Stories by Reuters

Facebook ordered to pay US$5B fine over privacy violations

Facebook will pay a record-breaking US$5 billion (A$7.1 billion) fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday.

Written by Reuters26 July 19 09:46

Microsoft pays US$25M to settle anti-bribery charges

​Microsoft has agreed to pay approximately US$25.3 million, including a criminal fine, to settle US charges it made improper payments that were used to bribe government officials in Hungary and other countries.​

Written by Reuters23 July 19 06:00

Cloud growth fuels IBM profit beat

IBM ​beat analysts’ estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business.​

Written by Reuters18 July 19 08:53

Bezos settles divorce for $38 billion

​ founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalised by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported.

Written by Reuters08 July 19 09:14

Facebook's global affairs chief rejects break-up calls

Facebook dismissed calls for a break-up of the world's biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content.

Written by Reuters25 June 19 09:20

Next step in Assange extradition case due in UK court on Friday

WikiLeaks’ founder Julian Assange is due before a London court on Friday, facing the next stage of a U.S. attempt to try him on spying charges after Britain’s interior minister said he had validated the American extradition request.

Written by Reuters14 June 19 08:52

AGL Energy has no plans to break up Vocus

​AGL Energy has no plans to break up its takeover target, Vocus Group, but instead will aim to grow the combined businesses, AGL CEO Brett Redman said.

Written by Reuters12 June 19 14:59

YouTube reversal bans Holocaust hoaxers, stops pay for borderline creators

YouTube has announced it will remove videos that deny factual catastrophes such as the Holocaust ever happened and stop sharing ad revenue with channels that skirt too close to its rules, a major policy reversal as it fights criticism that it provides a platform for hate speech and harassment.

Written by Reuters06 June 19 09:41