Technology Report: Apple to make 3-5 million smartwatches monthly, sales begin October: report

	Click to View in Browser 06/6/2014 Apple to make 3-5 million smartwatches monthly, sales begin October: report SAN FRANCISCO (Reuters) - Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter. U.S. spy agency joins Facebook, Twitter WASHINGTON (Reuters) - The CIA, which has long trolled social media to try to uncover global trends and track evil-doers, officially joined Twitter and Facebook on Friday. Uber snags $1.2 billion in new funding; seen valued at $18 billion SAN FRANCISCO (Reuters) - Uber Inc has raised $1.2 billion from mutual funds and other investors in a funding round valuing the fast-growing rides-on-demand service at $18.2 billion, one of the highest valuations ever for a Silicon Valley startup. Six governments tap Vodafone calls LONDON (Reuters) - The world's second-biggest mobile phone company Vodafone revealed government agencies in six unidentified countries use its network to listen to and record customers' calls, showing the scale of telecom eavesdropping around the world. EU says firms like Google and Facebook must meet privacy rules BRUSSELS (Reuters) - Companies based outside the European Union must meet Europe's data protection rules, ministers agreed on Friday, although governments remain divided over how to enforce them on companies operating across the bloc. Romania sentences hacker 'Guccifer' to jail BUCHAREST (Reuters) - A Romanian court sentenced hacker "Guccifer", who broke into the emails of former U.S. president George W. Bush's family, entertainment figures and the head of the Romanian secret service, to four years in jail on Friday. For Samsung heirs, little choice but to grin and bear likely $6 billion tax bill SEOUL (Reuters) - The heirs of ailing Samsung Group patriarch Lee Kun-hee face one of the biggest inheritance tax bills ever, and appear to have little option but to pay up. WhatsApp co-founder sees challenges in U.S. and other markets PALO ALTO Ca. (Reuters) - Boosting the adoption of messaging service WhatsApp in the United States and some other markets is proving difficult, co-founder Brian Acton said, but the company will still create substantial revenue for prospective parent Facebook Inc. Mexican trademark body rules for iFone in iPhone services case MEXICO CITY (Reuters) - Mexico's trademark body said on Thursday it had ruled in favor of local telecoms company iFone in a dispute over the marketing of iPhone services, opening the door to potential damage claims against the country's biggest mobile providers. Sprint agrees to pay about $32 billion to buy T-Mobile: source NEW YORK (Reuters) - Sprint Corp S.N has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter said, marking further progress in the attempt to merge the third and fourth-biggest U.S. mobile network operators. Related Video Scientists hail "Drop of Health" as superior vegetable oil Reuters on the Road: Hate shopping? Become Enclothed 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