Reuters Technology Report: August 4, 2016

Click to View in Browser Thursday, August 4, 2016 Designers come out for Apple in patent fight with Samsung NEW YORK (Reuters) - Apple Inc deserved the hundreds of millions of dollars in damages Samsung Electronics Co Ltd paid for infringing patented designs of the iPhone, because the product's distinctive look drives people to purchase it, a group of design industry professionals told the U.S. Supreme Court on Thursday. Facebook's News Feed to show fewer 'clickbait' headlines SAN FRANCISCO (Reuters) - Facebook Inc's News Feed will show fewer "clickbait" headlines over the next few weeks, the company announced Thursday, as it seeks to establish itself as the prime web destination for news and social updates. FireEye plans layoffs as it cuts forecasts, misses sales target (Reuters) - Cybersecurity firm FireEye Inc said it planned to layoff 300 to 400 of its 3,400 workers as it announced quarterly sales on Thursday that missed its own forecast and the company also cut its full-year outlook. Zynga forecasts bookings largely below estimates; shares slump (Reuters) - "FarmVille" creator Zynga Inc forecast current-quarter bookings largely below estimates, sending its shares down as much as 12 percent in extended trading on Thursday. 'Grand Theft Auto' publisher Take-Two's revenue jumps 13 percent (Reuters) - Videogame publisher Take-Two Interactive Software Inc reported a 13 percent rise in revenue, helped by strong sales of its "Grand Theft Auto V" and "NBA 2K16" titles. Activision revenue surges on 'Overwatch' launch, 'Candy Crush' deal (Reuters) - Videogame publisher Activision Blizzard Inc reported a 50.4 percent surge in quarterly revenue on Thursday, propelled by the popularity of the newly-launched "Overwatch" game and the boost from the acquisition of "Candy Crush" maker King Digital. U.S. judge dismisses part of Alibaba counterfeit goods lawsuit NEW YORK (Reuters) - A U.S. judge on Thursday dismissed part of a lawsuit filed last year by Gucci, Yves Saint Laurent and other luxury brands accusing Chinese e-commerce company Alibaba Group Holding Ltd of promoting the sale of counterfeit goods. Symantec revenue falls (Reuters) - Antivirus software maker Symantec Corp reported a 3 percent fall in quarterly revenue as demand for its consumer security products slows down amid stiff competition. Twitter loses another corporate communications executive (Reuters) - Twitter Inc's head of corporate, revenue and policy communications, Jim Prosser, is leaving to join online lender SoFi. Germany's new electric car discount scheme draws nearly 2,000 applicants BERLIN (Reuters) - Nearly 2,000 people in Germany have applied for the government's electric car discount scheme, introduced on July 1, and a third of them are buyers of BMW models, a government agency said on Thursday. Related Video Artist turns cow dung into eco-friendly fashion What next for gravitational waves? 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