(Reuters) -Elon Musk, the world's richest man, is being sued by the U.S. Securities and Exchange Commission, which is trying to compel him to testify as part of a probe into his $44 billion takeover of social media giant Twitter,…
By Diane Bartz WASHINGTON (Reuters) -The CEO of privacy-oriented search engine DuckDuckGo said its talks with Apple about a potential contract failed because the smartphone maker was reluctant to give up Google's multibillion dollar paychecks, according to newly transcripts of…
(Reuters) - Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes,…
By David Shepardson WASHINGTON (Reuters) -Two U.S. senators said on Tuesday they were investigating short video sharing app TikTok's reported decision recently to hire several high-level executives from its Chinese parent company, ByteDance. Senators Richard Blumenthal, a Democrat, and Republican…
(Reuters) -Satellite TV provider DirecTV warned CNN-parent Warner Bros Discovery that its plan to stream the news service risks violating a contract between the companies, the New York Times reported on Tuesday, citing people familiar with the matter. Last week,…
By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON (Reuters) - The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official…
By Andrew Chung (Reuters) -The U.S. Supreme Court on Friday agreed to decide the legality of Republican-backed state laws in Texas and Florida that constrain the ability of social media companies to curb content on their platforms that these businesses…
(Reuters) -U.S. government services would be disrupted and hundreds of thousands of federal workers would be told not to work if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed essential would remain on the…
By Michael Martina WASHINGTON (Reuters) -China is manipulating global media through censorship, data harvesting and covert purchases of foreign news outlets, the United States said on Thursday, warning the trend could lead to a "sharp contraction" of global freedom of…
By Diane Bartz WASHINGTON -Apple and other smartphone makers turned down revenue-sharing agreements that would have helped Microsoft's Bing search engine and instead kept Google as the default search engine, a Microsoft executive testified on Thursday. Jonathan Tinter, a Microsoft…