Technology News


Twitter to cut up to 8 percent of global workforce

- Twitter Inc said it would lay off up to 336 employees, or about 8 percent of its global workforce, as part of a plan to streamline operations.

Recent Technology News

Japan state fund open to discussing investment in Sharp

TOKYO - The Innovation Network Corp of Japan, a government-backed fund that has rescued loss-making electronics companies, is open to discussing a possible investment in Sharp Corp if the company seeks help, INCJ's president said on Tuesday.

7:18am EDT

China's Tsinghua Unigroup hires head of Micron's Taiwan JV: source

BEIJING/TAIPEI - Chinese state-backed technology conglomerate Tsinghua Unigroup has hired Charles Kau, the chief of Micron Technology Inc's Taiwanese joint venture, as its global executive vice president, a person familiar with the matter said.

7:24am EDT

Optimizely raises $58 million in latest funding

- Website optimization company Optimizely said it raised $58 million in Series C funding, bringing its total funding to $146 million.

7:33am EDT

Axel Springer bans adblock users from Bild online

FRANKFURT - Germany's Axel Springer has banned readers who use adblockers from its Bild tabloid website, stepping up a fight by publishers to stop online advertising revenues being eroded.

4:43am EDT

License sales help SAP operating profit to beat forecasts

FRANKFURT - Europe's biggest software maker SAP reported a 19 percent rise in third-quarter operating profit on Tuesday, surprising markets by bringing forward its forecast-beating results by a week.

5:43am EDT