The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.
Technically Incorrect: After an ESPN baseball writer tweets his creationist views, he is suspended. This week, basketball color commentator Bill Walton tries to persuade play-by-plan man Dave Pasch about science. Pasch is unimpressed.
Cuts at the mobile-chips giant come as it faces a handful of ongoing government investigations into its business practices.
The San Francisco game maker for the second time has allowed employees to sell their stock. Kabam says it did not raise any money for itself.
An email from the head of Sony Entertainment Michael Lynton to Sony staffers tells them the FBI will be on hand in their Hollywood offices this week.
Two former Sony Pictures employees are suing the company, saying it mismanaged health care information and other personal details grabbed by hackers in a recent breach.
The company has acknowledged that personal information of both current and former employees has been stolen and could be used by criminals.
Sen. Al Franken, who raised concerns about the ride-sharing startup's privacy policies, says he is concerned about the lack of detail in Uber's response.
The group that claims to have hacked Sony Pictures and has been publishing the information on the Internet says studio's employees have a chance to keep personal data private. It says more releases are coming.
Employees of the South Korean handset maker have agreed to return 20 percent of their salary from December to March to help Pantech stay afloat amid rising debt and growing concerns over securing a buyer for the company.