Reuters Technology Report: May 26, 2016

Click to View in Browser Thursday, May 26, 2016 Snapchat raises $1.81 billion in new funding round (Reuters) - Messaging app Snapchat has raised $1.81 billion in funding, the company reported in a U.S. regulatory filing on Thursday, a sign that investor interest is strong despite concerns among some venture capitalists that the platform is struggling to attract advertisers. Alphabet's Google beats Oracle in U.S. Android trial SAN FRANCISCO (Reuters) - A U.S. jury handed Alphabet's Google a major victory on Thursday in a long-running copyright lawsuit against Oracle Corp, saying the law allowed Google's use of Oracle's software to create its Android smartphone operating system. Two Twitter senior execs to leave in latest management shuffle (Reuters) - Twitter Inc said senior executives Jana Messerschmidt and Nathan Hubbard are planning to leave the company in its latest management shuffle. Symantec says SWIFT malware linked to attack in Philippines (Reuters) - The malware that was used to steal $81 million from Bangladesh's central bank has been linked to another cyber attack, this time on a bank in the Philippines, cyber security company Symantec Corp said in a blog post on Thursday. Microsoft, Facebook to build transatlantic subsea cable (Reuters) - Microsoft Corp and Facebook Inc have agreed to jointly build a subsea cable across the Atlantic Ocean to meet growing demand for high-speed cloud and online services. GameStop's profit forecast misses estimates; shares drop (Reuters) - GameStop Corp, the world's largest retailer of video games, forecast current-quarter profit below analysts' estimates, sending its shares down 10 percent in after-hours trading. Finnish government criticizes Microsoft for job cuts, 'broken promises' HELSINKI (Reuters) - The Finnish government on Thursday criticized Microsoft Corp for its latest job cuts in the Nordic country, saying it had failed to keep promises made two years ago of making Finland a hub and keeping research and development jobs. Lenovo reports first loss in six years, eyes Chinese share listing HONG KONG (Reuters) - China's Lenovo Group Ltd , the world's biggest maker of personal computers, reported its first loss in six years on Thursday, hit by exceptional acquisition and restructuring costs as well as weak sales for its smartphones business. Amazon to deliver fresh food in Berlin soon: Manager Magazin BERLIN (Reuters) - Amazon plans to start deliveries of fresh food in Berlin in coming months, a magazine reported on Thursday, as the ecommerce giant extends its foray into groceries beyond its home market. EU governments agree new roaming rules for Netflix, Amazon BRUSSELS (Reuters) - European subscribers to online video streaming services like Netflix, Amazon Video and Sky will be able to access the services when visiting other countries within the European Union under proposals agreed by member states on Thursday. Related Video EU gene editing dilemma continues Brightest laser blows up water in a cinematic first 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