Citigroup has announced plans to cut 4500 jobs around the world in order to reduce its costs.

Raj Rajaratnam - the Galleon hedge fund founder convicted of insider trading on millions of dollars worth of AMD, IBM and other stocks - has been handed an 11-year jail sentence.

A former Goldman Sachs computer programmer has received a stiff prison sentence for stealing source code used in the company's high-frequency trading system.

No need to worry that Facebook will shut down on March 15, as reported by the supermarket tabloid Weekly World News.

No need to worry that Facebook will shut down on March 15, as reported by the supermarket tabloid Weekly World News.

Facebook reportedly generated $1.2 billion in revenue in the first nine months of 2010, according to a document being distributed by Goldman Sachs.

Tablets are making such a mark in the computer market that they just might start giving the world's largest chip maker a good bashing.

Microsoft's CEO Steve Ballmer yesterday dismissed a call that he should do what the federal government failed to do more than 10 years ago: break up the company.