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2012-05-23
Hewlett-Packard will announce another round of substantial job cuts Wednesday afternoon in an effort to streamline its teetering PC and services businesses, a source familiar with the plans told Fortune.

2012-05-23
Facebook continued to plunge as its stock dropped nearly 9% Tuesday.Facebook (FB) fell as low as $30.98 per share just minutes after the opening bell. That's 18% below $38, the price of its initial public offering, which debuted on the Nasdaq on Friday. The stock ended the day down 8.9% at $31.

2012-05-22
Facebook stock fell 7 percent in early trading Tuesday, after an 11 percent fall Monday. In challenging market environment, selling IPO of Facebook stock is like 'trying to get a jumbo jet to take off in turbulent weather.'

2012-05-22
It will cover 2.8 million square feet and have its own power plant inside its massive, gleaming circular design.

2012-05-22
Google officially completed its $12.5 billion purchase of Motorola Mobility on Tuesday. It's a watershed moment for the company, marking both its biggest acquisition ever and Google's transition from a search-and-software company to a consumer gadgets maker.

2012-05-21
In a scolding letter sent to Google on Monday, European regulators outlined their "concerns" about Google's business practices, giving the search giant "a matter of weeks" to shape up or pay up.

2012-05-21
Facebook's stock slid below its offering price in morning trading on Monday, following a lackluster debut day. Facebook (FB) fell as low as $33 in the first half-hour of trade, but it was holding around $33.90 at 11:15 a.m. ET. That's a more than 11% drop from Friday's $38.23 closing price.

2012-05-21
Apple and Samsung are holding two days of talks that will try to find a way to end the many legal rows between the rivals.

2012-05-21
US internet company Yahoo said it has reached a deal to sell part of its stake in China's biggest internet company Alibaba Group.

2012-05-21
The chief executive of Nasdaq OMX said he was "embarrassed" after technical glitches caused Facebook's widely-anticipated IPO to be delayed Friday, according to several news reports.

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