Reuters Technology Report: Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

Click to View in Browser Friday, October 20, 2017 Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S. SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. 'Anemic' iPhone 8 demand drags Apple shares lower (Reuters) - Apple Inc's shares fell nearly 3 percent on Thursday on signs of weak demand for the iPhone 8 that caused analysts and investors to question the company's staggered release strategy for its latest phones. EU opens investigation into Chinese e-bike imports BRUSSELS (Reuters) - The European Commission on Friday launched an investigation into the import of electronic bikes (e-bikes) from China after European producers complained that they are being sold at excessively low prices with the help of unfair subsidies. SoftBank's big checks are stalling tech IPOs LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year. Billions in tax breaks offered to Amazon for second headquarters (Reuters) - Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters. PayPal tops profit estimates, lifts target on mobile payments growth (Reuters) - Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year. Ride hailing firm Grab secures up to $700 million in debt facilities SINGAPORE (Reuters) - Singapore-headquartered Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $700 million to help expand its car rental program. Google offers bug bounty to clean up mobile apps SAN FRANCISCO (Reuters) - Google is offering security experts a bounty to identify Android app flaws as the Alphabet Inc unit seeks to wipe out bugs from its Google Play store. U.S. lawmakers want crackdown on Facebook, Twitter political ads WASHINGTON (Reuters) - U.S. lawmakers, alarmed that foreign entities used the internet to influence last year's election, introduced legislation on Thursday to extend rules governing political advertising on television, print and radio to also cover social media like Facebook Inc . Facebook to launch news subscription feature, some big names opt out (Reuters) - Facebook Inc said on Thursday it has signed up 10 news publishers including the Washington Post and The Economist to take part in a trial that gives its mobile app users access to a limited number of articles a month and then the option to subscribe via the publishers' own websites. Related Video Moving machinery using mind power alone Operating factory robots with virtual reality 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