Reuters Technology Report: May 22, 2015

Click to View in Browser Friday, May 22, 2015 Microsoft, Salesforce talks fell through on pricing: CNBC (Reuters) - Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. Founder of Facebook's Oculus hit with lawsuit SAN FRANCISCO (Reuters) - The founder of virtual reality glasses maker Oculus VR Inc, acquired by Facebook Inc for $2 billion, has been accused of taking confidential information he learned while working with another company and passing it off as his own, according to a lawsuit filed this week. Contest for Nokia's HERE seen as a three-way race NECKARSULM, Germany (Reuters) - The contest for Nokia's maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said. Audi will enhance Chinese connected-car services with Baidu NECKARSULM, Germany (Reuters) - Germany's Audi will enhance connected-car services in China to meet growing demand for driver-assistance systems and driverless technology in the world's largest auto market. Adult online dating site reports data security breach of member information (Reuters) - An online dating site for adults seeking sexual trysts has been hacked, potentially compromising the personal information of some of its 64 million members, the company said on Friday. U.S. moves to facilitate social media in Crimea WASHINGTON (Reuters) - The U.S. Treasury Department on Friday authorized American businesses and individuals to facilitate personal communications over the Internet like social media, instant messaging and photo sharing in Crimea, annexed by Russia from Ukraine last year. French court sets rules for alternative taxis such as Uber PARIS (Reuters) - France's highest administrative court on Friday approved two out of three main restrictions on private chauffeured vehicle services such as Uber that were introduced last year after complaints from traditional cab drivers of unfair competition. China's Didi Kuaidi ups stakes in taxi apps war BEIJING (Reuters) - China's dominant taxi-hailing firm Didi Kuaidi will spend 1 billion yuan ($161.39 million) on promotions, the company said on Friday, in an aggressive expansion that will help lure in riders and fend of rivals like U.S. firm Uber Technologies Inc. Uber in talks with banks for $1 billion credit facility: WSJ (Reuters) - Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter. Toshiba extends accounting probe to three more business units TOKYO (Reuters) - Japan industrial conglomerate Toshiba Corp said on Friday it would investigate accounting practices in its TV, computer and chip businesses, extending a probe already under way into irregularities that led to profits being overstated by at least $415 million in recent years. Related Video NYC real estate going through a cultural earthquake- Dolch Saffron could help combat dengue, says Brazilian study 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