Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Facebook CEO Mark Zuckerberg said Wednesday that the changes the company made to its service last year reduced time spent on the site by 50 million hours per day, or 5 percent.
"Already last quarter, we made changes to show fewer viral videos to make sure people's time is well spent. In total, we made changes that reduced time spent on Facebook by roughly 50 million hours every day. By focusing on meaningful connections, our community and business will be stronger over the long term," Zuckerberg wrote.
On a conference call with analysts, Zuckerberg said that figure represented 5 percent of the total.
The company has also begun to make changes to its content-recommendation software amid criticism that Facebook has been used to spread misinformation, hate speech and other violent content.
Last April, a Facebook user recorded and uploaded a video of himself killing an elderly man.
On the company's previous earnings call in November, Zuckerberg had said: "I want to be clear about what our priority is. Protecting our community is more important than maximizing our profits."
The decrease in time spent could likely cause the company to insert more ads into the NewsFeed to keep ad prices consistent, said Omnicom's Hearts & Science executive director of digital activation Ben Hovaness.
Facebook's advertising sold through an auction forces, which means price is related to demand. As user time decreases, ad inventory in the NewsFeed will also decrease. Immediately, it will cause ad prices to go up so Facebook will have to balance the issue out by adding more ads.
"Facebook will have to increase ad load to keep costs stable," Hovaness said.
Zuckerberg made the comments as part of the company's fourth-quarter earnings announcement.
Facebook reported sales that topped analysts' expectations. Its profit was less than expected due to a huge increase in its tax bill caused by recent tax-law changes.
CNBC reporter Michelle Castillo contributed to this report.