Reuters Technology Report: May 25, 2016

Click to View in Browser Wednesday, May 25, 2016 HP Inc's revenue misses Wall Street on weak PC, printer sales (Reuters) - HP Inc , which houses the former Hewlett-Packard Co's legacy hardware business, reported lower-than-expected quarterly revenue as it struggles with weak demand for personal computers and printers. Exclusive: In Ecuador cyber heist, thieves moved $9 million to 23 Hong Kong firms HONG KONG/CHICAGO (Reuters) - Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through 23 companies registered in Hong Kong, some of them with no clear business activity, according to previously unreported court filings and judicial rulings. Exclusive: Apple explores charging stations for electric vehicles SAN FRANCISCO (Reuters) - Apple Inc is investigating how to charge electric cars, talking to charging station companies and hiring engineers with expertise in the area, according to people familiar with the matter and a review of LinkedIn profiles. Exclusive: Bangladesh probes 2013 hack for links to central bank heist DHAKA (Reuters) - Bangladesh police are reviewing a nearly forgotten 2013 cyber heist at the nation's largest commercial bank for connections to February's $81 million heist at the country's central bank, a senior law enforcement official said on Wednesday. Irish privacy watchdog refers Facebook's U.S. data transfers to EU court BRUSSELS/DUBLIN (Reuters) - Data transfers to the United States by companies such as Facebook and Google face a renewed legal threat after the Irish privacy watchdog said on Wednesday it would refer Facebook's data transfer mechanisms to the top EU court. India says Apple must sell locally-sourced goods to set up stores: source NEW DELHI (Reuters) - India has said Apple Inc must meet a rule obliging foreign retailers to sell at least 30 percent locally-sourced goods if it wishes to open stores in the country, a senior government official told Reuters. Google self-driving car unit will open engineering center in Michigan (Reuters) - Alphabet Inc's Google self-driving car project said Wednesday it will launch this year a new technology development center in suburban Detroit. SEC investigating Alibaba's accounting practices (Reuters) - Alibaba Group Holding Ltd said it was being investigated by the U.S. Securities and Exchange Commission over whether the Chinese e-commerce company's accounting practices violated any federal laws. EU to pursue checks on web platform deals with businesses BRUSSELS (Reuters) - The European Commission will check on whether it should do more to curb possible unfair practices in the terms of use set by web platforms such as Google, Amazon and Apple Inc's App Store. Court strikes down U.S. FCC broadcaster sales rules WASHINGTON (Reuters) - A U.S. federal appeals court on Wednesday struck down regulations aimed at cracking down on joint sales agreements by local broadcasters, saying an overall review of media ownership rules was long overdue and needed to be completed first. Related Video 3D-printed wheelchair tailor-made for the perfect fit e-Car chargers get a ring from Apple 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