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Ireland's Data Protection Commission has sent Facebook Inc a preliminary order to suspend data transfers to the United States about its European Union users, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF), are in talks to buy stakes in the retail arm of Indian billionaire Mukesh Ambani's Reliance Industries Ltd, the Financial Times reported on Wednesday.

U.S. stocks jumped on Wednesday as investors took advantage of a three-day sell-off to buy into high-flying tech stocks, a day after the Nasdaq confirmed correction territory.

U.S. stocks bounced on Wednesday with the Nasdaq gaining 1.5%, as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental coronavirus vaccine.

2020 has been a year for the ages. Spurred on by COVID-19 and the ensuing lockdown on the economy, U.S. stocks entered a bear market quicker than any other time in history -- followed by an equally impressive recovery as the digital economy has become more important than ever be

Wall Street's main indexes were on track to open higher on Wednesday, as technology-focused companies climbed following three sessions of intense selling that sent the Nasdaq Composite index lower by 10%.

A project involving 13 of the world's largest banks and aimed at launching digital versions of major currencies in 2020 is no longer likely to get going this year, the company set up to run the effort said.

What happened Shares of Microsoft (NASDAQ: MSFT) rose 10% in August, according to data from S&P Global Market Intelligence. The cloud computing leader surged after Microsoft confirmed it was in talks to acquire the U.S. operations of TikTok -- the hit short-video social net

Mastercard is creating a platform to help central banks "virtually" test how digital currencies could be developed and used, the payments company said on Wednesday.

U.S. stock index futures jumped on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.

For Wall Street, 2020 has been a year filled with twists and turns. The uncertainty created by the coronavirus disease 2019 (COVID-19) pandemic pushed equities considerably lower during a five-week stretch in the first quarter. This was followed by the stock market staging its m

The market for companies going public has been heating up this year on the heels of the rapid-fire bear market and subsequent recovery. After losing 30% of its value between mid-February and late March, the tech-heavy Nasdaq has led the recovery, gaining a remarkable 67% since h

Nasdaq futures bounced on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.

Reliance Industries Ltd said on Wednesday U.S. private equity firm Silver Lake Partners would buy a 1.75% stake in its retail arm for 75 billion rupees ($1.02 billion), as the Indian conglomerate bolsters its retail presence in the country.

Reliance Industries Ltd's telecom unit is looking to outsource the manufacturing of over 100 million low-cost smartphones that will be built on Google's Android platform, India's Business Standard newspaper reported, citing sources.

As a tech-fueled sell-off hits Wall Street, investors are looking to options markets - including the positioning of Japan's SoftBank Group Corp - to determine how much more volatility may be in store.

On Sept. 8, the S&P 500 Index (SNPINDEX: ^GSPC) continued to tumble lower, with today's 95-point decline erasing 2.8% in value. That marks the third-straight session where the index, which makes up about 80% of the market value of all U.S. stocks, finished lower. In total,

Three Republican U.S. senators on Tuesday introduced the latest legislation targeting a federal law that largely exempts tech platforms such as Facebook and Twitter from legal liability for the material their users post.

U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off to send the Nasdaq into correction territory, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.

U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.