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Nokia to pay outgoing CEO Elop $25 million

Nokia Corp. says it will pay outgoing CEO Stephen Elop a compensation package of some $25 million (19 million euros) when he leaves the company to move over to Microsoft.

Twitter announces plans for stock offering

Twitter announced Thursday, in a tweet, that it has submitted papers for a stock offering, the most hotly anticipated in the tech sector since Facebook's last year.

Yahoo CEO says company now has 800 million users

Yahoo CEO Marissa Mayer says the Internet company now has about 800 million worldwide users, a 20 percent increase since she was lured away from Google 15 months ago to steer a turnaround.

Verizon reclaims US wireless stake for $130B

Verizon will own its wireless business outright after agreeing Monday to pay $130 billion for the 45 percent stake in Verizon Wireless owned by British cellphone carrier Vodafone.

Tech sector slips into surprising slump

In a surprising turn, the tech industry is in a slump even as the U.S. economy picks up steam. The announcement last week that Silicon Valley giant Cisco Systems, which sells networking and telecommunications equipment, plans ...

Yahoo shares gain as it tops Web traffic

Yahoo shares powered higher Thursday after a survey showed the struggling Internet giant topped a survey for US Web visitors for the first time since 2011.

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