Reuters Technology Report: June 6, 2016

Click to View in Browser Monday, June 6, 2016 U.S. Supreme Court lets Google advertising class action suit proceed WASHINGTON (Reuters) - The U.S. Supreme Court on Monday let stand a lower court's decision to allow a class action lawsuit against Google Inc to proceed regarding claims that the company deceived California advertisers about the placement of Internet ads through its Adwords service. Facebook founder Zuckerberg's social media accounts restored after alleged hack (Reuters) - Facebook Chief Executive Mark Zuckerberg's Twitter and Pinterest accounts have been resecured, a spokesman from the social media platform said on Monday, responding to questions about weekend media reports that the founder's sites had been hacked. Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million DHAKA/NEW YORK (Reuters) - Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter. T-Mobile offers a share of itself to customers, launches gift app (Reuters) - T-Mobile US Inc said on Monday it will give a share of the wireless company's stock to customers who hold a postpaid or monthly account for free to turn its customers into shareholders. United Technologies Aerospace 6 percent growth, eyes M&A WINDSOR LOCKS, Conn. (Reuters) - United Technologies Aerospace Systems expects compound annual revenue growth to average 6 percent over the next five years, and is looking for acquisitions in four key areas, an executive said on Monday. Oracle whistleblower suit raises questions over cloud accounting SAN FRANCISCO (Reuters) - A whistleblower lawsuit filed against Oracle Corp over its accounting practices underscores the pressures established computer companies face to show that they are growing in the fast-moving business known as the cloud. Deutsche Bank discards plans for U.S. digital bank -memo FRANKFURT (Reuters) - Deutsche Bank is discarding plans to set up a new digital banking service in the United States for fear of the move hampering a sweeping overhaul aimed at restoring the lender's fortunes after a damaging string of financial scandals. Chinese target Kuka would assess any European bid: report BERLIN (Reuters) - German industrial robot maker Kuka would assess a possible European takeover bid but it is wrong to assume such an offer would take priority over the bid by China's Midea Group Co Ltd's , Chief Executive Till Reuter told Frankfurter Allgemeine Sonntagszeitung. Deutsche Bank discards plans for U.S. digital bank -memo FRANKFURT (Reuters) - Deutsche Bank is discarding plans to set up a new digital banking service in the United States for fear of the move hampering a sweeping overhaul aimed at restoring the lender's fortunes after a damaging string of financial scandals. Wal-Mart says tech investments will boost online sales FAYETTEVILLE, Ark. (Reuters) - Wal-Mart Stores Inc executives touted the technology investments the world's No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday. Related Video Courtship dance of the Australian Peacock Spider Nexar App hopes to steer you clear of bad drivers 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