Alphabet, the parent company of Google, quit China eight years ago in protest at government censorship.
But reports emerged last month that Google had been secretively working on a new Chinese search engine which is referred internally as Dragonfly. The platform would block certain websites and search terms like human rights and religion, the report said.
Shares of Alphabet were down 1.3% at US$1,190.41.
Companies that retailing behemoth Amazon.com (NASDAQ:AMZN) were thrashing are starting to fight back, with standout results being posted by Walmart Inc (NYSE:WMT) and Nordstrom Inc (NYSE:JWN) in the recent days, a CNBC report said.
CNBC said retail stocks that have been hammered by Amazon have begun to benefit from higher US consumer spending, tax cuts and job growth. Walmart reported strong sales and profits, with online sales climbing 40%.
Amazon shares were off by 1.2% to US$1,863.27.
The 16-year old teen downloaded large internal files and accessed customer accounts, according to statements from his lawyer. He saved them in a folder named "hacky hack hack" as he appeared in court and pleaded guilty to the hacking.
Around 90 gigabytes of files were downloaded before the hack was traced and he was blocked.
Apple shares were up 0.9% to US$215.17.
A report by the New York Times said some government officials, researchers and advertising executives are calling for restrictions on its use in politics even after Facebook recently limited some of the targeting categories in response to criticism about the practice.
Facebook's massive reach, vast holdings of user data and easy to use advertising system have made it attractive for political microtargeting, the report said.
The company's shares were down 1.03% to US$172.90.
Variety said the US$100mln deal follows the departure of Barris from ABC over creative differences.
Netflix shares declined 2.2% to US$315.20.