Reuters Technology Report: February 11, 2016

Click to View in Browser Thursday, February 11, 2016 Earnings bolster Cisco, but raise concerns for broader IT spending SAN FRANCISCO (Reuters) - Networking giant Cisco Systems Inc reported it is weathering a global slowdown in information-technology spending, but signs potential customers are putting some projects on hold exacerbated concerns about broader IT growth. Google developing virtual reality headset: WSJ (Reuters) - Google is developing a virtual reality headset that works without a smartphone or computer, The Wall Street Journal reported, citing people familiar with the matter. Lyft settlement with drivers still in play as judge asks questions SAN FRANCISCO (Reuters) - A proposed settlement between Lyft and its drivers came under close scrutiny from the U.S. judge overseeing it on Thursday, an indication that the agreement that maintains drivers as independent contractors is still in play. Direct reservations help TripAdvisor book profit beat (Reuters) - Travel review website operator TripAdvisor Inc reported better-than-expected quarterly revenue and profit as more users reserved hotels using a new system that allows direct bookings from its website. Pandora in talks to sell itself: New York Times (Reuters) - Online music streaming service Pandora Media Inc has held discussions about selling itself, the New York Times reported, citing people briefed on the talks. Activision Blizzard's profit miss overshadows 'Call of Duty' success (Reuters) - Activision Blizzard Inc reported quarterly revenue and profit that missed analysts' estimates, as strong sales of its latest "Call of Duty" videogame failed to offset lackluster demand for role-playing title "Skylanders: SuperChargers". Twitter disappoints investors as user growth hits wall (Reuters) - Twitter Inc reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company to reverse the trend. UK lawmakers tell Google to come clean on tax LONDON (Reuters) - UK lawmakers accused Google on Thursday of trying to fool Britons into believing it was a proponent of tax reform while remaining a prime beneficiary of loopholes in existing rules, and said if it was sincere the company would be more transparent over its tax affairs. UK's far-reaching surveillance plans need to change: lawmakers LONDON (Reuters) - The British government has significant work to do to justify its plans to allow the authorities to spy on the public's internet use, a powerful committee of lawmakers said on Thursday, calling for changes to the far-reaching surveillance bill. Related Video Twitter has a new timeline for you Care and Cure: Engineering the future of diabetes treatment 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