Reuters Technology Report: November 18, 2015

Click to View in Browser Wednesday, November 18, 2015 LG Elec seeks U.S. prime time for next-gen TV SEOUL (Reuters) - The world's No.2 TV maker, South Korea's LG Electronics Inc, is betting that chopping prices almost in half before the U.S. year-end holiday season will create enough buzz to push its next-generation TV technology mainstream. Facebook says it froze user named Isis by mistake NEW YORK (Reuters) - Facebook Inc said it erroneously disabled the personal account of a user named Isis Anchalee for about a day, an action the user claims was due to her name being spelt the same as the acronym used for the Islamic State extremist group. Square IPO set to price Wednesday in highly watched deal SAN FRANCISCO (Reuters) - Mobile payments company Square Inc is set to price shares for its initial public offering late Wednesday in what is expected to be a harbinger for how other highly valued tech companies are received in their public debuts. Sprint to halve bills for those who switch from rival networks (Reuters) - Customers who switch to Sprint Corp from Verizon, AT&T and T-Mobile will have to pay only half of what they pay for their existing plans, the No.4 U.S. carrier said in a bid to lure users to its network ahead of the holiday season. Cloud software maker Salesforce adjusted profit beats estimates (Reuters) - Salesforce.com Inc reported a quarterly adjusted profit above market expectations, driven by higher demand for its web-based sales and marketing software. Nokia CEO says Alcatel buy will increase its 5G firepower FRANKFURT (Reuters) - Nokia's planned takeover of rival network gear maker Alcatel-Lucent will give it far greater scope to invest in new technologies like 5G mobile equipment while cutting costs, its chief executive said on Wednesday. Microsemi hikes offer for PMC-Sierra, which prefers Skyworks' bid (Reuters) - Chipmaker Microsemi Corp on Wednesday raised its offer to buy PMC-Sierra Inc again, two days after PMC-Sierra said it deemed Skyworks Solutions Inc's proposal superior to Microsemi's previous bid. Yahoo a new target in NY daily fantasy sports probe: source (Reuters) - A probe by New York State's attorney general into the fast-growing, multibillion-dollar daily fantasy sports industry has been expanded to include online media giant Yahoo Inc , a person familiar with the matter said on Tuesday. TutorGroup raises $200 million in Series C funding (Reuters) - Online education provider TutorGroup said it raised about $200 million in Series C equity funding, valuing the privately owned company at over $1 billion. Power chip maker ON Semi to buy Fairchild to head off competition (Reuters) - ON Semiconductor Corp is to buy Fairchild Semiconductor International Inc for $2.4 billion to bolster its business of making power-management chips, the latest in a rapidly consolidating industry. Related Video Worm species is distant human relative Spoonful of sugar helps power fuel cell 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