Alphabet shareholders reject diversity proposal backed by employees

MOUNTAIN VIEW, Calif. (Reuters) - Alphabet Inc's shareholders, including top executives, voted down several proposals on Wednesday, defeating campaigns to tie pay to diversity goals and to get the Google parent to provide more data about efforts to moderate user-generated content.

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Congress has few options to stop Trump from saving China's ZTE

WASHINGTON (Reuters) - There is little Congress can do to stop President Donald Trump if he wants to relax penalties on ZTE Corp, despite strong bipartisan opposition to easing restrictions on China's No. 2 telecommunications equipment maker.

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Ex-Cambridge Analytica boss admits getting Facebook data from researcher

LONDON (Reuters) - The former head of Cambridge Analytica admitted on Wednesday his firm had received data from the researcher at the center of a scandal over Facebook users' personal details, contradicting previous testimony to lawmakers.

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Tesla shares rise as Musk says Model 3 set to hit target

(Reuters) - Tesla Inc shares headed for their best day in more than two years on Wednesday after Chief Executive Elon Musk said the car maker was now churning out 500 of its Model 3 sedans a day and should achieve its 5,000 per week target by the end of June.

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U.S. says internet use rises as more low income people go online

WASHINGTON (Reuters) - Internet use by Americans increased in 2017, fueled by a rise among people with lower incomes, a government report viewed on Wednesday by Reuters found.

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U.S. lawmakers press Facebook over Chinese data sharing

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc faced criticism on Wednesday from Republican and Democratic U.S. lawmakers who demanded that the social media company be more forthcoming about data it has shared with four Chinese firms.

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Twitter to offer $1 billion convertible note as shares rally

(Reuters) - Twitter is preparing a $1 billion convertible note offering, the social media hub said on Wednesday, one day after news that it would be included in the S&P 500 Index sent its shares up 5 percent to the highest price in more than three years.

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U.S. agency loses appeal over alleged LabMD data security lapses

WASHINGTON (Reuters) - The U.S. consumer protection agency on Wednesday lost an appeals court fight with now-defunct cancer testing company LabMD over accusations that the firm's data security was inadequate and allowed the exposure of sensitive patient information.

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Facebook enlists anchors from CNN, Fox News, Univision for news shows

SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday it would introduce U.S. news programs this year hosted by Anderson Cooper of CNN, Shepard Smith of Fox News and Jorge Ramos of Univision to try to improve the quality of news on the social network.

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GM to expand driver assistance feature to all Cadillacs in 2020

(Reuters) - General Motors Co said on Wednesday it will expand the roll-out of its driver assistance feature Super Cruise to all its Cadillac models beginning 2020.

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Source: Reuters