He’s back. Today, following the cessation of trading, Zynga announced that its former CEO Mark Pincus will return to the role. Now-prior CEO Don Mattrick is out of two chairs: The one atop the company’s leadership structure and his seat on the board. The company’s shares fell more than 10 percent in the wake of the …
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Social game developer Zynga tumbled 9 percent in after-hours trading following the second quarter 2016 earnings announcement after the bell today. The company reported a net loss of $4.4 million, while still beating analysts’ expectations in terms of revenue. For the second quarter ended June 30, the San Francisco-based maker of FarmVille …
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It’s bad news for Yahoo. The company is in the midst of finalizing its sale to Verizon, but recent revelations about hacking and spying may be costing them a pretty penny. A story from the New York Post alleges that Verizon is now asking Yahoo for a hefty $1 billion discount …
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Samsung has said it has terminated the contract of one of the labor supply companies it works with in Malaysia following an investigation after media reports last month alleged serious abuses of working conditions among the contracted workers. Other labor supply companies Samsung works with remain under investigation, according to its statement …
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AOL CEO Tim Armstrong just announced internally that there will be layoffs across AOL’s global workforce (AOL is TechCrunch’s parent company). The company will focus on mobile, video and data across two business units — media and platforms. While the company doesn’t say exactly how many people will be affected …
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Yahoo has said that it will be resetting passwords of several users after it identified a “coordinated effort to gain unauthorised access” to those users Yahoo Mail accounts. The company did not share much detail about the attack, like how many accounts were affected. It did say, however, that the …
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The massively popular (and occasionally crashing) deals website, Catch Of The Day, has told its customers yesterday that they should change their passwords right now, after confirming they suffered a massive data breach. And while they confirmed that user information, encrypted passwords and a small number of credit card numbers were …
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Spark New Zealand – the country’s largest internet service provider – suffered a massive outage lasting nearly thirty hours from last Friday. The outage saw its nearly 700,000 customer base having slow or no internet connectivity on their mobile phones or computers – all because some users on their network …
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Lebara Mobile has today announced its new Lebara Plus scheme, which gives its customers an extra 2GB of data or credit worth up to $20 – if you agree to see advertisements and “special deals” every time you unlock your phone. While there is no minimum time limit, this offer only applies to …
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Apple must repay €13 billion (or AU$19.2 billion) in back taxes to Ireland, after the European Commission ruled that agreements made with the Irish authorities were illegal under European Union rules. These agreements, according to the European Commission’s ruling, substantially lowered the amount of tax Apple had to pay in Ireland since 1991. …
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