Technology - Business news

Nadella to head Microsoft; Gates leaves chair role

Microsoft has named Satya Nadella, an executive in charge of the company's small, but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill Gates is ...

Feb 04, 2014
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Facebook stocks up for Google fight

As Facebook and Google jockey for dominance of the Web, the social networking titan's $5 billion stock offering will give it a hefty warchest for the ongoing fight, analysts said.

Feb 02, 2012
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Apple 'cuts orders with iPhone 5C assemblers'

Apple has told two companies assembling its new lower-cost iPhone 5C that it is cutting orders for the fourth quarter, raising concerns over weaker-than-expected demand, a report said Wednesday.

Oct 16, 2013
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Google chairman to sell $2.5 bn of shares

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Feb 09, 2013
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Facebook billionaire shuns luxury for startup life

(AP) -- Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean.

Apr 29, 2012
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