Technology Report: Exclusive: Britain to quiz Google and auditor again on tax

	Click to View in Browser 05/1/2013 Exclusive: Britain to quiz Google and auditor again on tax LONDON (Reuters) - Executives from Google Inc. and its auditor Ernst & Young will be called again to a British parliament committee to testify on tax, after a Reuters investigation highlighted inconsistencies in the way Google portrays its activities in Britain, the committee's chairwoman told Reuters. Lenders eye $1 billion credit line for Sharp: Nikkei (Reuters) - Mizuho Corporate Bank and Bank of Tokyo-Mitsubishi UFJ are considering a roughly 100 billion yen ($1 billion) credit facility to help electronics manufacturer Sharp Corp meet an upcoming bond redemption, the Nikkei said. Comcast reports higher profit, revenue in first quarter (Reuters) - Comcast Corp posted higher quarterly profit on Wednesday, driven by strength on the cable side of the business. Ofcom begins investigation into BT's superfast broadband (Reuters) - UK telecoms regulator Ofcom has launched a probe into whether BT Group is abusing its dominant position when pricing its superfast broadband, following a complaint by smaller rival TalkTalk Telecom Group. DreamWorks Animation to buy YouTube channel AwesomenessTV (Reuters) - DreamWorks Animation SKG Inc has agreed to buy teen- oriented YouTube network AwesomenessTV to secure an online platform to showcase family-focused movie franchises such as "Shrek" and "Kung Fu Panda." Lasers, microwave deployed in high-speed trading arms race LONDON (Reuters) - Laser beams and microwave dishes are the latest weapons in an arms race to shave milliseconds off dealing times in the shadowy world of high-speed, computerized financial trading. Fidelity Contrafund's Danoff frets over Apple rivals BOSTON (Reuters) - Fidelity Contrafund manager Will Danoff, the biggest active shareholder in Apple Inc, cut his stake in the iPhone maker 12 percent in the first quarter and cited "heightened concern" about increasing competition. T-Mobile shares rise in NYSE debut NEW YORK (Reuters) - T-Mobile US Inc shares rose 6 percent in their debut on the New York Stock Exchange on Wednesday, after the company was created by the merger of MetroPCS Communications and Deutsche Telekom AG's U.S. unit T-Mobile USA. Facebook and banks ask U.S. judge to throw out IPO lawsuit (Reuters) - Facebook Inc, its Chief Executive Mark Zuckerberg and dozens of banks asked a federal judge to throw out a lawsuit accusing the social media company of misleading investors about its financial condition before its $16 billion initial public offering a year ago. French minister says Yahoo wanted to "devour" website PARIS (Reuters) - France's industry minister said he had blocked Yahoo Inc's plan to buy a majority stake in online video website Dailymotion because the U.S. group wanted to "devour" its smaller competitor. Related Video Techquity: Google's tax issue, Facebook number to watch "A Boy and his Atom", the world's "smallest" movie Mediafile John C Abell Blackberry Q10: The key is the keyboard John C Abell Building the perfect smartwatch A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend