Reuters Technology Report: May 14, 2015

Click to View in Browser Thursday, May 14, 2015 Exclusive: Avago shows interest in Xilinx, Renesas, Maxim - sources (Reuters) - Avago Technologies Ltd, looking to acquire a fellow chipmaker, has reached out to potential targets including Xilinx Inc, Renesas Electronics Corp and Maxim Integrated Products Inc, according to people familiar with the matter. Exclusive: Computer Sciences prepares to break itself up - sources (Reuters) - Technology consulting services provider Computer Sciences Corp is planning to separate its government business from its commercial information technology division, people familiar with the matter said on Thursday. Symantec quarterly revenue falls 6.6 percent (Reuters) - Antivirus and security software maker Symantec Corp reported a 6.6 percent fall in quarterly revenue, hurt by a strong dollar and lower demand for its consumer security products. King Digital's bookings forecast misses estimates, shares fall (Reuters) - King Digital Entertainment Plc , a maker of games for social media platforms and mobile devices, said changes in foreign currency hurt its gross bookings forecast for the current quarter, sending its shares down in after-market trading on Thursday. Sharp gains $1.9 billion bailout but restructuring steps disappoint TOKYO (Reuters) - Japan's Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. Amazon launches advertising platform for mobile app developers: Bloomberg (Reuters) - Amazon.com Inc launched a new advertising platform for mobile app developers to promote their apps on Android devices, Bloomberg reported. Alibaba to invest more abroad as globalization top priority: CEO Zhang BEIJING (Reuters) - Alibaba Group Holding Ltd will invest heavily in existing and new ventures abroad, making its push beyond the China market a top priority, the Chinese e-commerce leader's new CEO, Daniel Zhang, said. Toshiba eyes three-year profit markdown in accounts probe; impact seen limited, shares up TOKYO (Reuters) - Japan's Toshiba Corp said an internal probe into accounting irregularities may mean it has to mark down three years of profit by about 7 percent, soothing investor fears the investigation might blow up into a bigger accounting scandal. Playtech seeks deal with online trading platform AvaTrade (This May 13 story has been corrected to say Playtech is in talks to buy AvaTrade) Facebook raises minimum pay for contractors to $15 per hour NEW YORK (Reuters) - Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of $15 per hour amid rising tension over the wage gap between the technology sector's elite and the lower-paid workers. Related Video Live-streaming apps Persicope, Meerkat gain mass popularity The future of cuddly robots 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