Tech Biz

Drag queens want Facebook to change name policy

SAN FRANCISCO - San Francisco drag queens and a city lawmaker met with Facebook on Wednesday demanding the site change its policy banning users from using aliases online, but said they were rebuffed.Full article

Top Stories

Microsoft lays off 2,100, axes Silicon Valley research

As of 09/19/2014 9:53 AM
SEATTLE - Microsoft Corp will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce. Full article

Ericsson to stop making modems

As of 09/18/2014 5:44 PM
STOCKHOLM - Swedish telecom equipment company Ericsson said on Thursday that it would stop developing modems, a decision affecting almost 1,600 employees worldwide which is expected to lead to hundreds of job cuts. Full article

Alibaba looks to unlock new markets with IPO

As of 09/18/2014 1:33 PM
WASHINGTON - Alibaba's record-setting stock offering due this week gives the Chinese online group a huge war chest that can help its global expansion. Full article

Sony shares plunge after dividend scrapped

As of 09/18/2014 11:24 AM
TOKYO - Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958. Full article

Why Apple's HealthKit isn't available on iOS 8 yet

As of 09/18/2014 9:43 AM
Apple Inc said a bug in its HealthKit health and fitness application platform prevented its release along with the launch of its iOS 8 operating system for iPhones and iPads. Full article

Sony deepens loss estimate on struggling smartphone business

As of 09/17/2014 4:56 PM
(UPDATE) - Sony Corp on Wednesday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling smartphone division. Full article

A billion websites and counting

As of 09/17/2014 10:04 AM
The number of websites has burst above one billion and is growing apace, according to figures updated in real time Tuesday by online tracker Internet Live Stats. Full article

OECD unveils proposals to curb corporate tax avoidance

As of 09/17/2014 9:32 AM
LONDON - New international tax rules proposed on Tuesday could eliminate structures that have allowed companies such as Google Inc and Inc to shave billions of dollars off their tax bills. Full article

Media, entertainment see profit from digital: study

As of 09/17/2014 2:21 AM
WASHINGTON - The Internet is no longer draining profits from media and entertainment companies, which have learned to make online services pay, a new study shows. Full article

Pioneer to cut 2,000 jobs in restructuring

As of 09/16/2014 6:37 PM
TOKYO - Pioneer Corp. said Tuesday it will cut more than 2,000 jobs, or 10 percent of its group workforce, through voluntary retirement by employees and sales of noncore business to promote its rehabilitation. Full article