PayPal quarterly profit beats estimates, shares rise

PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts’ estimates as the company signed up more new […]

Internet provider groups sue Vermont over net neutrality law

Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law […]

Ericsson tops third-quarter forecasts as savings and 5G sales kick in

Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in […]

France’s OVH to triple spending to take on Google, Amazon in cloud computing

French cloud computing company OVH plans to triple investment in the coming years to take on U.S. Internet giants Amazon […]

Tesla signs agreement in Shanghai for gigafactory site

Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build […]

Search engine Baidu becomes first China firm to join U.S. AI ethics group

Chinese search engine Baidu Inc (BIDU.O) has become the first Chinese company to join an artificial intelligence (AI) ethics group […]

Cloud software firm Twilio to buy SendGrid in $2 billion deal

Cloud technology company Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal […]

Exclusive: Facebook to ban misinformation on voting in upcoming U.S. elections

Facebook Inc will ban false information about voting requirements and fact-check fake reports of violence or long lines at polling […]

Google latest to withdraw from Saudi conference

Alphabet Inc’s Google on Monday became the latest company to drop out of a business conference in Saudi Arabia. Pressure […]

Exclusive: Key EU lawmaker’s plan to rein in online marketplaces a threat to Amazon

Amazon could face a threat other than just EU antitrust scrutiny after a key EU lawmaker announced proposals aimed at […]