Reuters Technology Report: May 10, 2016

Click to View in Browser Tuesday, May 10, 2016 Senate committee questions Facebook over news selection (Reuters) - A U.S. Senate committee launched an inquiry on Tuesday into how social media website Facebook selects its news stories after a report that company employees blocked news about conservative issues from its "trending" list. Google, Oracle compete for innovation label in Android retrial SAN FRANCISCO (Reuters) - Oracle Corp and Google faced off on Tuesday in a $9 billion intellectual property retrial, with Oracle accusing Google of stealing programming to become the world's leading smartphone player and Google saying it acted legally as a true innovator. Uber to offer union representation to New York City drivers NEW YORK (Reuters) - Uber [UBER.UL] will join with the International Association of Machinists to launch an independent guild to represent drivers of the ride-hailing service in New York City, company officials said on Tuesday. Amazon takes aim at YouTube with new video service (Reuters) - Amazon.com Inc launched a service on Tuesday that allows users to post videos and earn royalties from them, setting up the world's biggest online retailer to compete directly with Alphabet Inc's YouTube. Caught in the act: Thai university uncovers high-tech student cheats BANGKOK (Reuters) - A university in Thailand has caught a group of students using smart watches and cameras concealed in glasses to cheat during entrance exams, forcing the cancellation of the tests for others. Japan Display warns of bigger year-on-year loss on slow iPhone sales TOKYO (Reuters) - Apple Inc supplier Japan Display Inc warned on Tuesday of a bigger loss in the just-ended business year compared to the previous year as sluggish demand for iPhones dragged down sales of its display panels. SWIFT rejects Bangladeshi claims in cyber heist, police stand firm (Reuters) - SWIFT has rejected allegations by officials in Bangladesh that technicians with the global messaging system made the nation's central bank more vulnerable to hacking before an $81 million cyber heist in February. Alibaba's Taobao steps up measures to fight fake luxury goods HONG KONG (Reuters) - Alibaba Group Holding Ltd's online shopping platform Taobao is tightening controls on the sales of luxury goods, requiring sellers to show proof of authenticity, as it fights sales of fake items on one of China's top online platforms. Nokia stock falls 7 percent after vague long-term profit outlook HELSINKI/FRANKFURT (Reuters) - Nokia's sales of network traffic equipment fell more than expected in the first quarter and will decline this year, the Finnish company said, as buyers hold off orders while it merges operations with recently purchased rival Alcatel Lucent. U.S. investigates security of mobile devices WASHINGTON (Reuters) - The Federal Communications Commission and Federal Trade Commission have asked mobile phone carriers and manufacturers to explain how they release security updates amid mounting concerns over security vulnerabilities, the U.S. agencies said on Monday. Related Video Thai students caught high-tech cheating on exams New 360 degree scanner could cut airport queues 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