Reuters Technology Report: February 10, 2016

Click to View in Browser Wednesday, February 10, 2016 Yahoo announces first round of layoffs as it trims 15 percent of workforce SAN FRANCISCO (Reuters) - Yahoo Inc announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts. Tesla says expects to become profitable in 2016 (Reuters) - Tesla Motors Inc forecast deliveries of Model S sedans and Model X SUVs that topped analysts' estimates and said it expects to turn in a profit in 2016, sending its shares 15 percent higher in after-hours trading. Disappointing show by HBO, Turner drags down Time Warner (Reuters) - Time Warner Inc reported a bigger-than-expected drop in quarterly revenue as subscription revenue for its cable channel HBO and Turner television network disappointed Wall Street, sending the company's shares down as much as 9.8 percent. Cisco beats profit estimates, adds $15 billion to buyback (Reuters) - Network equipment maker Cisco Systems Inc reported a bigger-than-expected quarterly profit, helped by higher demand for its routers and security products, and added $15 billion to its share buyback program. Twitter user growth stalls in fourth quarter (Reuters) - Twitter Inc's said average monthly active users stalled in the fourth quarter - the first flat quarter sequentially since the company listed in 2013. Google says U.S. guidance crucial to development of self-driving cars WASHINGTON/DETROIT (Reuters) - Alphabet Inc's Google unit told U.S. auto safety regulators that the government's interpretation of motor vehicle safety rules is "extremely important" to its further development of fully self-driving cars. Google to scrub web search results more widely to soothe EU objections BRUSSELS (Reuters) - Google will start scrubbing search results across all its websites when accessed from a European country to soothe the objections of Europe's privacy regulators to its implementation of a landmark EU ruling, a person close to the company said. 'FarmVille' creator Zynga forecasts lower-than-expected bookings (Reuters) - "FarmVille" creator Zynga Inc forecast lower-than-expected bookings in the current quarter, as the company expects to release only one game in the period. U.S. lawmakers seek to bar states from mandating encryption weaknesses WASHINGTON (Reuters) - U.S. House of Representatives lawmakers will introduce bipartisan legislation on Wednesday that would prohibit states from requiring tech companies to build encryption weaknesses into their products. Storyful editor to join Facebook to manage journalism partnerships NEW YORK (Reuters) - The managing editor of News Corp's social media news agency Storyful said on Wednesday she is leaving to manage journalism partnerships at Facebook Inc , as the social network broadens its push into news. Related Video Care and Cure: Engineering the future of diabetes treatment Amazon logistics – stepping up the pressure 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