Chinese spy team hacks Forbes.com: security firms

US cyber security firms on Tuesday said that a Chinese espionage team hacked Forbes magazine to hunt defense contractors, financial firms, and other unsuspecting prey visiting the popular news website.

IBM "flatly denies" report of mass layoffs

Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

Russian magnate buys, then returns Nobel prize

Russia's richest man says he is returning a Nobel prize he bought at auction for $4.7 million just days ago to the man who put it on the block: controversial American geneticist James Watson.

Microsoft's Gates reclaims title as world's richest

The surging price of Microsoft shares returned US tech tycoon Bill Gates back to the top of Forbes's world's billionaires list, with his $76 billion beating out Mexico's Carlos Slim's $72 billion.

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