Reuters Technology Report: June 21, 2016

Click to View in Browser Tuesday, June 21, 2016 Facebook signs deals with media firms, celebrities for Live: WSJ (Reuters) - Facebook Inc has signed deals worth more than $50 million with media companies and celebrities to create videos for its live-streaming service, the Wall Street Journal reported. Samsung Electronics says to invest $1.2 billion in U.S. for 'internet of things' SEOUL (Reuters) - Samsung Electronics Co Ltd , the world's top smartphone maker, said on Tuesday it plans to invest about $1.2 billion in the United States over the next four years on so-called internet of things (IoT) technologies. Adobe third-quarter revenue forecast largely below Wall St. estimates (Reuters) - Photoshop maker Adobe Systems Inc forecast third-quarter revenue largely below analysts' estimates, sending the company's shares down 4.5 percent after the bell on Tuesday. Uber close to settling U.S. lawsuit over tips for drivers: filing SAN FRANCISCO (Reuters) - Ride service Uber is close to settling a class-action lawsuit over allegations it misled customers on how it shares gratuities with drivers, according to a court filing on Tuesday. Twitter allows users to share 140-second videos (Reuters) - Twitter, known for its 140-character limit on tweets, is now allowing users to post longer videos - of up to 140 seconds. Proposals to curb online speech viewed as threat to open internet SAN FRANCISCO/ TORONTO (Reuters) - At least a dozen countries are considering or have enacted laws restricting online speech, a trend that is alarming policymakers and others who see the internet as a valuable medium for debate and expression. Uber and Lyft rivals rush to Texas capital after fingerprint fight AUSTIN, Texas (Reuters) - About a half dozen ride-hailing firms have rushed into Texas tech hub Austin after market leaders Uber and Lyft left the city last month in a huff over municipal requirements that they fingerprint drivers. Merkel urges EU measures to safeguard computer chip production BERLIN (Reuters) - The production of computer chips and batteries in Europe should be excluded from EU rules on state aid, German Chancellor Angela Merkel said on Tuesday. New U.S. rules on small low-altitude commercial drones WASHINGTON (Reuters) - In a move that stopped short of allowing package deliveries by unmanned aircraft, the Obama administration unveiled landmark rules on Tuesday that will open the skies for low-level small drones for education, research and routine commercial use. China's Tencent buys 'Clash of Clans' maker Supercell for $8.6 billion BEIJING/HELSINKI/TOKYO (Reuters) - China's biggest gaming group Tencent Holdings Ltd is to buy a majority stake in 'Clash of Clans' mobile game maker Supercell from SoftBank Group Corp in a deal valued at roughly $8.6 billion. Related Video Insect scans could help control citrus killing bug Meet South Korea's cyber army 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