Social gaming publisher Zynga announced Monday that it will lay off 18% of its total workforce -- more than 500 employees -- in an effort to reduce staff costs and focus on the mobile sector.
Microsoft, confirming one of the technology industry’s worst kept secrets, is killing off its Zune music player about 5 years after its debut as a potential iPod killer.
Red Hat announced Tuesday that it is acquiring Gluster, which makes open-source software that clusters commodity SATA drives and NAS systems into massively scalable pools of storage, in a cash deal valued at about $136 million. Gluster is also a cont...
HP has started laying off workers associated with last year's billion-dollar acquisition of Palm, as it closes down the mobile device business it planned to base on Palm's webOS. The news comes almost exactly a month after HP announced a sweeping reo...
HP management has not been good to the company over the last few years. One would have to do a lot of searching to find a management team that has so thoroughly messed up in the court of public opinion.
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