Technology - Business news

Report: Silicon Valley tech economy booming

Silicon Valley's tech economy is continuing to boom, with 58,000 new jobs and 42,000 new residents last year and all indications the record growth will continue, according to study released Tuesday.

Feb 03, 2015
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LendingClub, Alibaba ink deal on financing

US startup LendingClub, a leader in so-called peer-to-peer lending, announced a partnership Tuesday with China's Alibaba to be a source of credit for purchases at the online retailer.

Feb 03, 2015
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Sony sells US-based online game unit

Japan's Sony has sold its online gaming unit to a US investment firm, in a move that should free it to make titles for consoles other than PlaySation.

Feb 03, 2015
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Jack Ma defends Alibaba amid fakes row

Alibaba founder Jack Ma has defended his company's reputation after authorities accused it of allowing "illegal" actions on its multi-billion-dollar online shopping platform, saying he does not want it to ...

Feb 03, 2015
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