Reuters Technology Report: October 28, 2015

Click to View in Browser Wednesday, October 28, 2015 Apple defies China slowdown fears with strong iPhone sales Apple Inc reported blockbuster iPhone sales in China, suggesting that worries about the company's growth trajectory in the world's second-largest economy are overdone. White House urges Congress to finalize cyber bill ABOARD AIR FORCE ONE (Reuters) - The White House on Wednesday praised U.S. senators for passing key portions of cyber security legislation aimed at protecting the nation from computer hacks and urged them reach a final measure with counterparts in the House of Representatives. Twitter's results show its turnaround Moment still far off (Reuters) - Twitter Inc may be counting on Moments to drive growth, but the moment for celebrating a turnaround still looks far off. GoPro third-quarter revenue misses hurt by lower demand in Americas (Reuters) - GoPro Inc reported a lower-than-expected rise in quarterly revenue, hurt by lower demand for its wearable cameras in the Americas. Verizon says Internet of Things revenue at $500 million year-to-date NEW YORK (Reuters) - Verizon Communications Inc is trying to pave the way for developers to connect more devices to the Web, as its "Internet of Things" business has touched $500 million so far this year, an executive said on Wednesday. Yelp revenue beats Street on higher advertising sales (Reuters) - Yelp Inc reported a bigger-than-expected 40 percent jump in quarterly revenue as more local businesses advertised on Yelp.com, its consumer review website. Retailer-backed mobile wallet CurrentC expands U.S. customer test LAS VEGAS (Reuters) - A retailer-backed mobile wallet that rivals Apple Inc's Apple Pay has expanded its customer test to 200 stores at 12 large retailers in Ohio, its chief executive officer said on Wednesday. IBM, looking to cloud, to buy Weather Company's digital assets (Reuters) - International Business Machines Corp said on Wednesday it would buy the Weather Company's digital assets to boost its Watson cloud and Internet of Things platforms. Toshiba to sell sensor business to Sony, overhaul chip unit TOKYO (Reuters) - Japan's Toshiba Corp said on Wednesday it will sell its image sensor business to Sony Corp and overhaul its unprofitable semiconductor businesses as it works to recover from a $1.3 billion accounting scandal. Nintendo second-quarter profit dips, keeps outlook on smartphone plans TOKYO (Reuters) - Japan's Nintendo Co reported a weaker-than-expected operating profit for the July-September quarter but maintained its outlook for the full year, citing firm sales of Nintendo 3DS consoles and its planned entry into smartphone games. Related Video Dog robot copes with tough terrain Underwater robot to raise ocean awareness 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