tech biz

DreamWorks Animation begins layoffs, number unknown

GLENDALE, Calif.  - DreamWorks Animation SKG Inc has begun a round of layoffs, a labor union said on Monday, while media reports indicated that up to 400 employees could be cut from the studio's workforce.

Globe boosts remittance service with Bayad Center

MANILA – Globe Telecom Inc., through its subsidiary G-Xchange Inc. (GXI), has entered into a partnership with Corporate Information Solutions Bayad Center Inc. to boost its mobile money services nationwide.

Japan's Sharp plunges on loss report

Japan's Sharp plunged in Tokyo on Monday following a report that said the consumer electronics giant would fall back into the red, reversing company forecasts for an annual profit.

Why is Facebook on a hiring spree?

Virtual reality goggles, drones and data centers are all driving a hiring spree at Facebook Inc  that is set to swell its ranks as much as 14 percent in the near term, according to a review of job listings on the company's website.

Chastened Uber CEO seeks fresh start in Europe

The chief executive of controversial online ride-sharing company Uber stuck a newly conciliatory tone on Sunday, promising to create 50,000 new jobs this year across Europe in cities that are willing to reach deals to help his firm operate.

Xiaomi to invest in Indian start-ups, overseas content

China's Xiaomi Inc plans to invest in Indian tech start-ups and overseas media content, as the world's No.3 smartphone maker looks to dominate homes with its own TVs and appliances.

China Telecom plans bid to build Mexico broadband network

MEXICO CITY - China's third-largest carrier China Telecom is preparing a possible bid for a contract to build and run a new mobile broadband network in Mexico and is seeking local partners to join it in a consortium, three people with knowledge of the matter said.

Uber ordered to shut down South Carolina operations for now

Ride-sharing company Uber has been ordered by South Carolina regulators to cease operations in the state while it remains in the process of seeking permission to legally do business there.

Twitter hackers announce 'World War III'

Hackers took over Twitter accounts of the New York Post and United Press International on Friday, writing bogus messages, including about hostilities breaking out between the United States and China.

British police arrest man over Christmas Xbox, Playstation hacks

LONDON - British police said on Friday they had arrested a man in northwest England following the 2014 cyber attacks on Sony PlayStation and Microsoft Xbox systems.