Reuters Technology Report: June 23, 2016

Click to View in Browser Thursday, June 23, 2016 Behind Tesla carnage, signs of support for Musk's SolarCity deal (Reuters) - Some of Tesla Motor Inc's biggest investors have signaled support for CEO Elon Musk's plan to buy solar power company SolarCity Corp , although the electric car maker's stock cratered on Wednesday, lopping more than the $2.8 billion value of the proposed deal off Tesla's market capitalization. Behind those Amazon Prime boxes, a bull market in warehouses NEW YORK (Reuters) - With Amazon and other e-commerce sites continuing to take market share from malls and other physical retailers, U.S. mutual fund managers are upping their bets on an overlooked part of the online shopping boom: warehouses. Saudi prince aims for Silicon Valley appeal to gleam at home DUBAI/RIYADH (Reuters) - The powerful young prince behind modernizing reforms in Saudi Arabia presents himself as the champion of his nation's plugged-in youth, and his visit to Silicon Valley this week sought to bolster that image. Tech 'unicorn' Twilio leaps in debut (Reuters) - Shares of software maker Twilio Inc surged as much as 72 percent in their debut on Thursday, raising hopes that investor appetite for U.S. tech IPOs is finally returning. HP, Apple top list of tech companies fighting forced labor risk NEW YORK (Thomson Reuters Foundation) - HP Inc and Apple Inc topped a list issued on Thursday ranking how well technology companies combat the risk of forced labor in their supply chains. Accenture revenue beats on strong demand for digital services (Reuters) - Accenture Plc posted better-than-expected quarterly net revenue, driven by demand for its digital services like cloud and security, particularly in its consulting unit. BlackBerry CEO confident on handset profit; results top expectations WATERLOO, Ontario/TORONTO (Reuters) - BlackBerry Ltd Chief Executive John Chen expressed confidence on Thursday that he can make the company's trimmed-down handset business profitable by a self-imposed September deadline, as the smartphone pioneer posted results that beat expectations. Kuka investor tenders stake to Chinese bidder: sources BERLIN/FRANKFURT (Reuters) - German mechanical engineering group Voith [VOITH.UL] is selling its 25.1 percent stake in robotics maker Kuka to Chinese bidder Midea, paving the way for the merger to go through smoothly, people close to the deal said on Thursday. Qatar uses 3D printers to make World Cup stadiums 'desert-proof' DOHA (Reuters) - Scientists at Qatar University are testing 3D-printed models of football stadiums that Qatar is building for the 2022 World Cup to see if they can endure the Gulf state's punishing desert climate. Related Video Human skin cells used in animal-free cosmetic tests Solar plane lands in Spain after Atlantic crossing 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