Technology Report: Wiretap claims fail against Facebook, Zynga in disclosure lawsuit

	Click to View in Browser 05/8/2014 Wiretap claims fail against Facebook, Zynga in disclosure lawsuit SAN FRANCISCO (Reuters) - A U.S. appeals court on Thursday dismissed federal wiretap claims against Facebook Inc and Zynga Inc in a civil lawsuit over disclosure of user information to advertisers. Snapchat settles with FTC, faces 20 years privacy oversight SAN FRANCISCO (Reuters) - Messaging startup Snapchat has settled charges with U.S. regulators accusing it of deceiving consumers by promising that photos sent on its service disappeared forever after a certain period of time. Venture firm Atomico sues ex-employee, consultant for double-dipping SAN FRANCISCO (Reuters) - Atomico Partners, a London-based venture firm founded by Skype co-founder Niklas Zennstrom, is suing a former employee and consultant for secretly diverting potential Atomico investments to a venture firm that the two were building. Nice Systems cuts 2014 profit and revenue forecasts JERUSALEM (Reuters) - Israeli software provider Nice Systems trimmed its 2014 profit and revenue forecasts after first-quarter results fell short of expectations, driving its shares down more than 9 percent. At China's Alibaba, chairman Ma's dealings raise red flags SAN FRANCISCO/BEIJING (Reuters) - Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests. Macau authorities, UnionPay target illegal transactions HONG KONG (Reuters) - Macau officials and China's state-backed payment card network have cracked down on the use of bogus transactions to circumvent China's exchange controls for gambling in the territory. Toshiba sees record profit as other businesses offset nuclear slump TOKYO (Reuters) - Japan's Toshiba Corp forecast operating profit to climb 14 percent to a record this business year, as buoyant sales of power grid equipment and robust income from flash memory chips offset weakness in its nuclear reactor business. Apple's head of North America sales to depart (Reuters) - Apple Inc's head of North America sales, Zane Rowe, will leave the company and will be replaced by Doug Beck, who oversees sales in Japan and Korea. Dish revenue rises as it adds more subscribers (Reuters) - Dish Network Corp, the second-largest U.S. satellite TV company, reported a better-than-expected 6 percent growth in quarterly revenue due to higher net subscriber additions. Samsung Electronics replaces mobile design head SEOUL (Reuters) - Samsung Electronics Co Ltd, the world's biggest handset maker, has replaced the head of its mobile design team amid criticism of the latest Galaxy S smartphone. Related Video Lightweight 'Upsee' harness allows severely disabled children to walk Virtual universe revealed in unprecedented detail Mediafile 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