Reuters Technology Report: April 7, 2017

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Twitter refuses U.S. order to reveal user behind anti-Trump account SAN FRANCISCO (Reuters) - Twitter Inc on Thursday filed a federal lawsuit to block an order by the U.S. government demanding that it reveal who is behind an account opposed to President Donald Trump's tough immigration policies.

Samsung tips best quarterly profit in over three years as chips soar SEOUL (Reuters) - Samsung Electronics Co Ltd forecast on Friday its best quarterly profit in more than three years in the January-March period, beating expectations and putting it on track for record annual earnings on the back of a memory chip super-cycle.

LG Electronics estimates first quarter profit surged, likely best in nearly eight years SEOUL (Reuters) - South Korea's LG Electronics Inc estimated on Friday its first-quarter operating profit rose 82 percent to its highest in nearly eight years, handily beating market expectations on healthy sales of appliances and televisions.

Two-thirds of EU travel websites mislead on prices: Commission BRUSSELS (Reuters) - Two-thirds of travel booking websites provide misleading information on prices and so breached EU consumer protection rules, the European Commission said on Friday.

Adidas to mass-produce 3D-printed shoe with Silicon Valley start-up HERZOGENAURACH, Germany/NEW YORK (Reuters) - Adidas launched a new sneaker on Friday with a 3D-printed sole that it plans to mass-produce next year, part of a broader push by the German sportswear firm to react faster to changing fashions and create more customized products.

U.S. FCC chairman plans fast-track repeal of net neutrality: sources WASHINGTON (Reuters) - The chairman of the U.S. Federal Communications Commission is moving quickly to replace the Obama administration's landmark net neutrality rules and wants internet service providers to voluntarily agree to maintain an open internet, three sources briefed on the meeting said Thursday.

YouTube tweaks ad strategy to curb content stealing (Reuters) - Alphabet Inc's YouTube said on Thursday it would place ads on channels only if they reach 10,000 views as it tries to weed out people who make money on the site by stealing content from other sources.

Lyft valued at $7.5 billion in new funding round: source SAN FRANCISCO (Reuters) - Ride services company Lyft Inc has nearly completed a funding round of at least $500 million, valuing the company at $7.5 billion, according to a source close to the company.

Twitter dips after co-founder says selling some of his shares SAN FRANCISCO (Reuters) - Shares of Twitter dropped about 1 percent on Thursday after co-founder Ev Williams said he is selling a minority of his shares in the social media company, which has been losing ground to Facebook and other fast-growing rivals.

Comcast enters U.S. wireless business with unlimited data plans NEW YORK (Reuters) - Comcast Corp on Thursday unveiled a wireless service with an unlimited data plan, making it the first major U.S. cable provider to enter the highly competitive wireless market.