Deals site LivingSocial cuts 400 jobs worldwide

(AP)—Online deals company LivingSocial is cutting 400 jobs worldwide, or about 9 percent of its work force, as the deals market continues to face challenges.

Yahoo to announce job cuts: report

Embattled Internet pioneer Yahoo will announce job cuts when it releases its quarterly earnings report on Tuesday, according to a report in The Wall Street Journal.

Groupon stock slides despite quarterly profit

Online shopping deals giant Groupon posted a sound quarterly profit but saw its stock tumble nearly 20 percent due to a disappointing forecast for the months ahead.

Snapchat parent Snap slides below IPO price

Shares of Snapchat parent Snap Inc. plunged Tuesday, slipping below the price at the time of its stock offering, after a pessimistic outlook from a Wall Street analyst on the popular messaging service.

Nokia eyes turnaround with new CEO, dividend (Update 2)

Nokia is planning for a turnaround now that it has sold its lossmaking handset business to Microsoft, naming on Tuesday a new CEO, promising to pay dividends again and laying out its vision for its remaining operations.

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