Reuters Technology Report: April 22, 2015

Click to View in Browser Wednesday, April 22, 2015 Facebook revenue growth slows, costs weigh on profit (Reuters) - Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits. EBay's quarterly revenue rises about 4 percent (Reuters) - E-commerce company eBay Inc reported a 4.4 percent rise in quarterly revenue, helped by higher revenue in its payments business, which includes PayPal. Chipmaker Qualcomm's quarterly profit plunges 46 percent (Reuters) - Mobile chip maker Qualcomm Inc's quarterly profit plunged 46 percent as it lost a key customer and its highly profitable licensing business suffered due to a Chinese government probe into its anti-competitive practices. Google rolls out new U.S. wireless service NEW YORK (Reuters) - Google Inc on Wednesday launched a new U.S. wireless service that switches between Wi-Fi and cellular networks to curb data use and keep phone bills low. Chipmaker Xilinx posts 14 percent fall in quarterly profit (Reuters) - Chipmaker Xilinx Inc reported a 14 percent fall in fourth-quarter net income, hurt by a $24 million restructuring charge. ZTE cleared of infringing InterDigital mobile phone patent NEW YORK (Reuters) - A U.S. jury on Wednesday cleared Chinese telecom equipment maker ZTE Corp of infringing a patent on transmitting data in wireless networks owned by patent licensor InterDigital Inc. U.S. Republicans move to extend spies' power to collect phone data WASHINGTON (Reuters) - In a move likely to re-ignite public debate in America over electronic spying, Republicans have introduced a bill in the Senate to extend a controversial law empowering the government's bulk collection of U.S. telephone records. F5 Networks CEO John McAdam to retire (Reuters) - Network equipment maker F5 Networks Inc said longtime Chief Executive John McAdam will retire in July and will be succeeded by Manuel Rivelo. Facebook starts testing mobile calling app 'Hello' (Reuters) - Facebook Inc said it started testing its mobile calling app 'Hello' on Android, which allows users to connect with Facebook to see the identity and information about callers even if the number is not saved on the phone. Peugeot, IBM working to connect cars to shops and servicing FRANKFURT (Reuters) - PSA Peugeot Citroen and IBM are working together to hook cars up to the Internet, going beyond mapping and infotainment to link vehicles up to shops, service networks and urban transport grids, the companies said on Wednesday. Related Video The Hubble turns 25 Morphing wings allow drones to keep flying through midair collisions Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook