Reuters Technology Report: May 12, 2016

Click to View in Browser Thursday, May 12, 2016 Apple falls below $90 as iPhone worries fester SAN FRANCISCO (Reuters) - Shares of Apple dropped below $90 on Thursday for the first time since 2014 as Wall Street worried about slow demand ahead of the anticipated launch of a new iPhone later this year. SWIFT network wasn't hacked in $81 million Bangladesh heist : CEO FRANKFURT (Reuters) - SWIFT's payment network was not hacked in the $81 million heist on the Bangladesh central bank earlier this year, SWIFT's chief executive said on Thursday, adding it was unlikely to be the last such attack on a bank. U.S., China cyber group holds first talks since September pact WASHINGTON (Reuters) - A group of senior U.S. and China cyber officials on Wednesday held its first meeting since the two countries struck an anti-hacking agreement in September to try to ease years of acrimony over the issue. 'Hyperloop' sled speeds through U.S. desert via electromagnets NORTH LAS VEGAS, Nev. (Reuters) - A car-sized sled powered by electromagnets rocketed to more than 100 miles (160 kph) an hour through the Nevada desert on Wednesday in what the Los Angeles company developing the technology said was the first successful test of a futurist transit system called hyperloop. Kinnevik CEO says to review Rocket stake in two-three years: newspaper STOCKHOLM (Reuters) - Kinnevik will review its stake in German ecommerce investor Rocket Internet in two or three years as the companies Rocket owns have developed further, the chief of the Swedish investment company was quoted as saying on Thursday. Foxconn founder tells Sharp staff layoffs needed to begin revival TOKYO/TAIPEI (Reuters) - Foxconn founder Terry Gou said there would have to be layoffs at Sharp Corp to turn around the ailing Japanese company, but pledged that wages would rise and profit-sharing would again be the norm. Hackers try to attack Merkel's party, security consultants say BERLIN (Reuters) - A group of hackers that cyber-security experts say targets critics of the Russian government has been trying since April to attack the computer systems of German Chancellor Angela Merkel's Christian Democratic Union party, a security research firm said on Wednesday. SAP CEO says sees HANA enterprise cloud break-even this year MANNHEIM, Germany (Reuters) - SAP, Europe's largest software company, expects its enterprise cloud business to break even this year, its chief executive said on Thursday. TalkTalk says back on track after cyber attack LONDON (Reuters) - British broadband operator TalkTalk said it had bounced back from a customer data theft in October, stabilizing its customer base in the final quarter after 95,000 subscribers left following the breach. Related Video App turns your phone into mental health coach Hyperloop hopes get boost in Nevada desert 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