Pinterest shares soar amid reports of $39bn takeover by PayPal

Paypal approached digital pinboard site Pinterest, which has 478m active users, about possible acquisition, Bloomberg News reports

Facebook plans to change its name as part of company rebrand – report

Move could position social media app as one of many products under a parent company

CMA says firm ‘deliberately’ refused to supply information showing it had complied with order to separate businesses

Streamer beats expectations in latest quarterly results as it hails ‘mind-boggling’ numbers for Korean drama

Social network says it wants to ensure virtual world is built responsibly

Union leaders say a strike will start Monday if there is no deal with studios as workers describe low pay and grueling days without breaks

Private equity firm aims to cash in on music rights buying spree

Other lives: Business journalist for Reuters who reported from across the world

Demand for capacity grows on back of hit Netflix shows, online games and more

Philippines journalist Maria Ressa says social media firm is threat to democracy and failing to halt spread of misinformation

OAN founder said the inspiration for the channel came from AT&T executives but the company disputes the reports

Publisher BMG takes on shares of recordings and image management of ‘queen of rock’n’roll’ in its biggest single artist deal

Shutdown heavily impacts ability to communicate and do business for many of platform’s 2.8 billion users