Technology Report: Apple to begin iPhone trade-ins this month - report

	Click to View in Browser 06/6/2013 Apple to begin iPhone trade-ins this month - report SAN FRANCISCO (Reuters) - Apple Inc will start a program this month to allow users to trade their older iPhones for the newest model, Bloomberg cited people familiar with the plan as saying, a first for the company as it prepares to introduce a new version of the smartphone. Obama administration defends massive phone record collection WASHINGTON (Reuters) - The Obama administration on Thursday defended its collection of a massive amount of telephone records from at least one carrier as part of U.S. counterterrorism efforts, re-igniting a debate over privacy even as it called the practice critical to protecting Americans from attacks. Twitter partners with world's largest ad agency (Reuters) - Twitter and WPP, the world's largest advertising agency, have combined forces to better focus advertising by using consumer data. Credit Suisse seen poised for leading role in Alibaba IPO HONG KONG (Reuters) - Credit Suisse is expected to take a leading role in the anticipated IPO of China's Alibaba Group, according to people familiar with the matter, a coveted position that would yield massive fees for the bank as rivals jostle for a role in the offer. Congressman seeks to legalize online gambling nationwide LOS ANGELES (Reuters) - A Republican congressman on Thursday introduced legislation to allow online gambling on a federal level, which he says will give consumers more uniformity than legalizing it on a state-by-state basis. Apple to sell audio ads on 'iRadio' music service: sources SAN FRANCISCO (Reuters) - Apple Inc is gearing up to sell audio ads on a music-streaming service it intends to unveil at its developers conference next week, according to people familiar with the plan, going up against Google Inc and Pandora Media Inc in the increasingly competitive market for mobile tunes. Analysis: After tech success, Israel seeks life sciences growth HERZLIYA, Israel (Reuters) - Inspired by its success in high-tech electronics and software, Israel is hoping to pull off the same trick in life sciences. Ciena expects strong demand from cloud, mobile computing (Reuters) - Network equipment maker Ciena Corp said it expects strong growth in cloud computing and higher use of smartphones, and forecast stronger-than-expected revenue for the current quarter. Hon Hai to split off connector unit in July -sources TAIPEI (Reuters) - Taiwan's Hon Hai Precision Industry Co plans to split off its connector business into a separate entity next month as the unit struggles with dull computer demand, according to two sources familiar with the matter. Amazon launches "marketplace model" in India (Reuters) - Amazon.com Inc has launched its "marketplace model" in India, a country that has big potential for online retailing. Related Video Techquity: Mobile and cloud computing boost networkers Techquity: Apple hiring, Facebook staying power Mediafile Paul Smalera Video Transcript: Cory Booker on Tech Tonic Interface 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