Reuters Technology Report: January 15, 2016

Click to View in Browser Friday, January 15, 2016 NSA says new phone spying program meets privacy safeguards WASHINGTON (Reuters) - A new system for collecting domestic telephone records meets several privacy and civil liberties benchmarks, the U.S. National Security Agency said on Friday. Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in NEW YORK (Reuters) - Major U.S. growth mutual funds have been among the largest sellers of Apple Inc shares over the past six months, fueling speculation that the company's days of supercharged growth have come to an end. U.S. Supreme Court agrees to hear Microsoft appeal in Xbox case WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to consider Microsoft Corp's bid to fend off class action claims by Xbox 360 owners who contend that the videogame console has a design defect that causes game discs to be gouged. Lead developer quits bitcoin saying it 'has failed' LONDON (Reuters) - Bitcoin slid by 10 percent on Friday after one of its lead developers, Mike Hearn, said in a blogpost that he was ending his involvement with the cryptocurrency and selling all of his remaining holdings because it had "failed". U.S. sees jump in cyber attacks on critical manufacturers (Reuters) - U.S. Department of Homeland Security investigations of cyber attacks on the nation's critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. Sprint to cut $1 bln in costs by relocating radio towers-Re/code (Reuters) - Sprint Corp plans to save up to $1 billion in costs by relocating its radio towers to low-cost government-owned properties from space leased from private firms, Re/code reported, citing sources. Yahoo says Canyon Capital letter to board contains misperceptions (Reuters) - Yahoo Inc. said on Friday that a letter sent to its board from the investor Canyon Capital contained misperceptions about the company. GE to sell appliances business to China's Haier for $5.4 billion (Reuters) - Haier Group said it would buy General Electric Co's appliance business for $5.4 billion, the Chinese company's latest attempt to boost its presence in the lucrative United States market. Facebook outsources fight against racist posts in Germany FRANKFURT (Reuters) - Facebook has hired a Bertelsmann business services unit to monitor and delete racist posts in Germany following widespread public criticism of the company for failing to do enough to halt hate speech, a spokeswoman said in Friday. SpaceX success launches space startups to new heights SAN FRANCISCO (Reuters) - SpaceX's successful landing of a reusable rocket booster last month opens a new frontier for commercial space startups by offering tremendous cost savings and attracting venture capitalists who once shied away from spatial ventures. Related Video App blends social network and virtual reality Growing vegetables via smartphone 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 2016 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