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10-30-12
Swiss bank UBS has announced it is cutting 10,000 jobs worldwide as it slims down its investment banking activities.

10-30-12
Scott Forstall, one of the most visible faces of Apple in the wake of Steve Jobs' death, is leaving the company in a surprise shakeup at the head of Apple' ranks.

10-29-12
PayPal appears to be feeling the pressure from rivals in the newly hot payment space, as the company is being forced to cut 445 jobs in a major product restructuring.

10-28-12
Citigroup fired its top Internet analyst, Mark Mahaney, and paid a $2 million fine to a Massachusetts regulator to settle charges that the bank improperly disclosed research on Facebook IPO and information on other tech companies.

10-26-12
About a quarter of working-age people in recession-hit Spain are unemployed, new figures have shown. The unemployment rate rose to 25% in the third quarter, from 24.6% in the previous three months, Spain's National Statistic Institute said.

10-26-12
A New York businessman has been charged with trying to defraud Facebook by claiming he was owed a 50% share of the social media company, prosecutors say.

10-26-12
Apple's earnings were mixed for its fourth fiscal quarter, but the company is looking ahead to a record-shattering holiday season.

10-26-12
Samsung reports record quarterly profit Samsung Electronics, the world's largest technology company by sales, reported record net profit for the third quarter as booming sales of its smartphones and flat panels offset slowing demand for memory chips.

10-25-12
It's only October, but companies like Amazon are already thinking about the holidays. The online retailer is the latest to announce its seasonal hiring plan, and it's significant: 50,000 jobs in the United States

10-25-12
It's the day some Facebook employees have waited years for: Their paper wealth now has an official cash value, to the tune of $5.2 billion.

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