Facebook prepares to pay up
Summary
* Google will have to pay publishers for news snippets and Facebook will have to filter out protected content under new copyright rules aimed at ensuring fair compensation for the European Unions $1 trillion creative industries. * Satisfactory quarterly results from Amphenol, Anixter International, Atos, Avast, Cerner, Crown Castle International, CyberOptics (back in the black), eBay, F5 Networks, Flir Systems, Lantronix, Netgear, Publicis Groupe, Roper Technologies, Sony (back in the black), T-Mobile US, Teledyne Technologies, Teradyne, TomTom, Total Systems Services, VeriSign, Verizon Communications, Visa and WNS Holdings. * Mixed quarterly figures from Align Technology, AT&T, Check Point Software Technologies, Citrix Systems, Entegris, Facebook, General Dynamics, Interface, Iron Mountain, Manhattan Associates, Millicom and SirusXM, with revenue up but net income down; and from Avnet (but back in the black), AVX, Bharti Infratel, Celestica, China Unicom Hong Kong, CyberLink, Cypress Semiconductor, Snap-On and Xerox, with revenue down but net income up. * An IPO filing for Nasdaq from Sonim Technologies, a leading US provider of ultra-rugged mobile phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. * The MENA region is a fast-growth market for digital transformation as organisations look to gain greater business agility, better understand customer needs and trends, and scale up on emerging technology innovations, according to Gartner.