Report: BlackBerry to Cut Up to 40% of Its Staff
BlackBerry is reportedly prepared to cut its workforce by up to 40% this year, according to a report from The Wall Street Journal.
Rhapsody Cuts Staff By 15%, President Resigns
Rhapsody said President and CEO John Irwin is stepping down amid a 15% cut in the company's staff, as the music streaming service struggles to compete with rivals like Pandora.
EA Promotes Sports Head Andrew Wilson to CEO
Electronic Arts named the head of its EA Sports brand, Andrew Wilson, as its next CEO.
Microsoft Unveils Trade-In Program for Used iPads
Microsoft quietly began a trade-in program for used iPad tablets, challenging Apple fans to switch to products like the Surface.
Report: Microsoft Investors Campaigning for Mulally, Lawrie
Some of Microsoft's top investors are reportedly campaigning for Ford CEO Alan Mulally and Computer Sciences CEO Mike Lawrie.
WSJ: BlackBerry Weighing Messenger Spinoff
The smartphone maker is reportedly weighing a spinoff of its BlackBerry Messenger service into a standalone entity.
In the U.S., 40% of PC Users Still Access Facebook Everyday
More than 40% of Americans are signing on to the world’s largest social network every day from their desktop, while 32% access it from their mobile devices.
Facebook 'Voices' Mobile Focus With Buyout of Speech Recognition Company
The social networking leader's acquisition highlights recent efforts to improve on the mobile front.
Banks Deploy Shields to Block New Wave of Cyber Attacks
Major U.S. banks are once again being threatened with powerful DDoS cyber attacks, but there are signs the financial institutions may emerge unscathed.
Investors Cheer as Facebook Approaches May 2012 IPO Price
Facebook experienced its largest-ever rally on the heels of stronger-than-expected earnings and is climbing toward its May 2012 IPO price on volume not seen since its market debut.
Hulu Off the Block Again, Owners Pledge Investment
Hulu owners Walt Disney, Comcast and 21st Century Fox announced they will keep ownership of the streaming video site and inject $750M.
A Glimpse Inside Zynga's Real-Money Gambling Playbook
Zynga gave a sneak peak of what the future of real-money gambling on social networks will look like at a small gaming summit in Barcelona on Wednesday.
Report: Microsoft Puts Finishing Touches on Massive Restructuring
The tech heavyweight's much-anticipated reorganization is aimed at eliminating overlapping functions, allowing for more concentration on its projects.
Hulu Said to Receive At Least 3 Final Bids
The bidding war over Hulu is nearing completion, with three groups reportedly submitting final offers for the online video site. Meanwhile, Time Warner Cable offered to buy just a stake in Hulu.
RetailMeNot IPO of 9M Shares Seen Priced at $20-$22
The company, which bills itself as the world’s largest digital coupon provider, expects its IPO of about 9.1 million shares to be priced at $20 to $22 a share.
TripAdvisor Books Deal to Buy Flight App GateGuru
TripAdvisor agreed to buy mobile flight app GateGuru, as the online travel agency continues to expand its digital portfolio.
Facebook Makes Digital Ad Strides, But Still Widely Trails Google
Google and Facebook make up the largest chunk of worldwide digital ad share, while Twitter continues to make great strides.
AT&T Said to Be Interested in Hulu as Bids Approach $1B
AT&T is reportedly mulling a joint bid to acquire video streaming site Hulu, as second-round bids are already coming in at around $1 billion.
Hulu Said to Attract At Least 7 Bidders
Hulu reportedly attracted at least seven bidders before a deadline passed Thursday, as a bidding war for the online video provider heats up.
Dish, nTelos to Develop Fixed-Mobile Broadband Service
The satellite television provider intends to work with NTELOS Holdings, a regional provider of wireless communications services, to develop fixed-mobile broadband.