Although anyone who lived through the tech bubble of the early 2000′s probably saw this story coming a mile away, today the news broke that Twitter, once valued by Google at over $18 billion, has posted a net loss of nearly $645m in 2013.
Dell’s plan to layoff more than 15,000 employees has been in the works for months, and the date has finally arrived after several weeks of rumors among the company’s staff.
Following John Thompson’s blog post in December regarding the search for a CEO at Microsoft in John Ballmer’s wake, news has finally begun to surface that may hold concrete evidence of who we should expect to see heading up the position in the next few months.
In its quest to become the third largest cell phone manufacturer in the world, personal gadget giant Lenovo announced it will acquire Motorola from Google for the fire-sale price of only $2.91 billion.
Likely representing the first of many lawsuits that will be heading Uber’s way in 2014, this week the family of 6-year old Sofia Fiu filed an injunction against the wildly popular taxi-replacement in a wrongful death suit covering an unfortunate accident which took place on New Years Eve of last year.
In a stunning post-houmous move for Steve Jobs, Apple’s former CEO, is still finding ways to screw over his own reputation from the grave while sullying the image of other big name leaders like Eric Schmidt and Sergey Brin of Google in the process.
Wall Street could take notes from this sort of move. In a story that would stun anyone who works on the trading floor in New York City, executives at one of the top computing manufacturers in the world, IBM, have decided to take a paycut and reduce the impact of their bonuses on the bottom…
With the growing ubiquity of smart appliances there’s a chance your fridge or TV have been enlisted via malware into a massive army of zombie bots, Internet-connected devices commandeered by spam-sending computer viruses.
Intel announced plans to cut at least 5,000 jobs from its workforce, accounting for about 5 percent of the total number of employees currently working for the processor manufacturing giant.