Technology Report: U.S. court scrutinizes class suit against Google e-book project

	Click to View in Browser 05/8/2013 U.S. court scrutinizes class suit against Google e-book project NEW YORK (Reuters) - A U.S. federal appeals court on Wednesday questioned the reasoning behind a class-action lawsuit against Google Inc over its effort to digitize millions of books, suggesting that many authors could benefit from the project. Microsoft names insider Amy Hood as CFO SEATTLE (Reuters) - Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer. AOL shares sink as its websites still lose money (Reuters) - AOL Inc shares tumbled 10 percent on Wednesday after it posted another loss in its content group, reviving concerns that the company's profits were still mostly coming from a shrinking dial-up platform. SanDisk CEO sees extended stability in NAND flash market (Reuters) - The rising cost of building state-of-the-art memory chip factories is making manufacturers think twice about adding new capacity, increasing the likelihood of strong prices, the chief executive of SanDisk said. Activision Blizzard's revenue rises in first quarter SAN FRANCISCO (Reuters) - Video games maker Activision Blizzard Inc said revenue rose in the first quarter. Higher European demand boosts Cognizant revenue (Reuters) - Cognizant Technology Solutions Corp forecast current-quarter revenue above market expectations after an 18 percent rise in the first quarter, helped by strong demand from Europe. SoftBank to meet Sprint investors, many eye higher bid TOKYO/NEW YORK (Reuters) - SoftBank Corp President Masayoshi Son may get a frosty reception when he comes to the United States this week to meet Sprint Nextel Corp's major shareholders, as he tries to drum up support for the Japanese company's proposed takeover of the No. 3 U.S. wireless service provider. San Francisco surrenders in fight over cell phone warnings SAN FRANCISCO (Reuters) - San Francisco city leaders, after losing a key round in court against the cell phone industry, have agreed to revoke an ordinance that would have been the first in the United States to require retailers to warn consumers about potentially dangerous radiation levels. French, German politicians to pressure Google on tax LONDON (Reuters) - Politicians in Germany and France say they will press for Google Inc to be quizzed on corporate income tax after a Reuters report highlighted how the company employs sales staff in the UK while telling the tax authorities that sales are made from Ireland. Electronic Arts expects stronger 2014 slate SAN FRANCISCO (Reuters) - Electronic Arts Inc forecast fiscal 2014 earnings above Wall Street's expectations as cost cuts take hold and higher-margin digital sales accelerate, lifting the video game publisher's stock 8 percent. Related Video Techquity: Facebook doing Cartwheel with Target, AOL's woes Unmanned attack plane passes carrier landing test Mediafile Poornima Gupta Nest acquires green software startup MyEnergy John C Abell Blackberry Q10: The key is the keyboard 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