Technology News
Renesas aims to sell chip plant, shed 12,000 jobs: source
TOKYO - Japanese chipmaker Renesas Electronics Corp plans to sell off loss-making operations and cut its payroll by at least 12,000, a source close to the matter told Reuters on Saturday, as the company battles high costs and nimbler foreign rivals.
Recent Technology News
Facebook's market maker losses may top $115 million: sources
NEW YORK - Four of Wall Street's major market makers involved in Facebook's botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange to be around $115 million. | Video
DigitalGlobe, GeoEye jump on nod for imagery funding
WASHINGTON - DigitalGlobe Inc and GeoEye Inc on Friday welcomed a decision by the Senate Armed Services Committee to authorize continued funding for commercial imagery purchases, a move that sent the two companies' shares sharply higher.
Analysis: Hard-up telcos get stingy with mobile give-aways
PARIS - Save up now for that new iPhone: the era of free or cut-price phones when signing a new mobile phone contract may be soon be over in Europe.
They're here. They're geeks. Get used to it
NEW YORK - Turns out, geeks are inheriting the earth.
HP tries to stem Autonomy exodus after founder goes
LONDON - Hewlett Packard Co has told staff at Autonomy they have a bright future even after founder Mike Lynch was shown the door on Wednesday, joining a long line of top managers to leave the Cambridge-based software maker since HP bought it last year.
Kleiner’s Ellen Pao, the elephant in the room
Kleiner Perkins' Ellen Pao didn't let her lawsuit against her employer stop her from hitting a couple of Palo Alto parties Thursday night
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