Facebook shares dropped below their IPO price in early trading Monday, just a day after the first full trading day of the US' second-largest public offering of all time. The tumble followed a turbulent trading session Friday.
US tech giant Yahoo! announced Sunday that Ross Levinsohn will temporarily replace chief executive Scott Thompson, who has resigned following controversy about his allegedly inflated resume.
In this edition we look at the world’s fastest-growing media business. The video games market is forecast to reach over $80 billion by 2015, according to PricewaterhouseCoopers. American, European and Japanese games makers dominate the market, but Middle Eastern actors want a bigger share of the pie. For many of them it’s not only about money, but also about cultural influence.
Faced with the eurozone debt crisis, a new wave of web entrepreneurs on the continent have been running to an unlikely destination - Estonia. The small Baltic nation has defied the economic downturn and is offering fledgling companies a cheaper and less bureaucratic alternative to Western Europe. Skype is only one example of how companies can find success in the country. Our correspondents Anne Mailliet and Janis Laizans caught up with those looking to follow in its footsteps.
Like many young, poor Filipinos, Ted had never used a computer before. Now he is taking a computing course at the university to fulfil his dream of working for a major technology company. A dream within reach, thanks to the training he received from a French charity. France 24 followed the organisation giving the poorest citizens a chance to contribute to their country’s development.
Japanese electronics giant Sony announced Thursday it would lay off about 10,000 workers as part of new CEO Kazuo Hirai's restructuring measures to cope with a forecasted record annual loss of $6.4 billion.
Although Moscow may no longer have the geopolitical influence that it had during the cold war, Russia is increasingly becoming a global tech powerhouse. In this special edition of Tech 24, FRANCE 24's Rebecca Bowring reports from Moscow on the growing prowess of Russian tech firms.
Japanese electronics giant Sony plans to cut 10,000 jobs worldwide in 2012 as part of attempts to revive the company's fortunes, media reports said Monday. Sony expects to lose $2.7 billion by March for a fourth consecutive year of losses.
Tech giant Apple offered to refund Australian customers Wednesday after the country's consumer watchdog took Apple to court for false advertising over its new iPad's 4G capabilities, which only works with North American wireless networks.
