Reuters Technology Report: March 25, 2016

Click to View in Browser Friday, March 25, 2016 U.S. attempt to unlock San Bernardino iPhone could impact N.Y. case: Apple NEW YORK (Reuters) - Apple Inc said the U.S. Justice Department's new attempts to unlock an iPhone used by one of the San Bernardino shooters without the tech giant's help could eliminate the government's need for its assistance in a similar dispute in New York. Uber profits elsewhere support 'sustainable' spending in China: CEO BOAO, China (Reuters) - Ride hailing app company Uber Technologies Inc [UBER.UL] is generating more than $1 billion in profit a year in its top 30 cities globally, and partly using that money to bankroll its expansion in China, Chief Executive Travis Kalanick said in an interview. Microsoft told potential Yahoo bidders it might back bids: report (Reuters) - Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer "significant financing" for their efforts, tech news site Recode reported on Thursday. Verizon says security breach leads to customer data leak (Reuters) - Verizon Communications Inc said an attacker had exploited a security vulnerability on its enterprise client portal to steal contact information of a number of customers. China hopes ZTE can be removed from U.S. export restriction list as soon as possible SHANGHAI (Reuters) - China's commerce ministry said on Friday it hoped telecom equipment maker ZTE Corp could be removed as soon as possible from a U.S. list of companies slapped with tough export restrictions this month. Sharp warns on earnings as takeover talks with Foxconn drag on TOKYO (Reuters) - Sharp Corp said its annual earnings were likely to fall short of its official guidance citing a slowing China market, a factor that Taiwan's Foxconn is expected to use to lower its offer for the loss-making Japanese display maker. Microsoft's AI Twitter bot goes dark after racist, sexist tweets (Reuters) - Tay, Microsoft Corp's so-called chatbot that uses artificial intelligence to engage with millennials on Twitter, lasted less than a day before it was hobbled by a barrage of racist and sexist comments by Twitter users that it parroted back to them. Netflix admits to downgrading video quality on AT&T, Verizon phones: WSJ (Reuters) - Netflix Inc said it had been lowering the quality of its video for customers watching its service on wireless networks such as AT&T and Verizon Communications for more than five years, The Wall Street Journal reported on Thursday. U.S. indicts Iranians for hacking dozens of banks, New York dam WASHINGTON/BOSTON (Reuters) - Seven Iranian hackers conducted a coordinated cyber attack on dozens of U.S. banks, causing millions of dollars in lost business, and tried to shut down a New York dam, the U.S. government said on Thursday in an indictment that for the first time accused individuals tied to another country of trying to disrupt critical infrastructure. Starboard launches proxy fight to remove entire Yahoo board Activist hedge fund Starboard Value LP moved on Thursday to overthrow the entire board of Yahoo Inc , including Chief Executive Marissa Mayer, who has struggled to turn around the company in her nearly four years at the helm. Related Video U.S. Navy tug found off California, 95 years later Yahoo gets wakeup call, entire board targeted 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