Reuters Technology Report: April 20, 2016

Click to View in Browser Wednesday, April 20, 2016 EU hits Google with second antitrust charge BRUSSELS - The European Union charged Google on Wednesday with using its dominant Android mobile operating system to squeeze out rivals, opening a second front against the U.S. technology giant that could result in large fines. Qualcomm profit forecast misses estimates on lower chip shipments (Reuters) - U.S chipmaker Qualcomm Inc forecast third-quarter profit below analysts expectations as it expects a drop in chip shipments, its biggest business. Microsoft says game over for Xbox 360 (Reuters) - Microsoft Corp said on Wednesday it would stop production of its popular Xbox 360 video game console, which helped the company gain a firm foothold in the market. Daily Mail says may partner to bid for Yahoo (Reuters) - The parent of Britain's Daily Mail said on Wednesday it had not submitted it's own bid to buy Yahoo Inc's core Internet business, but was still in talks to partner with other suitors of the U.S. company. Snapchat's Bob Marley look-alike feature sparks Twitter backlash NEW YORK (Reuters) - A new filter on messaging app Snapchat that allows users to look like the late reggae singer Bob Marley sparked a backlash on social media on Wednesday, with many on Twitter calling it racially insensitive. How Swedish start-up Neo Technology helped crack the Panama Papers STOCKHOLM (Reuters) - Every start-up hopes for a lucky break. Swedish company Neo Technology only found out it was getting one the day the Panama Papers made headlines around the world. U.S. reluctant to change data pact after EU watchdogs' concerns BRUSSELS - The United States does not want to change the substance of a data transfer pact agreed in February with the European Commission, a senior official said, after EU privacy watchdogs voiced concerns over elements of the deal. Exclusive: Hutchison rules out more EU remedies to secure O2 bid - sources LONDON/MADRID (Reuters) - Ck Hutchison Holdings will not offer EU regulators further concessions to secure a takeover of Telefonica's O2 and is ready to challenge a rejection of its bid, sources familiar with the matter said. F5 Networks says to buy back additional $1 billion in shares (Reuters) - Network equipment maker F5 Networks Inc reported a slightly higher second-quarter revenue and said it would buy back an additional $1 billion worth shares. Exclusive: Verizon set to make Yahoo's bidder short list - sources (Reuters) - Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. Related Video Drones could speed up HIV tests in remote areas Eye tracking for rapid concussion test 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