Reuters Technology Report: October 14, 2015

Click to View in Browser Wednesday, October 14, 2015 Netflix adds fewer U.S. subscribers than forecast; shares fall (Reuters) - Video-streaming service provider Netflix Inc reported U.S. subscriber additions below its own forecast, which the company attributed to the ongoing transition to chip-based credit and debit cards. Apple faces $400 million in damages in university patent case: sources NEW YORK (Reuters) - Apple's potential damages in a patent fight with the University of Wisconsin's licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got under way on Wednesday, two people familiar with the case said. Twitter poaches Google executive Kordestani for chairman post BENGALURU/SAN FRANCISCO (Reuters) - Twitter Inc lured Google Inc executive Omid Kordestani to become the social media company's executive chairman, the latest step in the company's turnaround efforts under Jack Dorsey, who last week was named permanent CEO. Intel's data center business seen rebounding in 2016 (Reuters) - Intel Corp's move to cut growth forecast for its highly profitable business that makes chips used in data centers may have disappointed investors, but analysts see the unit rebounding next year as more users take to cloud services. Shopify partners with Uber to ensure same-day delivery (Reuters) - Canadian e-commerce platform Shopify Inc said on Wednesday it was partnering with taxi-hailing service Uber [UBER.UL] to help merchants deliver goods to customers on the same day in New York City, Chicago and San Francisco. Toshiba likely to bless a SanDisk-Western Digital deal: analysts (Reuters) - Toshiba, SanDisk's partner in making memory chips, is more likely to sign off on a potential takeover of SanDisk by hard drive maker Western Digital than by rival memory chip maker Micron, analysts said. Internet gap hinders small firms in poor countries, study shows GENEVA (Reuters) - A study of small and medium-sized businesses around the world has found that one of the main reasons they underperform - especially in poorer countries - is that they make too little use of the Internet. Analog Devices, Maxim Integrated in merger talks: Bloomberg (Reuters) - Analog chipmaker Analog Devices Inc has approached smaller rival Maxim Integrated Products Inc on a possible combination, Bloomberg reported, citing sources. Samsung Electronics unveils second Tizen-powered smartphone SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd unveiled on Wednesday the second smartphone powered by the its own Tizen operating system, its latest bid to increase the popularity of its own software ecosystem. Peter Thiel, others help home remodeling startup BuildZoom raise $10.6 million (Reuters) - Peter Thiel, the Silicon Valley investor who co-founded PayPal and invested in Facebook in 2004, has now invested in BuildZoom, a Y Combinator-backed startup that helps U.S. customers find contractors for remodeling projects. Related Video Solar plane prepares for Amazon mission Israeli engineer designs grounded drone delivery service 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