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'Significant' new round of funding for Twitter

Twitter announced on Monday it has closed a deal for a "significant" round of new funding led by Russian investment company DST Global.

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Boston Globe cuts jobs in newsroom, elsewhere

The Boston Globe has offered buyouts to 43 employees, including 20 in the newsroom, in the face of "challenging times for our industry."

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Looking for a stock tip? Follow insiders at firms that spend on advertising

(Phys.org)—It's a popular and successful strategy for many investors: Follow the trades made by corporate insiders, those high-level officials who often have informational advantages about their...

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Web portal Sina posts $336 million quarterly loss

(AP) -- Sina Corp., a popular Chinese web portal operator, sank to a loss in the latest quarter due to writedowns on investments in two online businesses but revenues and microblog traffic were up.

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China's Xinhua plans to list website: report

China's official Xinhua news agency plans to list its website by year-end, a report said Wednesday, as the government ushers more state media giants to the stock market.

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Man sent to prison for Internet-based Ponzi scheme

(AP)—A man who ran a Ponzi scheme disguised as an online advertising company has been sentenced to 78 months in prison.

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