|                                                |   |  |                                                           |  |                                | NEW YORK (Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg   and dozens of banks must face a lawsuit accusing the social   media company of misleading investors about its health before   its $16 billion initial public offering, a federal judge said. |  |  |                                                |                                                            |   |  |                                                                       |  |                                      | WASHINGTON (Reuters) - President Barack Obama prepared to release   an independent panel's review of U.S. intelligence practices   on Wednesday in a prelude to announcing a broad set of new policy   procedures aimed at reining in the National Security Agency. |  |  |  |                                                |                                                            |                                                                       |  |                                      | (Reuters) - When InContact Inc, a provider of internet-based   call center services, wanted to gauge the success of its video   marketing campaign, it turned to Canadian video analytics startup   Vidyard. |  |  |  |                                                |                                                            |                                                                       |  |                                      | DENVER (Reuters) - A Chinese citizen convicted of trying to smuggle   American-made radiation-hardened microchips from California   to China was sentenced Wednesday to three years in U.S. prison. |  |  |  |                                                |                                                            |   |  |                                                                       |  |                                      | TAIPEI (Reuters) - China Mobile Ltd said it's still in talks   with Apple Inc to sell iPhones amid mounting industry speculation   that the pair are about to announce a deal to net the technology   giant hundreds of millions of potential new customers. |  |  |  |                                                |                                                            |   |  |                                                                       |  |                                      | SAN FRANCISCO (Reuters) - Oracle Corp on Wednesday reported a   1 percent decrease in new software sales and Internet-based   software subscriptions but quarterly revenue and earnings per   share exceeded analysts' expectations. |  |  |  |                                                |                                                            |   |  |                                                                       |  |                                      | ROME (Reuters) - Italian lawmakers have revised proposed legislation   that would raise revenue from online companies including Google   and Amazon, but its passage is still uncertain as the leader   of the main ruling party said it should be scrapped. |  |  |  |                                                 |   |  |                                                           |  |                                | MADRID (Reuters) - Telefonica has been given 18 months to loosen   its grip on the Brazilian mobile phone market, sources said,   time which may help the Spanish group ward off an investor rebellion   against its strategy. |  |  |                                                 |   |  |                                                           |  |                                | LONDON (Reuters) - Regulators will take longer than expected   to assess risk at a third of the world's biggest banks because   of IT delays, banking supervisors said on Wednesday. |  |  |                                                 |   |  |                                                           |  |                                | LONDON (Reuters) - British Airways is to become the first airline   in Europe to allow their passengers to keep their phones and   tablet computers switched on throughout their journey, the company   said on Wednesday. |  |  |  |                                               |  |                          |                                                           |  |                                |  |                                |                                                                       | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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