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(Reuters) - Shares of Twitter Inc were set to soar on Wednesday as surprisingly strong user growth eased investor concerns that the popularity of the micro-messaging site was waning.

SHANGHAI (Reuters) - Microsoft Corp will launch its Xbox One gaming console in China on September 23, making it the first foreign company to start selling consoles in the world's third-biggest gaming market after a ban on the devices was lifted this year.

SAN FRANCISCO (Reuters) - Applied Micro Circuits has begun shipping a new kind of low-power server chip that might challenge heavyweight Intel in cutting-edge data centers.

WASHINGTON D.C. (Reuters) - Home genetics startup 23andMe has secured a $1.4 million two-year grant from the National Institutes of Health (NIH) to build survey tools and expand its gene database.

SAN FRANCISCO (Reuters) - Facebook Inc will shut its 2-year-old Gifts shop on Aug. 12, as the world's largest social network tests other ways to let consumers buy products on its website.

SAN FRANCISCO (Reuters) - Twitter Inc halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns for now that the online messaging service had peaked.

WASHINGTON (Reuters) - Video streaming service Netflix has agreed to pay U.S. broadband provider AT&T Inc to ensure smooth delivery of Netflix content to Internet users, the companies said on Tuesday.

(Reuters) - Amazon.com Inc, locked in a war with publisher Hachette Book Group over ebook prices, said its push for lower prices was good for authors, publishers and booksellers.

SEATTLE (Reuters) - Microsoft Corp's hardware chief gave employees a sneak peek at a 'selfie' phone featuring a 5 megapixel forward-facing camera at an internal meeting this week, a source at the company said on Tuesday.

BEIJING (Reuters) - A Chinese regulator is conducting an anti-monopoly investigation into Microsoft Corp MSFT.O over its Windows operating system, in the latest of a growing number of competition probes that have unnerved Western firms in China.

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FINANCE NEWS
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