Reuters Technology Report: February 1, 2016

Click to View in Browser Monday, February 1, 2016 Alphabet posts revenue above expectations, shares rise (Reuters) - Google parent Alphabet Inc reported better-than-expected quarterly revenue on Monday, boosted by strong sales of advertising on mobile devices and YouTube. Yahoo to cut 15 percent jobs, close several units: WSJ (Reuters) - Yahoo Inc Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 percent of its workforce, or roughly 1,600 jobs, and closing several business units, the Wall Street Journal reported on Monday. OPPO, Vivo snap at Apple's heels in China mobile market SINGAPORE/HONG KONG (Reuters) - Beyond China few may have heard of OPPO or Vivo, but these local handset vendors are rising up the rankings in the world's largest smartphone market, using local marketing savvy and strong retail networks in lower-tier cities. White House welcomes Facebook move to block private gun sales WASHINGTON (Reuters) - The Obama administration on Monday welcomed Facebook Inc's move last week to prohibit users from using its services to coordinate person-to-person private sales of firearms. EU, U.S. fail to strike data transfer pact deal by deadline BRUSSELS (Reuters) - European and U.S. negotiators missed a deadline to agree a key data transfer pact, the European Union's executive said, with talks snagged over a new oversight role and options for European citizens to seek redress over data privacy violations. Microsoft's secret weapon for growth in the cloud: email SAN FRANCISCO (Reuters) - In reporting better-than-expected fiscal second-quarter earnings on Thursday, Microsoft Corp. CEO Satya Nadella touted his company's success in the cloud. Nokia patent sales forecast from Samsung deal hits shares HELSINKI (Reuters) - Nokia said it had settled a lengthy patent dispute with South Korea's Samsung on Monday, but investors were disappointed by the financial terms of the deal. Facebook to prohibit private firearm transactions on its service WASHINGTON (Reuters) - Facebook Inc prohibited global users from coordinating person-to-person private sales of firearms on its online social network and its Instagram photo-sharing service on Friday, countering concerns that it was increasingly being used to circumvent background checks on gun purchases. Thai junta pressures Facebook, Line to censor online posts BANGKOK (Reuters) - Thailand's military government will try to persuade media companies Facebook and Line to comply with court orders to remove content it considers harmful to peace and order, a senior official said Sunday. Nokia-Samsung patent verdict expected within days HELSINKI (Reuters) - Nokia and Samsung are expected to settle their two-year patent dispute within days, with analysts forecasting a one-time payment of hundreds of millions of euros for the Finnish company. Related Video Sharpshooting spray system cuts crop chemical use Bonsai trees 'float' using magnetic levitation 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