A billion people logged in to Facebook on a single day this week, marking the first time that many members used the world's largest online social network in a 24-hour period. The number amounts to one-seventh of the Earth's ...
Chinese computer giant Lenovo said Thursday it would cut more than 3,000 jobs as net profit for its first quarter fell by more than 50 percent.
Chinese Internet giant Tencent saw its net profit surge by 25 percent in the second quarter buoyed by growth in online advertising revenue and its popular messaging service WeChat, the company said Wednesday.
With sales growth slowing in China, Alibaba is looking across its borders to give sales a boost.
Microsoft's Bill Gates was the unsurprising leader of the first Forbes list of the richest global tech billionaires, while Amazon founder Jeff Bezos saw his personal fortune surge.
Tesla reported Wednesday its loss for the second quarter widened to $184 million as the electric carmaker geared up for expansion.
It hasn't been a good week for social media companies, not even for the usually reliable professional networking service LinkedIn Corp.
Japan's NEC said Thursday it remained stuck in the red during its fiscal first quarter largely owing to weakness in its telecom division, but was still on track for a full-year profit.
Japanese electronics giant Panasonic said Wednesday that its net profit soared 57 percent from a year ago, mainly thanks to a tax accounting change as it reshapes its business.
Japanese video game giant Nintendo said Wednesday it swung to a $67 million net profit in the three months to June, owing to a jump in console sales and a weaker yen.