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Tech giants face fines in millions of pounds in the United Kingdom if they do not comply with the new online safety legislation under consideration, the Financial Times reported Monday. read more.....»»

Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and warned of a "significant" loss this quarter, even as it prepares to reopen its most profitable North American truck plants on May 18 as coronavirus lockdowns ease......»»

Facebook Facebook's $2 billion bet on virtual reality has yet to pay off, but the company isn't giving up just.....»»

India's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc , boosting its efforts to cut debt......»»

Facebook reported $1.71 in earnings per share (EPS) and $17.44 billion in revenue for the first quarter compared with consensus estimates that called for $1.74 in EPS and $17.48 billion in revenue......»»

Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros amid the "gravest crisis the aerospace industry has ever known"......»»

Facebook's $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer in India's digital payments market but which has been losing ground to rivals with deeper pockets......»»

Credit card issuer American Express Co posted a 76% drop in quarterly profit on Friday, as it set aside $1.7 billion to brace itself against potential non-payments due to a wave of coronavirus-led layoffs......»»

Credit card issuer American Express Co posted a 76% drop in first-quarter profit on Friday, as it set aside $2.6 billion to cover potential losses stemming from the coronavirus outbreak......»»

Facebook reached an agreement to buy a 10% equity stake in Jio, India's larg.....»»

Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries' digital arm, as it looks to roll out services for India's grocers and small businesses by capitalizing on WhatsApp's extensive reach in the country......»»

Facebook.....»»

Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for India's grocers and other small businesses by capitalising upon WhatsApp's already extensive reach within the country......»»

Facebook will spend $5.7 billion for 10% of Reliance Industries's digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India......»»

Facebook will buy a 10% stake in the digital business of India's Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital payment services......»»

Reuters Facebook announced it would invest $5.7 billion in Jio Platforms, India's popular mobile internet service. The multi-billion-dolla.....»»

Facebook Inc. on Tuesday announced a $5.7 billion investment in India's Jio Platforms Ltd. The Indian tech company is part of Reliance Industries Ltd., and has brought nearly 400 million Indians on.....»»

Reuters Facebook announced it would invest $5.7 billion in Reliance Jio, India's popular mobile internet service. The multi-billion-doll.....»»

Facebook Inc announced a $5.7 billion investment in Reliance Industries Ltd's telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited......»»

Jim Bennett/WireImage/GettyImages When Instagram was bought by Facebook in 2012, it only had 13 employees — including founders Kevin Systrom and Mike Krieger. While many of the early employees are st.....»»