Reuters Technology Report: May 17, 2016

Click to View in Browser Tuesday, May 17, 2016 Can virtual reality translate into real profits? NEW YORK (Reuters) - A growing number of U.S. companies are counting on virtual reality for real profits. Mozilla bid to intervene in U.S. child porn case rejected (Reuters) - A federal judge has rejected Mozilla Corp's request to force the U.S. government to disclose a vulnerability related to the Firefox web browser that the company says was exploited by the FBI to investigate users of a large and secretive child pornography website. U.S. banks push SWIFT to boost security after hacks: Bloomberg (Reuters) - Major U.S. banks are pushing the SWIFT messaging network to boost security following cyber attacks in Bangladesh and Vietnam involving fraudulent transfer requests, Bloomberg News reported on Tuesday, citing people familiar with the matter. Apple boss Cook to tap Indian software talent during maiden visit MUMBAI/NEW DELHI (Reuters) - Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware of the investment said on Tuesday, hours before Chief Executive Tim Cook's maiden visit. Oracle co-CEO says Google caused Oracle revenue to plummet SAN FRANCISCO (Reuters) - Longtime customers dramatically reduced the amount of licensing revenue they paid to use Oracle products after Google stole its copyrighted software to enter the smartphone market, Oracle's co-chief executive Safra Catz told jurors on Tuesday. Sony to build up AI as key business pillar, invests in U.S. start-up TOKYO (Reuters) - Japan's Sony Corp said it plans to build up its artificial intelligence (AI) business and eventually turn it into a major revenue source, beginning with an investment in a U.S. start-up. Microsoft says UK staying in EU important for investment LONDON (Reuters) - Microsoft said on Tuesday that Britain should stay in the European Union if it wanted to receive more investment, the same day the Confederation of British Industry urged firms to discuss the vote with staff. Thailand orders halt to Uber, Grab motor bike taxi service BANGKOK (Reuters) - Thailand has ordered Uber Technologies and Grab to halt their motorcycle taxi-hailing services, a senior transport official said on Tuesday. Vodafone returns to profit growth with pick-up in Europe LONDON (Reuters) - Vodafone expects a bigger rise in profits this year after investment in faster networks boosted demand in Europe and helped the group return to underlying revenue and core earnings growth in the year just ended, the first annual rise since 2008. Slovenian bank was recipient named in failed Vietnam cyber-heist HANOI (Reuters) - Cyber-criminals unsuccessfully tried to send money from a Vietnamese bank to a Slovenian one in December, but there have been no other cases of attempted fraudulent transfers identified in Vietnam, a top central bank official there said on Tuesday. Related Video Increasing the transplant donor pool by fixing lungs outside of the body The filling station that makes its own fuel 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