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BP reaches $7.8bn part settlement over US oil spill

BP said it reached a $7.8 billion deal to settle claims from fishermen and other private claimants affected by the Gulf of Mexico oil spill ahead of the start of a major US trial.

Intel prepared for shifts in computing, new CEO says

Discounting critics who contend it is mired in the slowing personal-computer market, microchip giant Intel Corp. assured a gathering of industry experts Tuesday that it is well-positioned to profit from the fast-changing ...

LivingSocial's new CEO eyes an experience-oriented future

Some big challenges lie ahead for LivingSocial, the online marketplace known for its daily deals and discounted prices on restaurants, spas and local activities. But that's where the company's new chief executive, Gautam ...

Blizzard Entertainment cuts 600 jobs

Blizzard Entertainment, publisher of "World of Warcraft" and other hit videogames, announced Wednesday that it is cutting 600 jobs.

Kaspersky boss warns of emerging cybercrime threats

Russian online security specialist Eugene Kaspersky says cybercriminals will one day go for bigger targets than PCs and mobiles, sabotaging entire transport networks, electrical grids or financial systems.

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