Reuters Technology Report: July 19, 2016

Click to View in Browser Tuesday, July 19, 2016 Strong cloud business boosts Microsoft's quarterly results (Reuters) - Microsoft Corp reported higher quarterly adjusted revenue, driven mainly by growth in the company's cloud business. IBM's full-year earnings forecast greeted with skepticism (Reuters) - IBM Corp has given itself a tall order - a full-year profit target many analysts think it will have trouble meeting. Brazil top court suspends ruling blocking WhatsApp message app SAO PAULO (Reuters) - Brazil's Federal Supreme Court on Tuesday suspended a ruling by a low-tier judge ordering wireless phone carriers to block access to Facebook Inc's WhatsApp, the third such decision against the popular phone messaging app in eight months. BlackBerry inks security software deals, shares slip NEW YORK/TORONTO (Reuters) - BlackBerry Ltd sought to bolster its security credentials with a string of small deals on Tuesday but analysts said the jury was still out on the success of its turnaround and push into software. Intuitive Surgical second-quarter profit jumps past expectations (Reuters) - Intuitive Surgical Inc on Tuesday reported much higher than expected second-quarter profit, driven by an increase in sales of its da Vinci surgical robots and in procedures using the pricey machines, and its shares rose more than 5 percent. SoftBank bid for ARM catches some hedge funds off guard LONDON (Reuters) - A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings when SoftBank Group's surprise $32 billion bid sent shares in the British chip designer surging nearly 50 percent. Nintendo's market cap doubles to $42 billion since Pokemon GO launch TOKYO (Reuters) - Shares of Japan's Nintendo Co soared another 14 percent on Tuesday, more than doubling the firm's market capitalization to 4.5 trillion yen ($42.5 billion) in just seven sessions since the mobile game Pokemon GO was launched in the United States. Netflix subscriber miss stirs doubts about growth plan LOS ANGELES (Reuters) - Netflix Inc's disappointing second-quarter subscriber growth and forecast raised questions about whether the streaming video pioneer can pick up the pace of its global expansion, Wall Street analysts said. Tesla shortens web address, mum on formal name change DETROIT (Reuters) - Electric vehicle maker Tesla Motors Inc has changed its internet address from teslamotors.com to tesla.com, hinting at a possible company name change as part of CEO Elon Musk's latest and still undisclosed "master plan." Ubisoft confident of shareholders support to rebuff Vivendi PARIS (Reuters) - French video games maker Ubisoft is confident that a majority of shareholders will back its independence from media giant Vivendi, Chief Financial Officer Alain Martinez said on Tuesday. Related Video New drug aims to sting killer bee disease Machine mixes hands-on sculpting with 3D printing 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