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Autonomy founder Lynch to leave HP

Mike Lynch, arguably Britain's most successful tech entrepreneur, has resigned from HP, the company he sold Autonomy to last year.

Social media as important as face-to-face, say CEOs

Social media is set to become one of the most important forms of customer interaction, according to a new IBM study of more than 1,700 CEOs across 18 industries.

Facebook IPO disappoints

After Facebook's IPO suffered technical glitches, and banks had to prop up the share price, stock analysts are already saying 'sell'.

Facebook floats at $116bn valuation

Mark Zuckerberg's social networking behemoth is finally publicly trading, and in its opening minutes secured a $116bn valuation.

Britons waste two days a year waiting for websites to load

Move over road rage, there's a new psychosis in town. According to web hosting firm 1&1 Internet, slow web pages are still a major issue for 78% of internet users, prompting bouts of 'negative emotion'.

Pinterest and Bono cash in on 'Facebook effect'

Social networking site Pinterest has raised $100m, valuing the two-year old business at £1.5bn.

Moonfruit acquired by Yell

The off-the-peg website and online shop builder has been bought e-lock, stock and barrel by Yell for £18m with a £5.2m pay-out for the executive team after two years.

The Social Network screenwriter to pen life of Jobs

Quote of the day: 'There is no writer working in Hollywood today who is more capable of capturing such an extraordinary life for the screen,' reckons Amy Pascal, co-chairman of Sony Pictures Entertainment. That life is that of Apple co-founder Steve Jobs, and that writer is none author than Aaron Sorkin,...

Groupon trims losses to $3.59m

The daily deals service has slashed losses by 96% in the first quarter by cutting marketing spend and bumping up revenues 89% year-on-year.

Facebook to raise its share price ahead of IPO

Stat of the day: $100bn+. As Facebook cracks on with its IPO road show, the social network has raised the price range, adding billions to its upcoming valuation.

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