Technology Report: Twitter forecasts soft fourth-quarter revenue, shares slide

	Click to View in Browser 10/27/2014 Twitter forecasts soft fourth-quarter revenue, shares slide SAN FRANCISCO (Reuters) - Twitter Inc's quarterly revenue surpassed expectations but it forecast fourth-quarter sales that may miss targets, sending its shares more than 8 percent lower. Exclusive: Amazon buys comedy service Rooftop Media to expand digital content NEW YORK (Reuters) - Amazon.com Inc is buying online comedy service Rooftop Media, a small deal that underscores the Internet retailer's broader ambition of becoming a media and entertainment powerhouse. Rite Aid becomes latest retailer to shut off Apple Pay CHICAGO (Reuters) - U.S. drugstore chain Rite Aid Corp will ban Apple Inc's new electronic payments service in its 4,572 stores as it commits to joining a consortium of other large retailers developing a rival payments system. Schwab to offer free 'robo-advice' plan in first quarter 2015 NEW YORK (Reuters) - Charles Schwab Corp confirmed on Monday that it will introduce free automated investment plans picked by computer algorithms in the first quarter of 2015. Finding hidden gems in cities and countries with new apps TORONTO (Reuters) - News apps are helping users share information about sights and hidden gems in cities and countries around the globe so other people can benefit from their knowledge. Seagate profit, revenue beat Street on PC, cloud demand (Reuters) - Hard-disk drive maker Seagate Technology Plc's quarterly profit and revenue beat the average analyst estimate as demand increased for its personal computer and cloud storage products. CVS Health, Rite Aid block Apple Pay in their stores: NYT (Reuters) - Drug retailers CVS Health Corp and Rite Aid Corp have disabled Apple Inc's new electronic payments service Apple Pay from their stores over the weekend, the New York Times reported. EU clears Dolby to buy cinema technology group Doremi BRUSSELS (Reuters) - Dolby Laboratories on Monday received EU clearance for its acquisition of digital cinema technology group Doremi, the European Commission said. German Amazon workers called to strike in pay dispute FRANKFURT (Reuters) - Labor union Verdi has called on workers at online retailer Amazon to go on strike at five locations across Germany, as a row over pay and conditions continues. Samsung scales down LED lighting as outlook dims SEOUL (Reuters) - Samsung Electronics Co Ltd said on Monday that it will cease its light emitting diode (LED) lighting business outside of South Korea, scaling back what was identified as a key growth business just four years ago. Related Video The cost of saying no way to Apple Pay CurrentC no threat to Apple Pay- Moorhead Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend