Sony to cut 10,000 jobs, turn around TV business

(AP) -- Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs, or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years.

China's Baidu, music labels launch online service

(AP) -- Baidu Inc., which operates China's most popular search engine, said Tuesday it will distribute music from three global labels in a deal that its partners say could help clean up China's piracy-plagued music market.

IBM scoops up software maker SPSS in $1.2B deal

(AP) -- IBM Corp. is bulking up its most profitable division with a $1.2 billion acquisition of business software provider SPSS Inc., a deal that also reflects the power of wealthy technology companies to throw their money ...

Biggest 2 Australian telcos join broadband rollout

(AP) -- Australia's two largest telecommunications companies signed lucrative deals with the government to join the rollout of a fiber optic national broadband network that will be among the world's fastest.

Apple briefly passes Exxon as most valuable co.

(AP) -- Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

Slack Technologies rises in Wall Street debut

Software company Slack Technologies climbed on the New York Stock Exchange Thursday after debuting in a direct listing, in the latest sign of Wall Street's appetite for new technology entrants.

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