Stories by Reuters

Cambridge Analytica shuts up shop

Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp drop in business, the company has announced.

Apple promises US$100 billion stock buyback

Apple reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet.

US telcos T-Mobile and Sprint eye massive merger

​T-Mobile and Sprint say they have agreed to a US$26 billion all-stock deal and believe they can win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network.

Intel soars after brighter forecast for data centers, memory

​Intel has beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its personal computer business.

Microsoft faces new legal ​challenge over Windows 10

Federal prosecutors in Brazil have asked a court to force Microsoft to change its default installation process for Windows 10, which they said violated several local laws by collecting user data without their "express consent."

Inside Facebook's plan to limit the impact of GDPR protections

If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller.

Airlines back creation of global drone registry: IATA

The world's airlines are backing the development of a United Nations-led global registry for drones, as a rise in near collisions by unmanned aircraft and commercial jets fuels safety concerns, according to an executive of their trade group.

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