Facebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.Technologyread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Cybersecurityread more
European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Twenty-First Century Fox shareholders will benefit the most from AT&T's major legal victory in its pursuit to buy Time Warner, according to one Wall Street firm.
Jefferies reiterated its buy rating for 21st Century Fox shares, predicting Disney and Comcast will fight each other vigorously to acquire the company in a seemingly "more lenient regulatory environment" for mergers.
In December, Disney announced a deal to acquire many parts of 21st Century Fox for $52.4 billion in stock.
"We see FOXA as a clear winner following today's ruling, as it will likely set off a bidding war between CMCSA and DIS," analyst John Janedis said in a note to clients Tuesday. "Given FOXA's strategic importance, we expect both to stretch their B/S [balance sheets], but retain investment grade ratings, translating to a max bid of $42.50/$80B - ex Sky."
Janedis expects Comcast will make an official offer for 21st Century Fox, followed by another bid from Disney.
"We believe Disney will respond to a CMCSA bid with a counter offer, as both companies view the FOXA/Sky assets as key to competing globally," he said.
Disclosure: CNBC is owned by Comcast's NBCUniversal unit.