CEO Zuckerberg says Facebook could have done more to prevent misuse

WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg met U.S. lawmakers individually on Monday and told Congress in written testimony that the social media network should have done more to prevent itself and its members' data being misused.


Apple says all its facilities now powered by clean energy

(Reuters) - Apple Inc on Monday said it had achieved its goal of powering all of the company's facilities with renewable energy, a milestone that includes all of its data centers, offices and retail stores in 43 countries.


Alphabet unit to start Toronto smart-city tech pilot in summer, build in 2020

TORONTO (Reuters) - Alphabet Inc's urban innovation company Sidewalk Labs hopes to break ground on its first ever smart-city project in Toronto in 2020, and begin testing some of the proposed technologies this summer, its chief executive told Reuters.


Verifone to be taken private for $2.6 billion in cash

(Reuters) - Payments technology company Verifone Systems Inc on Monday agreed to be taken private by an investor group led by Francisco Partners for $2.58 billion in cash.


Alibaba's Jack Ma urges Facebook to fix privacy issues

BOAO, China (Reuters) - Jack Ma, founder of Chinese e-commerce giant Alibaba, on Monday urged Facebook Inc to resolve its data privacy problems, a day before the social media giant's founder, Mark Zuckerberg, was due to appear at U.S. congressional hearings.


From silkworms to software, France's LVMH backs luxury startups

PARIS (Reuters) - France's LVMH is fostering projects by entrepreneurs in the luxury goods sector, including a startup working with silkworms on new materials and another whose software might help detect counterfeits.


Uber agrees to buy electric cycle-sharing startup JUMP Bikes

SAN FRANCISCO (Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] said on Monday it has agreed to buy electric bicycle service JUMP Bikes, allowing Uber to offer U.S. passengers an alternative to cars and further consolidating the crowded bike-sharing industry.


U.S. regulator to publish fintech charter position in next few months

WASHINGTON (Reuters) - The head of the Office of the Comptroller of the Currency (OCC) said on Monday it will publish its position on a proposed charter for online lenders and other so-called fintech companies in the next three months.

more.. founders, others indicted on prostitution-related charges

WASHINGTON (Reuters) - Seven people employed by the sex ad website, including its founders Michael Lacey and James Larkin, were charged in a 93-count indictment unsealed on Monday that included among the accusations knowingly facilitating prostitution.


China joins HK-U.S. battle for Chinese tech listings

HONG KONG (Reuters) - When Charles Li, chief executive of the Hong Kong Exchange, last year announced plans to help the next wave of Chinese tech giants go public in the city, bankers celebrated.


Source: Reuters