Reuters Technology Report: June 11, 2015

Click to View in Browser Thursday, June 11, 2015 Twitter CEO Dick Costolo to step down (Reuters) - Twitter Inc CEO Dick Costolo is stepping down, under pressure from investors frustrated by the Internet company's slow growth and seemingly constant shake-ups in its upper ranks. EU tax probes on Apple, Amazon, Starbucks at advanced stage: European Commission BRUSSELS (Reuters) - EU regulators' investigations into the low tax arrangements of Apple , Starbucks and Amazon in some member states are at an advanced stage and decisions could be announced in the coming months, a senior European Commission official said on Thursday. Facebook shareholders shoot down 'one share, one vote' proposal (Reuters) - A proposal to give Facebook Inc's stockholders one vote per share was rejected at the company's annual meeting, according to preliminary results. Judge casts doubt on Twitter lawsuit over surveillance SAN FRANCISCO (Reuters) - Twitter Inc's lawsuit against the U.S. Department of Justice over surveillance may not need to proceed following the recent passage of the USA Freedom Act, a U.S. judge said in an order on Thursday. Lawyer who won against Google takes privacy case to Brussels BRUSSELS (Reuters) - The lawyer who last year forced Google to remove links to defamatory information about him, is now hoping to convince the European Commission to introduce rules to make it easier for others to remove harmful information online. Oculus debuts consumer version of VR headset, partners with Xbox SAN FRANCISCO (Reuters) - Oculus, the virtual reality company owned by Facebook Inc, debuted the much anticipated consumer version of its headset on Thursday and announced a partnership with Microsoft Corp's Xbox One gaming console. U.S. court denies requests to block parts of net neutrality rules WASHINGTON (Reuters) - A U.S. federal appeals court on Thursday declined to suspend new Internet traffic regulations, rejecting the telecom industry's request to partially block the implementation of the "net neutrality" rules while they're being litigated. EU opens investigation into Amazon's e-book business BRUSSELS (Reuters) - The European Commission opened a formal antitrust investigation into Amazon's e-book business on Thursday, opening yet another front in mounting EU scrutiny of America's global tech giants. Tim Cook received complaints on Apple's bag check policy SAN FRANCISCO (Reuters) - At least two Apple Inc retail store workers complained directly to Chief Executive Tim Cook that the company's policy of checking retail employees' bags as a security precaution was embarrassing and demeaning, according to a court filing made public on Wednesday. Dataminr finance chief departs unexpectedly: sources NEW YORK (Reuters) - Dataminr Inc, a technology company that alerts traders, government officials and journalists to important tweets, has lost its chief financial officer. Related Video Whirlpool windmill produces power without blades The writing's on the wall with Phree smart pen 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