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Investors cheered after Twitter CEO Jack Dorsey's announcement of plans to cut up to 336 jobs, or 8 percent of the global workforce, as part of an effort to strengthen long-term growth. Dorsey, the company cofounder who last week reclaimed his former position as chief executive, announced the painfu...

Facebook on Monday added several new features designed to encourage m-commerce. One of them, Canvas, aims to improve mobile ad delivery. It isn't that people flat-out dislike ads on Facebook. However, Facebook's ad delivery service has suffered from the derailing effect of the redirect. Canvas is de...

Dell on Monday announced it would acquire EMC in a deal valued at $67 billion, maintaining VMware as a publicly traded company. EMC shareholders will get $24.05 per share in cash, as well as 0.111 shares of new tracking stock per share of EMC linked to the company's economic interest in the VMware b...

Sony last week knocked $50 off the price of the PlayStation 4, putting the console on par with the $349 Xbox from rival Microsoft. A cost cut also went into effect in Canada, where the price dropped from Sony's recommended price point of CA$449.99 to CA$429.99. Touting upcoming multiplatform games C...

Reddit earlier this week announced the launch of Upvoted, a new publication featuring original content from a team of staff editors and writers. Reddit has more than 202 million monthly users. Its podcast have been downloaded more than 1.6 million times since January, and its newsletter has hundreds...

Tesla Motors CEO Elon Musk's recent comments to a German newspaper -- suggesting that Apple is the "Tesla graveyard" due to its hiring of fired Tesla employees -- has struck some nerves in the U.S. Musk dismissed claims that Apple had poached staff, telling the paper that those who couldn't cut it a...

Amazon on Thursday announced Handmade at Amazon, a new specialty site designed to sell original handcrafted wares to a unique set of customers in a market led by rival etailer Etsy. Etsy, in its 10th year of operation, put the retail industry on notice in April, when its share price rose to $31, up ...

Verizon has announced it will begin sharing customer data with its AOL Advertising Network, triggering concerns about privacy and customer tracking. AOL will use Verizon's supercookie -- which is difficult to get rid of -- to track users. Devices on a user's Verizon Wireless account, those used to l...

The field of fantasy sports is faced with a fresh set of legal questions, following this week's allegations of insider trading on DraftKings and FanDuel. Having been validated by their skill component, fantasy sports have spilled across state lines and even into the world of collegiate athletics, a ...

Amazon has become the first stop for nearly half of online shoppers researching potential purchases, according to a report BloomReach released Tuesday. Nearly half -- 44 percent -- of some 2,000 survey participants said they go directly to Amazon to search for products. That's a substantial increase...

Europe's highest court on Tuesday ruled that a 15-year-old agreement regulating electronic data transfers with the United States was invalid, potentially striking a blow to thousands of U.S. technology companies that rely on a uniform legal standard do business overseas. The European Court of Justic...

The spectacular database breach that affected nearly 21 million people highlighted the continuing vulnerability of U.S. government information technology systems, despite the expenditure of billions each year for cybersecurity programs. The breach, which the federal Office of Personnel Management re...

Twitter cofounder Jack Dorsey, who has been running the company as interim CEO for the past three months, has taken the reins for good, the company revealed in a document filed with the SEC last week. Former CEO Dick Costolo has left Twitter's board of directors, and Adam Bain has stepped into the c...

Amazon last week said it planned to stop selling streaming devices from rivals Apple and Google. A pillar of its Prime ecosystem, Prime Video, was incompatible with Apple TV and Google's Chromecast, the company suggested. It made the decision to "avoid customer confusion," according to a company sta...

For retailers that do not yet accept EMV cards -- credit and debit cards with chips embedded in them -- a spine-tingling deadline arrived last week. Liability for any payment fraud that results from acceptance of old-school plastic shifted to them. The magnetic chips in EMV cards will reduce in-stor...