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Alphabet's CapitalG leads Lyft's $1 billion funding round

Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.

U.S. lawmakers want crackdown on Facebook, Twitter political ads

U.S. lawmakers, alarmed that foreign entities used the internet to influence last year's election, introduced legislation on Thursday to extend rules governing political advertising on television, print and radio to also cover social media like Facebook Inc .

'Anemic' iPhone 8 demand drags Apple shares lower

Apple Inc's shares fell nearly 3 percent on Thursday on signs of weak demand for the iPhone 8 that caused analysts and investors to question the company's staggered release strategy for its latest phones.

Facebook to launch news subscription feature, some big names opt out

Facebook Inc said on Thursday it has signed up 10 news publishers including the Washington Post and The Economist to take part in a trial that gives its mobile app users access to a limited number of articles a month and then the option to subscribe via the publishers' own websites.