IBM CEO Arvind Krishna announced today that the company would no longer sell facial recognition services, calling for a “national dialogue” on whether it should be used at all. He also voiced support for a new bill aiming to reduce police violence and increase accountability.

A South Korean court on Tuesday declined to issue an arrest warrant for the heir to the country's Samsung empire over a controversial merger of two business units seen as a key step to his succession, AFP reports.

Energy giant BP announced on Monday that its global workforce will be cut by 10,000 jobs following the widespread economic fallout from the coronavirus pandemic and the resulting slump in oil prices, news wires reported. The company’s current global workforce is 70,000.

Facebook chief executive Mark Zuckerberg on Friday promised to review the social network's policies that led to its decision to not moderate controversial messages posted by US President Donald Trump.

Google was sued on Tuesday in a proposed class action accusing the Internet search company of illegally invading the privacy of millions of users by pervasively tracking their Internet use through browsers set in “private mode.”

After posting a first-quarter net loss of €2.1bn, Lufthansa vowed to step up up restructuring measures, news wires reported. “In view of the very slow recovery in demand, we must now take far-reaching restructuring measures,” CEO Carsten Spohr said, adding the group was in talks with labour representatives over cutbacks.

VW Group is investing $2.6bn in capital and assets into Argo AI, the Pittsburgh-based autonomous vehicle start-up that burst onto the scene two years ago with $1bn in backing from Ford, news wires reported. Separately, the companies announced plans to expand their global alliance to include electric vehicles. The alliance covers collaborations outside of Volkswagen and Ford’s joint investments in Argo AI, according to the announcement.

Google has rejected demands it pay hundreds of millions of dollars per year in compensation to Australian news media under a government-imposed revenue sharing deal. The company's top executive in Australia said Google made barely Aus$10 million (US$6.7 million) per year from news-linked advertising, a fraction of a government watchdog's estimates for the sector.

Four US senators, including a China hawk, urged the Federal Trade Commission (FTC) on Friday to investigate allegations that Chinese-owned popular video app TikTok violated a consent decree protecting children’s privacy.

Volkswagen AG plans to boost its electric push in China, the world’s biggest auto market, by pumping €2.1bn in two Chinese electric vehicle players. The deals come as global rivals such as General Motors, Toyota and Tesla Inc seek to expand electric sales in the Chinese car market.