White House adviser Kudlow says making progress on China trade talks

FILE PHOTO: White House chief economic adviser Larry Kudlow speaks about the upcoming G20 during a press briefing at the White House in Washington, U.S., November 27, 2018. REUTERS/Kevin LamarqueWASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Friday that the United States and China were making progress on trade negotiations but reaching…

U.S. regulators discuss fining Facebook for privacy violations: report

FILE PHOTO: Persons hold smartphones with the Facebook logo in front of displayed "top secret" and "email" words in this picture illustration taken December 6, 2018. REUTERS/Dado Ruvic/Illustration(Reuters) - U.S. regulators have met to discuss imposing a fine against Facebook Inc (FB.O) for violating a legally binding agreement with the government to protect the privacy…

Netflix shares fall as weak forecast dampens investor optimism

(Reuters) - Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. The video streaming pioneer’s shortfall in revenue expectations disappointed investors looking for a bigger payoff from the company’s recent decision to raise prices…

Facebook sheds gains after report on potential major fine

FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration** Shares of Facebook (FB.O) paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations ** FB last up 0.25 pct after trading…