes in the wake of a deadly terrorist attack on two mosques that killed 50 people people and was carried out by a self-confessed white supremacist.
Australian police said that the counter-terrorism teams raided two homes linked to the mass shooting that killed at least 50 people at two New Zealand mosques last week.
Alphabet Inc's Google unit won approval from US regulators to deploy a radar-based motion sensing device known as Project Soli.
Facebook's Sheryl Sandberg is testifying alongside Twitter's Jack Dorsey.
Facebook Inc, Twitter Inc and Alphabet Inc collectively removed hundreds of accounts tied to Iranian actors that a cybersecurity firm said on Tuesday were promoting Iran's geopolitical agenda around the world.
The suit accuses Facebook, Zuckerberg and Chief Financial Officer David Wehner of making misleading statements about or failing to disclose slowing revenue growth, falling operating margins, and declines in active users.
Costs of improving privacy safeguards and slowing usage in the biggest advertising markets combined with missed revenue and user growth targets saw the company's shares lose a quarter of their value.
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