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Internet giants, once above the fray, on the defensive in Washington

WASHINGTON Internet giants, including Alphabet's Google and Facebook, are moving to compromise on several major policy issues as they adjust to an abrupt shift in the political winds in Washington.

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Around the world, a muted launch for Apple's iPhone 8

SAN FRANCISCO/SYDNEY/TOKYO Apple Inc's launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as fans held out for the premium iPhone X, due out in early November. | Video

Budget 2017, Business 23 Sep 2017

China-backed fund shunned by Trump to buy British chip maker

Canyon Bridge Capital Partners, the China-backed buyout fund that was barred last week by U.S. President Donald Trump from buying a U.S. chip maker, said it would purchase British chip designer Imagination Technologies Group Plc .

Budget 2017, Business, 23 Sep 2017

SAP has agreed to buy Gigya for $350 million - Israeli media

JERUSALEM German software group SAP has agreed to buy online customer service provider Gigya for about $350 million, Israeli media reported on Sunday.

3:18pm IST

Zuckerberg nixes new Facebook share class after shareholder lawsuit

WILMINGTON, Del. Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth.

Investor group seeks probe into SEC hack, urges data rules delay

WASHINGTON A global investor group on Friday called for an independent investigation into a cyber breach at the U.S. Securities and Exchange Commission (SEC) and urged the regulator to delay new data-gathering rules until it could assure investors that its computer systems were secure.

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