Technology - Business news

Amazon, Simon & Schuster sign book retail deal

Amazon has reached a deal with American book publisher Simon & Schuster, the companies said, though the e-commerce giant remains at loggerheads with France's Hachette over e-book pricing.

Oct 21, 2014
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Verizon reports higher 3Q net income, revenue

Verizon Communications Inc. on Tuesday reported higher net income and revenue in its third quarter, helped by strong wireless subscriber growth and demand for its high-speed FiOS Internet services.

Oct 21, 2014
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IBM 3Q disappoints as it sheds 'empty calories'

IBM disappointed investors Monday, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile ...

Oct 20, 2014
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Facebook sues law firms, claims fraud

Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

Oct 20, 2014
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US tech firm fined for underpaying Indian workers

A Silicon Valley company is paying more than $43,000 in back wages and penalties after labor regulators found eight employees brought from India were grossly underpaid and overworked while assigned to a special project in ...

Oct 23, 2014
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