Reuters Technology Report: October 19, 2015

Click to View in Browser Monday, October 19, 2015 IBM third-quarter revenue falls more than expected; cuts full-year profit forecast (Reuters) - International Business Machines Corp posted a bigger-than-expected drop in revenue for the fifth quarter in a row and lowered its full-year profit forecast, due to a strong dollar and the sale of low-margin businesses. China tried to hack U.S. firms even after cyber pact: CrowdStrike (Reuters) - Hackers associated with the Chinese government have tried to penetrate at least seven U.S. companies in the three weeks since Washington and Beijing agreed not to spy on each other for commercial reasons, according to a prominent U.S. security firm. U.S. probing reports CIA chief's personal email hacked: CNN WASHINGTON (Reuters) - The FBI and the Secret Service are investigating reports that CIA Director John Brennan's personal email had been hacked, although no classified information had been accessed, CNN said. Facebook requests a say in Austrian student's privacy case BRUSSELS (Reuters) - Facebook Inc on Monday requested the chance to voice its opinion in a legal challenge mounted by an Austrian law student against the Irish privacy regulator for refusing to investigate the U.S. company's transfers of data to the United States. SanDisk in advanced talks to sell itself to Western Digital: Bloomberg (Reuters) - Memory chipmaker SanDisk Corp is in advanced talks to sell itself to hard disk drive maker Western Digital Corp, Bloomberg reported on Monday. Apple's auto ambitions sideswipe electric motorcycle startup SAN FRANCISCO (Reuters) - Apple Inc's aggressive recruitment of auto experts as it explores building a car has left a promising, if financially troubled, electric motorcycle startup in the dust. China gives conditional approval to Nokia-Alcatel deal BEIJING/HELSINKI (Reuters) - China's Ministry of Commerce on Monday approved Nokia's proposed acquisition of French rival Alcatel-Lucent with conditions, almost completing the 15.6 billion euro ($17.6 billion) deal's antitrust process. Google offering free Apps for Work to some customers SAN FRANCISCO (Reuters) - Google Inc announced on Monday that it will offer its Apps for Work suite free to businesses currently locked into agreements with other office software vendors. Mis-selling fears hamper funds' fintech revolution LONDON (Reuters) - British fund firms are falling behind in the so-called 'fintech' revolution, fearing that a boom in investment via phone apps could spawn the next financial mis-selling scandal. Wex to acquire Electronic Funds Source for $1.1 billion (Reuters) - Payment technology company Wex Inc said it would acquire Electronic Funds Source LLC (EFS), a provider of fleet cards to transportation companies, for about $1.1 billion in cash. Related Video Super-resolution analysis tool built by Luxembourg scientists Prawn sex-change boosts male yields, say scientists 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