New FCC chair closely guards his strategy to restructure net neutrality

WASHINGTON (Reuters) - The new chairman of the U.S. Federal Communications Commission under President Donald Trump is keeping under wraps his strategy to revise or reverse the Obama administration's "net neutrality" rules, but emphasized he is committed to ensuring an open internet.

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Amazon warns that trade protectionism could hurt business

(Reuters) - Amazon.com Inc warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump's "America First" agenda.

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Facebook to provide ad data for independent audit

(Reuters) - Facebook Inc said it would provide information about ads displayed on its platform for an audit, months after the social network admitted to overstating key ad metrics.

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FCC spectrum auction bidding ends at $19.6 billion

WASHINGTON (Reuters) - The U.S. Federal Communications Commission said Friday that bidding in the wireless spectrum auction has ended at $19.6 billion, significantly less than many analysts had initially forecast.

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Ford to invest $1 billion in autonomous vehicle tech firm Argo AI

SAN FRANCISCO (Reuters) - Ford Motor Co plans to invest $1 billion over the next five years in tech startup Argo AI to help the Detroit automaker reach its goal of producing a self-driving vehicle for commercial ride sharing fleets by 2021, the companies announced on Friday.

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Wells Fargo sets up artificial intelligence team in tech push

NEW YORK (Reuters) - Wells Fargo & Co has created a team to develop artificial intelligence-based technology and appointed a lead for its newly combined payments businesses, as part of an ongoing push to strengthen its digital offerings.

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Italy's foreign ministry came under cyber attack in 2016: source

ROME (Reuters) - Italy's foreign ministry was hacked last year, a source close to the department said on Friday, confirming a report in the Guardian newspaper which also said Russia was suspected of perpetrating the attack.

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Bitcoin trading shrivels under Chinese government's glare

SHANGHAI (Reuters) - Trading volumes at China's three largest bitcoin exchanges have plummeted after the central bank put the virtual currency market under sharper scrutiny a month ago in a move that coincided with official efforts to stem capital outflows.

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Twitter advertising revenue falls, shares drop more than 10 percent

(Reuters) - Twitter Inc posted the slowest revenue growth since it went public four years ago, sending shares down more than 10 percent on Thursday on fears that rivals Snapchat and Facebook Inc were winning the war for advertising.

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Twitter numbers paint grim profitability picture

(Reuters) - Twitter Inc's desultory earnings report on Thursday show a company with no evident path to profitability, as core costs climb more quickly than revenue while user growth stagnates.

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Source: Reuters