Facebook has completed a series of deals for the right to show music videos, according to people familiar with the matter, vaulting the social network into a medium dominated by YouTube. Partnerships with the three largest music companies Universal Music Group, Sony Music Entertainment and Warner Music Group are expected to be announced soon, said […]

ExxonMobil reported its biggest-ever quarterly loss on Friday as the coronavirus pandemic slammed demand and prices for oil. The Texas-based oil giant lost nearly $1.1 billion from April to June as COVID-19 caused a historic plunge in oil prices that hammered its production business. That came on the heels of a $610 million loss in […]

Microsoft is in talks to acquire TikTok, the immensely popular social media app known for its fun short-form videos, in a move that could prevent the Trump administration from banning it from the US, according to reports. The Seattle tech giant founded by Bill Gates is in discussions to buy TikTok in a deal valued […]

A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case. Graham Ivan Clark, 17, was arrested Friday […]

United States President, Donald Trump, said Friday he will bar fast-growing social media app TikTok from the United States as American authorities have raised concerns the service could be a tool for Chinese intelligence. US officials and lawmakers in recent weeks have voiced fears of the wildly popular video platform being used by Beijing for […]