Reuters Technology Report: April 6, 2017

Click to View in Browser Thursday, April 6, 2017 How artificial life spawned a billion-dollar industry LONDON (Reuters) - Scientists are getting closer to building life from scratch and technology pioneers are taking notice, with record sums moving into a field that could deliver novel drugs, materials, chemicals and even perfumes. Australian regulator sues Apple alleging iPhone 'bricking' SYDNEY (Reuters) - Australia's consumer watchdog has sued Apple Inc alleging it used a software update to disable iPhones which had cracked screens fixed by third parties. Twitter creates 'lite' version for data-starved users SAN FRANCISCO (Reuters) - Twitter Inc is launching a faster version of its mobile service on Wednesday aimed at people with sporadic connections or little data on their smartphone plans, hoping to pick up users in harder-to-reach emerging markets. China court orders Samsung units to pay $11.6 million to Huawei over patent case HONG KONG (Reuters) - A Chinese court has ordered Samsung Electronics's mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies [HWT.UL] for patent infringement, the China firm's first victory against Samsung on its legal challenges over intellectual property. Facebook to use photo-matching to block repeat 'revenge porn' SAN FRANCISCO (Reuters) - Facebook Inc is adding tools on Wednesday to make it easier for users to report so-called "revenge porn" and to automatically prevent the images from being shared again once they have been banned, the company said. Big miners have trouble joining technology revolution SANTIAGO/LONDON (Reuters) - Mining companies chasing the kind of technological breakthroughs made long ago in the manufacture of cars and mobile phones have unveiled eye-catching innovations ranging from vast drills and remote-controlled trucks to second-by-second data analysis. Taser changes name to Axon in shift to software services SAN FRANCISCO (Reuters) - Taser International Inc , maker of the eponymous device used by police to stun and incapacitate a person temporarily, is changing its name to Axon as it pushes further into the software business. Financial institutions risk 24 percent revenue loss from fintech: PwC NEW YORK (Reuters) - Large financial institutions across the world could lose 24 percent of their revenues to financial technology companies over the next three to five years, according to a new study by PricewaterhouseCoopers. U.S. judge warns Uber in Waymo self-driving car case SAN FRANCISCO (Reuters) - A U.S. judge on Wednesday warned Uber Technologies Inc it could face a court injunction that would bar a key Uber executive from working on its self-driving car project, in a high-profile case filed by Alphabet Inc's Waymo unit. Apple aims for more control, less cost as it accelerates in chip design SAN FRANCISCO (Reuters) - Apple Inc's decision to stop licensing graphics chips from Imagination Technologies Group Plc is the clearest example yet of the iPhone maker's determination to take greater control of the core technologies in its products - both to guard its hefty margins and to position it for future innovations, especially in so-called augmented reality. Related Video Artificial life spawns billion dollar industry Imagination Tech: Not the last Apple supplier casualty 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 2017 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