Technology Report: Google second-quarter revenue increases 22 percent

	Click to View in Browser 07/17/2014 Google second-quarter revenue increases 22 percent SAN FRANCISCO (Reuters) - Google Inc's revenue increased 22 percent in the second quarter, as the Internet company saw strong demand for ads on its websites. Facebook tests new 'buy' button for online purchases in U.S. SAN FRANCISCO (Reuters) - Facebook Inc is testing a new "buy" button on its website that will let consumers purchase products that are advertised on its social network. Microsoft to cut 18,000 jobs this year as it chops Nokia SEATTLE (Reuters) - Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history on Thursday, hoping to reshape the aging PC industry titan into a nimbler rival to Apple and Google, and jolt a culture at the company that is used to protecting its existing Windows and Office franchises. Alibaba now eyes September for U.S. mega-IPO: source NEW YORK (Reuters) - Alibaba Group Holding Inc has pushed its highly anticipated IPO until after the September Labor Day holiday, a source with knowledge of the matter said, as the Chinese online retail company works through the complex process of launching what could the largest-ever U.S. tech debut. LVMH and eBay settle litigation over fake goods PARIS (Reuters) - LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website. Microsoft ends flirtation with Hollywood and original shows: source LOS ANGELES (Reuters) - Microsoft Corp intends to wind down Xbox Entertainment Studios, a source familiar with its plans said, becoming the first major tech company to give up on making original shows in a battle for the living room couch. China's JD.com takes aim at Alibaba with Paipai relaunch BEIJING (Reuters) - Chinese e-tailer JD.com on Thursday relaunched its Paipai online marketplace, opening a new front in its escalating battle against the country's e-commerce market leader Alibaba Group Holding. Austrian computing pioneer Heinz Zemanek dead at 94 VIENNA (Reuters) - Heinz Zemanek, who briefly put Austria in the vanguard of European computing in the 1950s with his "May Breeze" computer, has died in Vienna at the age of 94, his old university said. Inventors struggle to protect patents in Africa JOHANNESBURG (Reuters) - When Malagasy entrepreneur Andry Ravololonjatovo came up with the idea of a hi-tech translation service named after a local bird, the Drongo, he hesitated about registering the patent. Pratt & Whitney hires IBM to gather and analyze engine data WASHINGTON (Reuters) - Engine maker Pratt & Whitney will partner with International Business Machines Corp to compile and analyze data from about 4,000 commercial aircraft engines in order to be able to predict trouble before problems arise, the company announced on Thursday. Related Video Hope soars as 3D printing for aircraft takes off Microsoft Corp says it will slash up to 18,000 jobs 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