An alternative proposal by Washington on how to tax digital giants worldwide has been met with "concern" by several nations, the OECD group of free-market economies said Friday.

Facebook agreed to pay $550 million over a privacy lawsuit as shares dropped even with the social media giant reporting stronger than forecast earnings.

Britain on Tuesday gave the green light to a limited role for Chinese telecoms giant Huawei in the country's 5G network, in a decision it said was necessary for developing its future digital economy but one that left the United States "disappointed" after it called for a total ban.  

China and the United States may have laid down their arms for now in a trade truce, but their technological rivalry is still raging, raising the specter of a high tech cold war.

The United States pressed France on Wednesday to take "strong security measures" against potential breaches from 5G services provided by Chinese telecommunications firm Huawei, saying failure to do so could imperil intelligence exchanges.

Police arrested two men in the Netherlands and Northern Ireland suspected of trying to sell some 12 billion stolen user names and passwords via an online website, Dutch police said Friday.

Dutch computer chip machine manufacturer ASML found itself on Friday at the center of a row between Beijing and Washington over the delivery of a hi-tech system to China.

Japanese car giant Toyota said Thursday it is investing nearly $400 million in a company working on commercializing electric flying cars for "fast, quiet and affordable air transportation services."

Amazon boss Jeff Bezos on Friday promised to create a million new jobs in India in a farewell love letter to the country, after ending a tough visit that reportedly included a snub by Prime Minister Narendra Modi.

Popular dating apps like Tinder and Grindr are sharing the personal data of their users to third parties in breach of EU regulations, a Norwegian consumer rights group said Tuesday.

A new report by the Norwegian Consumer Council (NCC) details how Grindr, which markets itself as the "world's largest social networking app for gay, bi, trans and queer people," shares the GPS data, IP addresses, ages and genders of its users with a multitude of third-party companies to help them improve advert targeting.