Facebook Losing Friends to Snapchat in the U.K. Facebook Inc. is losing its swagger with young users, who are increasingly migrating to rival platforms including Snap Inc.’s Snapchat, according to a new study. Seventy-one percent of U.K. social network users between 12 years and 17 years old will be using […]

Facebook launches $10 million community leader awards Facebook (FB.O) launched a community leadership program on Friday that will award $10 million in total to more than 100 people who have successfully built groups on the social network as part of its push to create “meaningful” interactions. The initiative, announced at […]

U.S. transportation agency calls March 1 ‘summit’ on autonomous cars Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday. Last month, Transportation Secretary Elaine […]

Mobile data plans outnumber residents in developed nations: OECD Mobile broadband subscriptions outnumbered people in developed nations for the first time last year as access costs fell amid increased regulation and competition, an OECD report published on Friday said. The Organisation for Economic Cooperation and Development (OECD) found there were […]

Facebook runs into lawsuit over Cambodian politics Former Cambodian opposition leader Sam Rainsy has filed a legal case in the United States to get Facebook to release information on Prime Minister Hun Sen’s use of the social media platform, his legal team said. Lawyers for Sam Rainsy, who fled Cambodia […]

Amazon hires NBC executive Salke to run video studio Amazon.com Inc (AMZN.O) on Friday said it has hired Jennifer Salke, president of NBC Entertainment, to run its television and movie studio, ending months of limbo as its entertainment division switches from a lineup heavy on art-house fare to broader-appealing hits. […]