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Tesla stock drops closer to pre-Musk tweet level

After two days of turmoil, Tesla shares have fallen back closer to the level they were trading at before CEO Elon Musk tweeted Tuesday that he may take the company private.

Facebook asks big banks to share customer details

Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform, a banking source told AFP on Monday.

Facebook probes whether data firm violated policies: report

Facebook has suspended a Boston analytics firm from its site and says it is investigating whether the company's contracts with the US government and a Russian non-profit violated policies, the Wall Street Journal reported.

Report: SEC probes Facebook privacy issues

A report says the Securities and Exchange Commission is investigating whether Facebook adequately warned its investors about privacy lapses involving the data mining firm Cambridge Analytica.

US lets ZTE resume some activity

The United States has temporarily allowed Chinese telecoms company ZTE to resume some activities while it works to meet conditions set by Washington in a politically charged settlement reached last month.

Former Theranos biotech star indicted on fraud charges

Elizabeth Holmes, the founder of blood-testing startup Theranos and a onetime Silicon Valley star, has been hit with criminal charges accusing her of defrauding investors and others, prosecutors announced Friday.

More grim news for US newspapers: survey

The troubled picture for US newspapers became even grimmer in 2017 with declines in revenue and both print and digital readership, a new research report showed Wednesday.

Bitcoin hits 4-month low after currency exchange theft

The price of bitcoin has fallen to a four-month low of $6,370, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored.

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