The entertainment giant cuts one quarter of its staff after social gaming proves to be a bust. However, Disney is not alone.
Despite returning to a slight profit, HTC continues to struggle amid larger rivals Apple and Samsung Electronics.
Shares soar after troubled daily-deals site announces 7 percent jump in revenue and installs Eric Lefkofsky as permanent chief.
The entertainment giant is said to have spent $100 million on a new video game project that lets players design their own landscapes and use their own characters from Disney movies and TV shows.
All-time legal music downloads in the UK have just hit 1 billion, led by everyone's favourite heart-weary North Londoner.
With decelerating user growth, Twitter might want to consider paid subscriptions. If just 3 percent of users paid the price of one cup of coffee per month, the company could net more than $250 million annually.
For the first time in four days, the downward trend in the social network's stock turns around, rising by $1.41 per share. Still, it's a far cry from when the company went public.
Net income climbs 66 percent in quarter as CEO calls 2012 a "transformative year for LinkedIn."
The chief executive of Advanced Micro Devices, the second largest PC processor supplier, had some pretty dire things to say about the state of the PC market.
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