Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.
Business
Feb 28, 2013
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Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.
Business
Feb 27, 2013
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Vestas, the world's top wind turbine maker, said Wednesday it was seeing the fruits of an extensive restructuring programme as it announced an annual loss but said quarterly sales were higher.
Business
Feb 6, 2013
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Samsung announced Monday it was pumping more money into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.
Business
Feb 4, 2013
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Internet companies will soon have to find a way to protect user privacy to avert a "clash" which could lead to increased government regulation, eBay chief executive John Donahoe said Wednesday.
Internet
Jan 30, 2013
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(AP)—An Italian appeals court on Friday overturned the convictions of three Google executives found criminally responsible for a video on a Google site that showed a disabled teen being bullied.
Internet
Dec 21, 2012
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Groupon shares surged Friday as market players reacted to chatter about a possible takeover for the troubled online deals company.
Business
Dec 8, 2012
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The European Commission on Wednesday said it had agreed how to move ahead in modernising copyright to protect authors and artists in the digital economy.
Business
Dec 5, 2012
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Facebook will become part of the Nasdaq 100 index of the largest non-financial companies listed on the electronic exchange, the market operator said Wednesday.
Business
Dec 5, 2012
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It was too expensive. It lacked editorial focus. And for a digital publication, it was strangely cut off from the Internet. That's the obituary being written in real time through posts, tweets and online chats about The Daily, ...
Internet
Dec 4, 2012
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