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SupersonicAds Gets $4.2 Million for In-Game Ads Platform

London — SupersonicAds, a social in-game advertising platform developer, raised $4.2 million from Greylock Partners to help compete with other international markets. The new funding...

Wooga Goes Mobile, Starting with 'Diamond Dash'

Germany — Social game developer wooga announced Tuesday at a Casual Connect conference in Seattle, Wash., that it is expanding its business into mobile....

Domain Holdings Raises $2.9 Million, Launches Turnkey Platform

Port St. Lucie, Fl.—Domain Holdings, a domain marketing, technology and developer company, has raised $2.9 million in a new round of funding. Backed by WWC...

IBM Raises Guidance, Plans $2 Billion 5-Year Bond Sale

San Francisco, Calif. — International Business Machines Corp.’s (IBM) earnings have risen 8 percent in the latest quarter, resulting in IBM’s decision to raise...

Apple Profits Up 125 Percent

Apple’s third quarter results were released today, and as expected the Cupertino-based company smashed its own revenue records. “We’re thrilled to deliver our best quarter...

Cisco Eliminates 6,500 Jobs, Sells Set-Top Box Facility

Cisco formally announced it will be laying off over 4,000 employees, for a total worldwide workforce reduction of 6,500 jobs following the voluntary early...

MoboTap Raises $10 Million for Dolphin Mobile Browser

MoboTap, the developer behind the Dolphin Browser for mobile devices, today announced it will receive $10 million in funding. The Series A round was...

Philips Plans $700 Million Cost Cuts After Poor Q2 Results

Netherlands — Royal Philips Electronics NV announced an unexpected $1.8 billion net loss for their second quarter Monday, the first financial report since transferring...

SupportSpace Raises Additional $12 Million For Remote Technical Support Services

San Francisco, Calif. — SupportSpace, a company that connects businesses with a number of independent software and technology consultants, announced their acquisition of an...

Groupon Files Revised IPO, Now Less Sunny

Groupon Inc. chairman Eric Lefkofsky was reminded about pre-floatation rules when his enthusiastic comments about the daily deals company became an element in Groupon's...