Reuters - Technology Report

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Thursday, July 9, 2015

25 million records affected by hacking: U.S. personnel office

WASHINGTON (Reuters) - The U.S. Office of Personnel Management said on Thursday that hackers had stolen sensitive information - including Social Security numbers - of about 21.5 million people who have undergone background checks for security clearances since 2000.

China fears propel Apple shares toward five-day losing streak

SAN FRANCISCO (Reuters) - Apple Inc's stock was heading toward its first five-session losing streak since January on Thursday as investors worried about the economic health of China, a key market for iPhones.

Uber pushes back against California driver lawsuit

SAN FRANCISCO (Reuters) - A lawsuit filed by drivers against ride service Uber should not proceed as a class action, the company argued in a court filing on Thursday, citing written statements of support from hundreds of other Uber drivers in a case that could decide whether they are independent contractors or employees.

Thomas H. Lee in the lead to buy eBay's enterprise unit: sources

(Reuters) - Private equity firm Thomas H. Lee Partners LP is in advanced talks to acquire the enterprise business of eBay Inc for close to $1 billion, according to people familiar with the matter.

U.S. court invalidates Versata patent in $391 million case

NEW YORK (Reuters) - A U.S. appeals court on Thursday upheld the cancellation of a software patent owned by Versata Inc that previously led to a $345 million jury verdict against its German rival SAP SE.

Former Tencent employees, including Alibaba executive, held in graft probe

BEIJING (Reuters) - China's leading social network and online media company Tencent Holdings Ltd said late on Thursday that around half a dozen former employees had been detained by the authorities as part of an ongoing graft investigation.

Most U.S. smartphone owners check devices at least hourly: survey

(Reuters) - More than half of U.S. smartphone owners check their devices a few times an hour or more, and most Americans have their smartphones with them all day and many all night, according to a Gallup report released on Thursday.

Ex-Maker Studios CEO Zappin sees $5 billion valuation for new venture

(Reuters) - Two years after his messy departure from Maker Studios, the YouTube network he co-founded, Internet entrepreneur Danny Zappin has big plans for his newest venture, Zealot Networks.

Canadian software startup Influitive raises $30.5 million

TORONTO (Reuters) - Canadian startup Influitive, a marketing-software provider, has raised $30.5 million in funding as it looks to finance growth and expand into Europe and Asia, its top executive said on Thursday.

Vodafone inks deal to offer Mediaset content to Italian clients

MILAN (Reuters) - British mobile phone giant Vodafone has reached an agreement with Mediaset to offer pay-TV content of the Italian broadcaster to its customers in the southern European country, the two companies said in a joint statement on Thursday.