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(Reuters) – Microsoft Corp reported higher quarterly adjusted revenue, driven mainly by growth in the company's cloud business. The company's shares jumped 3.5 percent to $54.91 in extended trading on Tuesday. Revenue in the cloud business, which includes the Azure cloud platform as well as products related to server software, rose 7 percent to $6.7 billion. Under the leadership of Satya Nadella, the software behemoth has focused on the building the company's expertise in cloud-based services amid slowing PC sales. …

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By Rory Carroll NORTH LAS VEGAS, Nev. (Reuters) – A car-sized sled powered by electromagnets rocketed to more than 100 miles (160 kph) an hour through the Nevada desert on Wednesday in what the Los Angeles company developing the technology said was the first successful test of a futurist transit system called hyperloop. Hyperloop One is among several companies competing to bring to life a technical vision by Elon Musk, the founder of rocket maker SpaceX and electric car company Tesla Motors, who suggested sending pods holding passengers and cargo inside giant vacuum tubes between Los Angeles and San Francisco.

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By Alex Dobuzinskis LOS ANGELES (Reuters) – A cellphone expert overrode the lock function on an Apple iPhone to help Los Angeles police in a homicide investigation around the time U.S. authorities were battling the company to open other phones in criminal cases, court records showed on Thursday. The successful hack of the iPhone 5s in the Los Angeles case is another sign U.S. authorities are turning to third-party contractors to unlock smartphones rather than relying on manufacturers like Apple Inc , which helped in the past. The third-party hacks have Apple racing to strengthen its encryption technology.