Reuters Technology Report: April 22, 2016

Click to View in Browser Friday, April 22, 2016 Microsoft, Google agree to drop complaints against each other (Reuters) - Microsoft Corp and Alphabet Inc's Google have reached a deal to withdraw all the regulatory complaints against each other, the companies told Reuters. Uber drivers remain independent contractors as lawsuit settled SAN FRANCISCO (Reuters) - Uber has agreed to pay up to $100 million to settle a class-action lawsuit which resolves a major challenge to its business model by allowing the ride-hailing service to keep its California and Massachusetts drivers as independent contractors. Alphabet drops most in three years after first quarter but analysts upbeat (Reuters) - Ruth Porat couldn't have been clearer: Alphabet Inc's chief financial officer said on Thursday that Google's parent needed to step up investment to boost traffic. Apple's book, film services go dark in China BEIJING (Reuters) - Apple Inc's online book and film services have gone dark in China, after Beijing introduced regulations in March imposing strict curbs on online publishing, particularly for foreign firms. FBI paid more than $1.3 million to break into San Bernardino iPhone WASHINGTON (Reuters) - Federal Bureau of Investigation Director James Comey said on Thursday the agency paid more to get into the iPhone of one of the San Bernardino shooters than he will make in the remaining seven years and four months he has in his job. EU lawmaker seeks bigger clean tech fund, targeted CO2 permits BRUSSELS (Reuters) - The European Union should boost its clean technology fund and adopt a more targeted approach to allocating free carbon permits to keep industry from moving abroad to avoid pollution curbs, a leading EU carbon policymaker said on Friday. In Asia, Netflix trips on regulation, content, and competition SEOUL/JAKARTA (Reuters) - Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week. Dutch police seize encrypted communication network with 19,000 users AMSTERDAM (Reuters) - Dutch police on Friday said they have arrested the owner of a company that provided encrypted communications for a network of 19,000 customers and shut its operations down, saying they believed it was being used for organized crime. Dell SecureWorks, 2016's first tech IPO, fizzles on Wall Street (Reuters) - SecureWorks Corp's lackluster debut on Friday hardly registered as a victory for the battered technology IPO market, as the cyber unit of Dell Inc raised less than the company had sought in its public offering and saw its stock price dip. GOME says opens store on Amazon.com's China online marketplace HONG KONG (Reuters) - China's GOME Electrical Appliances Holding Ltd has opened a store on Amazon.com Inc's online marketplace in the mainland, as China consumer-focused firms make a push towards integrating online and store-based shopping. Related Video First tech IPO of 2016 has volatile start Water harvester goes on display 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