Goldman Sachs will lend $500m to Alibaba Group as the company seeks $8bn of loans, two people familiar with the matter said.
Zynga CEO Mark Pincus broke the news of massive layoffs at his social gaming company to his staff with a sober email: "Today is a hard day for Zynga and an emotional one for every employee of our company."
Google Glass officially got its first porn app, but the thrill may not last for long if Google has its way.
Suffering shareholders in the one-time most popular stock may finally have reason to celebrate: The Apple bottom is in.
Microsoft CEO Steve Ballmer is working to restructure the software company to be more focused on providing "devices and services," according to a report.
Apple colluded with the world's top publishers to bump up the price of ebooks and cost consumers "hundreds of millions of dollars", a US court heard Monday.
Pretty much everyone (myself included) has been reading Google+ wrongly.
Zynga, the social gaming company behind CityVille, Words With Friends and Draw Something, is laying off 580 people and closing offices in New York, Dallas and Los Angeles.
How do you sell the technology company you founded for $1.8bn and five years later file for personal bankruptcy ?
Virtual reality guru innocent victim of unexpected and tragic accident.