A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
Facebook said Monday that changes it's making to its content-recommendation software will put more local news into users' feeds.
"Today, we're updating News Feed to also prioritize local news so that you can see topics that have a direct impact on you and your community and discover what's happening in your local area," the company wrote in a post.
"This change is taking effect in the U.S., and we plan to expand to more countries this year," said the post, which was written by Alex Hardiman, head of news product at the company, and Campbell Brown, head of news partnerships.
Facebook said it is also "testing a dedicated section on Facebook that connects people to news and information in their community, called Today In. We are testing this in six US cities and plan to expand in the coming months."
The company said earlier this month it would begin to prioritize posts from friends and what Facebook calls "high-quality news sources."
Taken together, the changes will mean users will see less news overall in their feeds.
Facebook shares fell 4 percent on January 12, after CEO Mark Zuckerberg said the company would make changes to promote more "meaningful social interactions," though the stock has recovered since then.
The changes have come after members of Congress and other critics have faulted Facebook for allowing the spread of fake news, hate speech and other unwanted content on the site.
The company will report fourth-quarter and year-end results after the close of markets on Wednesday.