Business

Gawker Media owner Nick Denton on Thursday revealed that Gizmodo, Lifehacker, Kotaku, Jalopnik, Jezebel and Deadspin will continue with their current writers and other staff members following the company's sale to Univision, but that neither he nor Gawker.com will be included in the transition. The ...

Cisco Systems will cut up to 5,500 employees from its 73,000-strong global workforce, the company announced Wednesday as part of its Q4 earnings report. The restructuring will allow further investment in key priority areas such as security, the Internet of Things, collaboration, next-generation data...

Intel last week announced the acquisition of startup Nervana, in a bid to enhance the company's capabilities in artificial intelligence and deep learning. Nervana jumped out of the gate at its 2014 launch with a robust platform for deep learning, a framework called "Nervana Neon," and the Nervana En...

Tim Cook talked about his five years at the helm of Apple in a wide-ranging interview published Saturday. Apple fans looking for juicy morsels about new products won't find them in the Q & A, however. Among other things, Cook discounted the bleak claims of analysts who maintain the smartphone ma...

A Russian regulatory authority earlier this week named Apple, along with more than a dozen Russian retailers, as a target for an investigation into price-fixing activities. The Federal Antimonopoly Service, or FAS, has seen signs of price-setting coordination among iPhone resellers in Russia, accord...

C Spire started out as a privately owned wireless competitor in Mississippi. Since then, it has expanded in several directions. Its focus last year was on installing high-speed Internet in a few Mississippi cities. Now it is partnering with MobiTV to offer a new television service for the home. The ...

GV founder Bill Maris on Wednesday said that he was departing the company after an eight-year tenure, and that his replacement would be David Krane, a managing partner and one of his chief deputies at the Alphabet-owned venture capital firm. Krane is a 17-year Google veteran. Maris reportedly wanted...

Walmart on Monday announced that it plans to acquire Jet.com, paying $3 billion in cash and another $300 million worth of Walmart shares. With the acquisition, "Walmart.com will grow faster, the seamless shopping experience we're pursuing will happen quicker, and w''ll enable the Jet brand to be eve...

Gawker founder Nick Denton earlier this week said that he filed for personal bankruptcy protection after exhausting his appeals to stave off collection of damages resulting from a defamation and invasion of privacy lawsuit brought by professional wrestling icon Hulk Hogan. The filing followed a Flor...

Apple's tough negotiating stance apparently has hobbled its efforts to bring entertainment industry companies on board with its planned streaming TV service. Talks with Disney, 21st Century Fox and CBS reportedly have fallen through. Had the entertainment and cable TV industry given in, Apple's dema...

Oracle's acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions. Now, the question will be whether Oracle ...