Reuters - Technology Report

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Thursday, April 14, 2016

Microsoft sues U.S. government over data requests

SAN FRANCISCO (Reuters) - Microsoft Corp has sued the U.S. government for the right to tell its customers when a federal agency is looking at their emails, the latest in a series of clashes over privacy between the technology industry and Washington.

U.S. government worse than all major industries on cyber security: report

WASHINGTON (Reuters) - U.S. federal, state and local government agencies rank in last place in cyber security when compared against 17 major private industries, including transportation, retail and healthcare, according to a new report released Thursday.

Instagram to add video channels to 'Explore' section

(Reuters) - Facebook's picture sharing app Instagram is updating its "Explore" section to add video channels that will appear in a feed according to users' preferences.

Rocket Internet vows to limit losses after 2015 cash burn

BERLIN (Reuters) - German ecommerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).

Business money talks for wary venture funds focused on tech start-ups

STOCKHOLM (Reuters) - Tech start-ups aimed at businesses rather than consumers are winning more funding from increasingly wary venture capital investors who want to see a return on their cash sooner rather than later.

Apple to donate a portion of App Sales to support the environment

(Reuters) - Apple Inc will donate sales of select apps in April to the World Wildlife Fund amid its growing focus on environmental issues, the company announced.

Chinese firms extend deadline on $1.28 billion offer for Opera Software

OSLO (Reuters) - A group of Chinese internet firms who made a cash offer in February for Norwegian mobile phone browser and advertising firm Opera Software, valuing it at $1.28 billion, have extended the offer as it has not reached the required level of acceptances.

Argentina's Macri sides with taxis as Uber arrives in Buenos Aires

BUENOS AIRES (Reuters) - Argentina's biggest city vowed to punish Uber Technologies Inc on Thursday for defying a ban and President Mauricio Macri showed solidarity with cab drivers as the ride-hailing company opened a new front in its battle with the taxi industry.

ProSieben's video service uses personal touch to fight competition

FRANKFURT (Reuters) - German on-demand video service Maxdome is hiring staff to provide more personalized recommendations to users, trying to fend off rivals such as Netflix and Amazon Prime which are battling for a share of a growing market‎.

Shaw Communications posts slight rise in quarterly revenue

(Reuters) - Canada's Shaw Communications Inc posted a 3 percent rise in quarterly revenue as it added more retail Internet customers.