Reuters Technology Report: May 5, 2016

Click to View in Browser Thursday, May 5, 2016 Little risk for Google in retrial vs Oracle over Android SAN FRANCISCO (Reuters) - Even if a jury orders Alphabet Inc's Google to pay the full $8.8 billion sought by Oracle Corp in an upcoming San Francisco copyright trial over the Android operating system, shareholders and analysts say it will likely have little impact on the search giant's bottom line. SAP teams up with Apple to bring SAP's HANA to iOS (Reuters) - Apple Inc is taking another step into the corporate computing world by partnering with SAP to develop apps that run the German company's widely used business software on smartphones and tablets, the two companies said on Thursday. Alibaba's revenue soars, but new ventures hit profit (Reuters) - Alibaba Group Holding Ltd, China's biggest e-commerce company, said fourth-quarter sales rose 39 percent after its core online shopping business grew, but profit fell for the first time as it spent on ventures like food delivery. Striking union workers protest at Verizon shareholder meeting NEW YORK (Reuters) - Dozens of Verizon Communications Inc landline workers, on strike since mid-April after contract talks hit an impasse, marched on the company's annual shareholder meeting in Albuquerque, New Mexico, on Thursday. Sumner Redstone's ex-girlfriend must sway judge on incompetence claim SAN FRANCISCO/LOS ANGELES (Reuters) - Sumner Redstone's much-discussed mental state will be dissected in public during a trial set to start on Friday, as an ex-girlfriend tries to convince a Los Angeles judge that the 92-year-old media mogul is incompetent in the culmination of a salacious, months-long legal drama. Dorsey's Square posts 51.4 percent jump in revenue (Reuters) - Square Inc , the mobile payments company run by Twitter Inc Chief Executive Jack Dorsey, reported a 51.4 percent jump in quarterly revenue, as customers processed more transations through the company's network. NY regulator approves Winklevoss bid to trade digital currency ether NEW YORK (Reuters) - The New York State Department of Financial Services has approved the application of Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, to trade digital currency ether on its bitcoin exchange, New York Governor Andrew Cuomo announced on Thursday. Enel close to making offer for fiber network firm Metroweb: sources MILAN (Reuters) - Italian utility Enel is close to presenting an offer for a controlling stake in fiber network company Metroweb as part of plans to roll out a high-speed Internet network, two sources familiar with the matter said on Thursday. Exclusive: Big data breaches found at major email services - expert FRANKFURT (Reuters) - Hundreds of millions of hacked user names and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security expert told Reuters. U.S. tech firms urge presidential candidates to embrace trade, high-tech visas WASHINGTON (Reuters) - Thirteen U.S. industry groups representing technology companies Amazon.com Inc , Uber Technologies Inc, Apple Inc , Facebook Inc and others are pushing for the next U.S. president to support the Trans-Pacific Partnership (TPP) trade deal and to make it easier to hire high-tech workers from abroad, according to a joint letter seen by Reuters. Related Video Nasal spray device could help those with schizophrenia Why tax funding slows down high-speed trains 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