China’s internet regulator said it would summon Apple executives to discuss stricter oversight of the App Store, in a warning to three video-streaming app companies to improve censorship of pornography.
High-speed trader Virtu Financial Inc. reached a deal to acquire rival KCG Holdings Inc. for $1.4 billion in cash, a tie-up that would create an electronic trading giant responsible for around one-fifth of volume in U.S. equities.
Samsung needs a seamless launch in the U.S. this week for its flagship Galaxy S8 smartphone to help win back consumer trust following its costly recall last year of the S7 over battery issues.
Verizon Communications is struggling to hold on to customers and get them to pay a premium for its service. It posted its first ever quarterly net loss of wireless subscribers.
Tesla Inc. said Thursday it is recalling 53,000 Model S sedan and Model X sport-utility vehicles over an issue with electric-parking brakes that could prevent them from being released.
The company’s Building 8 division for several months has been working on a “brain-computer interface” that could help people type 100 words a minute from their minds—about five times faster than we type from our smartphones, Regina Dugan says.
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