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AOL’s Patch local news site to lay off up to 500

NEW YORK (AP) — AOL Inc. is laying off up to half the workforce at its Patch local news sites and shuttering or consolidating roughly 150 of the 900 sites while looking for partners for […]


Twitter mistakenly resets passwords of some users

SAN FRANCISCO (AP) — Twitter says it mistakenly reset the passwords of some users as part of a routine security check-up. Thursday’s mix-up triggered warnings on technology blogs and in tweets that the online messaging […]


Citigroup is fined $2 million over Facebook IPO

NEW YORK (AP) – Citigroup has paid a $2 million fine and fired a junior analyst after the employee leaked confidential information about Facebook’s initial public offering to a popular tech blog. The charges were […]


Zuckerberg says Facebook has overcome hurdles (video)

Facebook CEO Mark Zuckerberg hasn’t enjoyed watching his company’s stock price plunge, but he is relishing the opportunity to prove his critics on Wall Street wrong. “I would rather be in a cycle where people […]



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