Reuters Technology Report: April 26, 2016

Click to View in Browser Tuesday, April 26, 2016 Apple revenue to shrink but options traders unfazed NEW YORK (Reuters) - Apple Inc on Tuesday is likely to report its first decline in revenue in more than a decade, and analysts expect to hear bad news on iPhone sales, but traders in the options market are not running scared. Twitter reports quarterly revenue at lower end of forecast (Reuters) - Twitter Inc reported quarterly revenue at the lower end of its forecast as spending by advertisers declined. AT&T's revenue jumps 24.4 pct on DIRECTV acquisition (Reuters) - AT&T Inc , the No. 2 U.S. wireless carrier, reported a 24.4 percent jump in quarterly revenue, largely helped by the acquisition of satellite TV operator DIRECTV. FBI decides provisionally not to share iPhone unlock: sources WASHINGTON (Reuters) - The FBI has provisionally decided not to share an iPhone unlocking mechanism used by a contractor to open the phone of one of the San Bernardino shooters because the agency does not own the mechanism, two U.S. government sources said on Tuesday. EBay's revenue rises 3.7 percent (Reuters) - EBay Inc reported a 3.7 percent increase in quarterly revenue as strong demand more than made up for the impact of a strong dollar. Pentagon identifies cause of F-35 radar software issue WASHINGTON (Reuters) - The Pentagon has found the root cause of stability issues with the radar software being tested for the F-35 stealth fighter jet made by Lockheed Martin Corp, U.S. Defense Acquisition Chief Frank Kendall told a congressional hearing on Tuesday. Google, Ford, Uber launch coalition to further self-driving cars WASHINGTON (Reuters) - Alphabet Inc's Google unit , Ford Motor Co , the ride-sharing service Uber [UBER.UL] and two other companies said on Tuesday they are forming a coalition to push for federal action to help speed self-driving cars to market. T-Mobile swings to a profit driven by customer gains (Reuters) - T-Mobile US Inc on Tuesday swung to a profit and raised its 2016 forecast for customer additions, as competitively priced plans and free video streaming options helped it add over 1 million new monthly subscribers for the seventh consecutive quarter. Whirlpool posts unexpectedly low first-quarter earnings on soft emerging market demand (Reuters) - Whirlpool Corp reported lower-than-expected first-quarter earnings on Tuesday as cost and capacity reductions were offset by soft demand in emerging markets and unfavorable currency exchange rates, the company said. Online content distributor Akamai's revenue rises 7.8 percent (Reuters) - Online content distributor Akamai Technologies Inc reported a 7.8 percent rise in quarterly revenue, helped by higher demand for its cloud security services. Related Video Inside the race to create the driverless car 3D vision makes industrial robots friendly 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