Technology Report: Google launches streaming music service ahead of Apple

	Click to View in Browser 05/15/2013 Google launches streaming music service ahead of Apple SAN FRANCISCO (Reuters) - Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music. JANA Partners reveals stakes in Zynga, Groupon BOSTON (Reuters) - JANA Partners, a leading activist hedge fund firm run by Barry Rosenstein, has taken a liking to two of the most beaten-up technology stocks. More top hedge funds dropped Apple shares in first quarter (Reuters) - One-time hedge fund darling Apple Inc was dropped by more well-known fund managers in the first quarter, including John Griffin and Chase Coleman. LulzSec hackers "at cutting edge" of cyber crime, court told LONDON (Reuters) - Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on Wednesday. Amazon cloud partner Apptio raises $45 million SAN FRANCISCO (Reuters) - Apptio, a start-up that helps big companies like Boeing Co track billions of dollars in technology spending, said on Wednesday that it raised $45 million from institutional investment firms including Janus Capital Group. Google to face UK lawmakers again over tax LONDON (Reuters) - Google Inc faces another grilling over its tax affairs from a committee of British lawmakers on Thursday who have called the company back after questions were raised about testimony given in an earlier hearing. Swedish prosecutor asks court to block file-sharer Pirate Bay STOCKHOLM (Reuters) - Swedish prosecutors have launched a new attempt to close down the popular file-sharing site The Pirate Bay, asking a court to block internet addresses used to access the site. Exclusive: EU threatens trade duties against China's Huawei, ZTE - sources BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy trade duties against telecoms equipment makers Huawei Technologies Co Ltd and ZTE Corp over what it says are illegal subsidies, people close to the matter said. AT&T expects better results in mobile business in second quarter (Reuters) - AT&T Inc expects much better results in its wireless business in the second quarter after a weak start to the year, Chief Executive Randall Stephenson said on Wednesday. Amazon UK pays $3.7 million tax on $6.5 billion sales LONDON (Reuters) - Amazon.com's main UK unit paid $3.7 million of taxes on its 2012 income, it said on Wednesday, despite group UK sales of $6.5 billion (4 billion pounds), prompting criticism from lawmakers and competitors. Related Video Techquity: Google beats Apple to punch, takes on Facebook Sea-based attack drone flies into history with first carrier launch Mediafile James Ledbetter Music royalties and Pandora's box John C Abell Samsung Galaxy S4: Size matters, but isn't everything 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