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UNITED STATES

Vice Media valued at $2.5bn
Vice Media valued at $2.5bn

WASHINGTON, USA: Vice Media, the Brooklyn-based online news operation which has a strong following among 18- to 34-year-olds, has secured $500m in funding giving it a valuation of $2.5bn, according to reports in the New York Times and TechCrunch.

5 Sep 2014 08:57

UNITED STATES

Ballmer finally steps down from Microsoft's board
Ballmer finally steps down from Microsoft's board

SAN FRANCISCO, USA: Microsoft's former Chief Executive Steven Ballmer has stepped down as a member of the company's board of directors.

20 Aug 2014 08:22

UNITED STATES

Silicon Valley staff anti-poaching settlement rejected
Silicon Valley staff anti-poaching settlement rejected

SAN FRANCISCO, USA: A federal judge has rejected a plan to compensate employees affected by an "anti-poaching" agreement involving Silicon Valley technology companies Apple, Google, Intel and Adobe.

11 Aug 2014 10:45

UNITED STATES

LinkedIn must pay $6m in backpay to workers
LinkedIn must pay $6m in backpay to workers

WASHINGTON - LinkedIn has agreed to pay nearly $6m in backpay and damages to 359 current and former employees after a US investigation found it had failed to pay them properly for overtime work.

5 Aug 2014 11:11

UNITED STATES

Nokia hurts Microsoft revenues
Nokia hurts Microsoft revenues

NEW YORK, USA: Microsoft said its profits took a hit from its newly acquired Nokia phone division but that revenues got a strong lift from cloud services.

23 Jul 2014 09:35

UNITED STATES

Microsoft closes Xbox Entertainment Studios
Microsoft closes Xbox Entertainment Studios

SAN FRANCISCO, USA: Microsoft, caught-up in a battle to restructure its business, has confirmed that its studio devoted to original television programs for Xbox consoles will be closed.

21 Jul 2014 08:19

UNITED STATES

Reorganisation sees Microsoft axe 18,000 jobs
Reorganisation sees Microsoft axe 18,000 jobs

NEW YORK, USA: Microsoft said it would axe 18,000 jobs from its global workforce over the next year, the majority coming from the integration of Nokia bought by it earlier this year.

18 Jul 2014 08:38

UNITED STATES

Twitter's Rowghani quits
Twitter's Rowghani quits

SAN FRANCISCO, USA: Twitter's Chief Operating Officer Ali Rowghani announced he was leaving his post on Thursday, 12 June, amid concerns about sluggish growth at the popular messaging service.

13 Jun 2014 10:40

SOUTH AFRICA

Enter the 2014 Stevie Awards
Enter the 2014 Stevie Awards

SAN FRANCISCO, US: South African leaders in business excellence are invited to enter for the 2014 Stevie Awards. The closing date for entries is 11 June.

2 Jun 2014 09:40

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