Reuters Technology Report: June 29, 2015

Click to View in Browser Monday, June 29, 2015 Microsoft to drop display ad business, cut 1200 jobs: Bloomberg (Reuters) - Microsoft Corp will close its web display advertising business, handing operations over to AOL Inc and AppNexus Inc and cutting about 1,200 jobs, Bloomberg reported. Exclusive: U.S. should spurn Russia rocket engines despite SpaceX failure - McCain WASHINGTON (Reuters) - The failure of a SpaceX rocket over Florida on Sunday should not lead U.S. officials back to Russia to look for a rocket engine that can get military equipment into space, Senate Armed Services Committee Chairman John McCain said on Monday. Google has until Aug 17 to reply to EU antitrust charges BRUSSELS (Reuters) - Google Inc has been given until mid-August to head off EU charges of abusing its market power in a dozen EU countries and stave off a possible billion-euro fine. U.S. top court declines to hear Google appeal in Oracle Java fight WASHINGTON/SAN FRANCISCO (Reuters) - Oracle Corp won a major legal victory on Monday in a closely watched copyright case involving the company's Java programing language as the U.S. Supreme Court declined to hear Google Inc's appeal. Google to alert drivers to railroad crossings using U.S. data WASHINGTON (Reuters) - Google will add audio and visual alerts to warn drivers about upcoming railroad crossings on Google's navigation system, the U.S. Federal Railroad Administration announced on Monday. Google has until August 17 to reply to EU antitrust charges BRUSSELS (Reuters) - Google Inc has been given until mid-August to head off EU charges of abusing its market power in a dozen EU countries and stave off a possible billion-euro fine. Two rival self-driving cars have close call in California MOUNTAIN VIEW, Calif. (Reuters) - (This June 25, 2015 story was changed to show attribution in the last sentence to the companies, instead of the California Department of Motor Vehicles and the companies) Samsung Electronics plans more Tizen smartphones this year: source SEOUL (Reuters) - Leading smartphone maker Samsung Electronics Co Ltd plans to launch more handsets running on its own Tizen operating system later this year, a person with knowledge of the matter told Reuters on Monday. Two Uber executives taken into police custody in France PARIS (Reuters) - French police have brought in two executives from U.S. technology company Uber for questioning as the government clamp down on the taxi and ride-sharing service intensifies, said a person from the prosecutor's office. Amazon to offer loans to sellers in China, 7 other countries CHICAGO (Reuters) - Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Related Video Study discovers sharks with positive buoyancy Music handpan opens limitless possibilities, say creators 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