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Facebook shareholders fail in bid to limit Mark Zuckerberg’s power

Mark Zuckerberg will remain as chairman of Facebook after an attempt to strip him of the position put forward by a group of shareholders...

US judge orders Facebook to turn over data privacy records

A US judge has ordered Facebook to turn over internal records regarding data privacy and access to user data. The ruling in the state of...

Ford announces thousands of white collar job losses

Car giant Ford is cutting about 7,000 white-collar jobs, about 10% of its global workforce. The company has said it was undertaking a major restructuring,...

Amazon takes bite of Deliveroo in $575m funding round

Amazon is leading a $575m investment round in Deliveroo, in a move that is set to have repercussions throughout the food delivery sector. London-based Deliveroo...

US regulator says Boeing 737 Max will only fly again when safety assured

The US’s top aviation regulator has assured Congress that the Boeing 737 Max, grounded after two deadly accidents, will only return to flying when...

Virgin Galactic moves rocket to New Mexico

Sir Richard Branson is moving Virgin Galactic’s passenger rocket and more than 100 employees from California to a launch and landing facility in New...

Uber shares close down 8% amid doubts on future profit

Uber hit a few potholes on its first day of trading on the US stock market, closing down 8% and reflecting lingering doubts about...

Uber values itself at $82bn ahead of IPO

Uber is set for a wild ride on Wall Street with the biggest and most hotly debated initial public offering (IPO) in years. The world’s...

Trump says claim his businesses lost more than $1bn ‘highly inaccurate’

Donald Trump has described a New York Times report claiming his businesses lost more than $1bn between 1985 and 1994 as “highly inaccurate”. The US...

Twitter reports increase in revenue but fall in monthly users

Twitter has reported growth in revenue but saw monthly active users drop by six million on this time last year, the firm’s latest financial...

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