Taiwanese smartphone maker HTC said Thursday it would cut more than 2,000 jobs, slashing its workforce by 15 percent, after posting its biggest ever quarterly loss.
Google unveiled a surprise corporate overhaul Monday, forming a new parent company dubbed Alphabet to include Internet search and a handful of independent companies.
Google has taken the idea of a company reorganisation to a new level with a restructure that sees the creation of a new overall parent company called Alphabet.
Google's reshaping under newly formed parent Alphabet gives the tech giant more ability to focus on its core business, while offering startup-like flexibility to long shot, trailblazing projects.
As Google faces an antitrust probe from European regulators, some analysts are questioning whether the California tech giant's dominance has already peaked.
Investors pumped some $32.5 billion into more than 1,800 venture-backed companies around the world in the past quarter, amid feverish interest in tech startups, a survey showed Thursday.
Germany's BMW said Tuesday it was checking the "trademark implications" of Google naming its new parent company Alphabet, which is the registered name of one of the auto maker's subsidiaries.
Google on Thursday unveiled its pay-with-a-phone system for Android devices, ramping up its challenge to Apple in mobile payments.
They drive for Uber, deliver groceries for Instacart, run errands for TaskRabbit, and rent spare rooms on Airbnb.
Symantec will sell its Veritas information management business for $8 billion in cash with plans to funnel proceeds back into its main line of work, cybersecurity, and to buy back shares.