Lyft is facing a class-action lawsuit from investors who allege the ride-hailing business overstated its market position during its initial public offering. Investors said they’re owed money after buying a stake in the company, which saw its shares fall by $9.02 earlier in May. Rosen Law Firm said on Friday that investors are also arguing that Lyft’s public statements were …

Facebook has all the photos you took at your girls’ weekend at the beach. That’s no surprise, because you posted them to your profile page. But Facebook has ways to get even more information about your getaway. The company isn’t just a social network. It’s an ad network too, and it follows you around on the internet and in real …

Should Facebook be broken up? In recent weeks, some politicians in the US and even one of Facebook’s co-founders have expressed strong opinions that the world’s largest social network has grown too powerful, and that it should be split off into its component parts. But the EU, typically more heavy-handed than the US when it comes to regulating Silicon Valley …