Reuters Technology Report: July 16, 2015

Click to View in Browser Thursday, July 16, 2015 Google profit trumps estimates on ad revenue growth BENGALURU/SAN FRANCISCO (Reuters) - Google Inc posted a better-than-expected profit for the first time in the last six quarters, as advertising revenue jumped for the largest Web search engine, lifting its stock about 10 percent on Thursday. Apple faces U.S. class-action lawsuit by employees over bag searches SAN FRANCISCO (Reuters) - Apple Store employees who sued Apple Inc over bag searches at the iPhone maker's 52 brick and mortar outlets in California had their case certified as a class-action by a federal judge on Thursday. Amazon says Prime Day orders beat last year's Black Friday (Reuters) - Amazon.com Inc said customers ordered 34.4 million items worldwide during its highly publicized Prime Day sale, breaking the record set by last year's Black Friday sale. Where Apple leads, payment wristbands ready to tap 'wearables' boom LONDON (Reuters) - New payment technologies such as Apple Pay and FC Barcelona wristbands carrying a digital wallet will increasingly mean bank customers ditch cards and cash for wearable technology, experts predict. U.S. FCC set to reject Dish entities' $3.3 billion auction discounts: WSJ (Reuters) - The U.S. Federal Communications Commission is set to reject $3.3 billion worth of discounts requested by partners of Dish Network Corp, SNR Wireless and NorthStar Wireless, in the government's $45 billion airwave auction earlier this year, the Wall Street Journal reported, citing sources. Facing AT&T, America Movil pledges free roaming, $6 billion network upgrade MEXICO CITY (Reuters) - Mexican telecoms giant America Movil, controlled by billionaire Carlos Slim, will respond to a challenge from U.S. carrier AT&T by offering some subscribers free calls to and data in the United States, and will also invest $6 billion in its network in Mexico, its chief executive said on Thursday. Start-up VMK launches production of 'Made in Congo' phones BRAZZAVILLE (Reuters) - Republic of Congo's homegrown tech start-up VMK this week launched a production unit of its mobile phones in Congo and aims to assemble some 4 million phones annually, the company's chief executive Verone Mankou said on Thursday. Qualcomm faces EU antitrust probes over tactics to block rivals BRUSSELS/FRANKFURT (Reuters) - European Union antitrust regulators are investigating whether one of the world's biggest chipmakers, Qualcomm, uses illegal tactics to shut out rivals, six years after slapping a record 1 billion euro ($1.09 billion) fine on Intel for a similar offense. Netflix seen adding more viewers with strong content, new markets (Reuters) - Netflix Inc's accelerating subscriber growth signals the video streaming service has much more room to expand, with some analysts seeing it tripling its subscribers to 200 million within a few years, driven by international expansion. Ebay revenue jumps 7 percent in last push from PayPal (Reuters) - E-commerce company eBay Inc reported a 7 percent jump in net revenue, boosted by higher demand in the PayPal Holdings Inc payments business it plans to spin off on Friday. Related Video Designers build spiral staircase to the treetops Chimaera device paves way for wireless pain relief 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