Reuters Technology Report: April 29, 2016

Click to View in Browser Friday, April 29, 2016 Apple's stock suffers worst week since 2013 SAN FRANCISCO (Reuters) - Apple was set on Friday to have its worst week on the stock market since 2013, as worries festered about a slowdown in iPhone sales and after influential shareholder Carl Icahn revealed he sold his entire stake. Google faces first EU fine in 2016 with no deal on cards: sources BRUSSELS - Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said. Amazon's profit and revenue surge sweeps away doubts (Reuters) - Amazon.com Inc's shares jumped in early trading on Friday, a day after the company reported profit and revenue that swept away analysts' estimates along with doubts about the online retailer's investment spree. Exclusive: Yahoo's bidder shortlist points to cash deal -sources (Reuters) - Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar with the matter. IBM launches new cloud services for blockchain NEW YORK (Reuters) - IBM on Friday announced new services to help companies design and develop blockchain technology in a secure environment in the cloud, a network of computers where users are increasingly storing their data and computing work. Uber vs. Ola: How fight for Indian taxi market ended up in court NEW DELHI (Reuters) - A flurry of complaints from Uber drivers about an unusually high number of canceled bookings was the spark that ignited a bitter legal fight with Ola, Uber's rival for dominance of India's $12 billion taxi market, according to court documents and a source with direct knowledge of Uber's case. U.S. high court approves rule change to expand FBI hacking power WASHINGTON (Reuters) - The Supreme Court on Thursday approved a rule change that would let U.S. judges issue search warrants for access to computers located in any jurisdiction despite opposition from civil liberties groups who say it will greatly expand the FBI's hacking authority. Rovi to buy DVR maker TiVo for $1.1 billion NEW YORK (Reuters) - Rovi Corp, a provider of digital television guides, said on Friday it would buy video recorder pioneer TiVo Inc in a $1.1 billion deal that brings together two video software players with deep patent portfolios. Indonesian ride-hailing firm Go-Jek needs more funds in market fight-CEO JAKARTA (Reuters) - Indonesian online ride-hailing service Go-Jek is in talks with potential investors to raise fresh funds to expand the business, as the heavy subsidies it gives to drivers to keep rates competitive are unsustainable in the long run, its chief executive said on Friday. FBI paid under $1 million to unlock San Bernardino iPhone: sources WASHINGTON (Reuters) - The FBI paid under $1 million for the technique used to unlock the iPhone used by one of the San Bernardino shooters - a figure smaller than the $1.3 million the agency's chief initially indicated the hack cost, several U.S. government sources said on Thursday. Related Video After glitch, Russia launches first rocket from new cosmodrome Lebanese women design website to report sexual harassment in Beirut 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