Latest Business News

• U.S. House panel hears from Facebook, Google, Twitter on election security
  Top officials from Facebook, Google and Twitter were grilled by U.S. lawmakers on Thursday at a virtual hearing on foreign influence and election security ahead of the Nov. 3 presidential contest.
  
• Facebook takes down certain posts, ads from Trump re-election campaign
  Facebook Inc said on Thursday it took down certain posts and advertisements from U.S. President Donald Trump and Vice President Mike Pence related to their re-election campaign, due to violation of the social network's policy against organized hate.
  
• UK ditches homegrown COVID-19 tracing app to use Google-Apple model
  Britain will switch to the Apple and Google model for its COVID-19 test-and-trace app, ditching an attempt to develop an app by itself after the homegrown system did not work well enough on Apple's iPhone, the government said on Thursday.
  



• Robinhood trading app back online after major outage
  Robinhood Markets Inc, the fintech startup credited with helping popularize trading with millennials, said on Thursday it resolved an issue that had caused a "major outage" on its platform earlier in the day.
  
• Exclusive: Massive spying on users of Google's Chrome shows new security weakness
  A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google's market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry's failure to protect browsers as they are used more for email, payroll and other sensitive functions.
  
• France's top court rejects core of law targeting online hate speech
  France's top court rejected most of a draft law that would have compelled social media giants such as Facebook and Twitter to remove any hateful content within 24 hours, it said on Thursday.
  
• No date for release of test-and-trace app in UK, minister says
  Britain's health minister declined on Thursday to set a date for when a smartphone app to help trace people who have been in contact with a person infected with the new coronavirus would be rolled out.
  
• Facebook sues individuals for offering to extract data, gather likes
  Facebook Inc said on Thursday it filed lawsuits against individuals in Europe and the United States for abusing its platforms to offer automated tools for scraping users' personal data and gathering likes.