Reuters Technology Report: April 11, 2016

Click to View in Browser Monday, April 11, 2016 Microsoft offers first major endorsement of new EU-U.S. data pact BRUSSELS (Reuters) - Microsoft became on Monday the first major U.S. tech company to say it would transfer users' information to the United States using a new transatlantic commercial data pact and would resolve any disputes with European privacy watchdogs. Daily Mail parent in talks with private equity for Yahoo bid LONDON (Reuters) - Britain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's internet assets, as it seeks to drive up advertising income from its globally popular websites to counter shrinking print revenue. Dell's SecureWorks valued at $1.42 billion in year's first tech IPO (Reuters) - Dell Inc's [DI.Ul] cyber security unit, SecureWorks Corp, could be valued at up to $1.42 billion in its initial public offering, the first major U.S. listing of a technology company this year. In-flight Wi-Fi market heats up as satellite services come online HAMBURG (Reuters) - In-flight Wi-Fi may sound like a great way to keep in touch with friends and family or catch up on work, but services are often so slow, you're better off sticking to the in-flight magazine. Verizon wireline workers' strike to start Wednesday: unions NEW YORK (Reuters) - Verizon Communications Inc's wireline employees will go on strike starting Wednesday after reaching an impasse in talks over a new labor contract, union officials said on Monday. Brexit could boost UK financial technology firms - but only in short-term LONDON (Reuters) - Britain leaving the European Union could give fledgling financial technology companies an immediate shot in the arm but deprive them of expansion later on, industry officials said on Monday. UK's CMA voices serious concerns over Hutchison-Telefonica deal (Reuters) - UK's Competition and Markets Authority (CMA) has expressed serious concerns about the proposed merger between Hutchison 3G UK and Telefonica UK and called for the European Commission to prevent "long-term damage" to the UK mobile telecoms market. Israel to tax foreign companies' online activities JERUSALEM (Reuters) - Israel is to start collecting value added tax (VAT) and income taxes from foreign companies that do substantial business over the Internet in Israel. Jaguar Land Rover launches tech venture to test car-sharing LONDON (Reuters) - Jaguar Land Rover (JLR) launched a technology business on Monday which aims to create apps for services such as car-sharing, the latest automaker to explore ways of tapping demand for cheaper and greener ways of making short journeys. Italy aims to boost wine sales on Alibaba network ten-fold VERONA, Italy (Reuters) - Italy and Alibaba hope to boost the share of Italian wine sold on the Chinese e-commerce network 10-fold as part of wider moves to increase Italian wine exports to China where it still lags France and other wine-making peers. Related Video Genes used to extend banana lifespan Lab-created molecule could revive failing antibiotics 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