Each company will invest around $10 million in a consortium that will govern the cryptocurrency, the WSJ reported, citing people familiar with the matter. The money will fund the creation of the coin, which will be pegged to a basket of government-issued currencies, the report said.
The EU antitrust chief, however, gave a cautious welcome to Google's measures to boost competition and give Android users a choice of browsers and search apps, suggesting the company's regulatory woes may be coming to an end.
Qualcomm needs to post a bond of 668.4 million euros or $765 million before it can begin proceedings to enforce the order. Apple said it would pull some phones from its stores while it pursued an appeal.
Facebook's announcement comes a day after Twitter said it will ban ads from RT and Sputnik, two state-sponsored Russian news outlets. Twitter also has said it will require election-related ads for candidates to disclose who is paying for them and how they are targeted.