Shares of Tencent, China's biggest gaming and social media firm by revenue, fell nearly 4% this week up to the close of trade on Tuesday, wiping some US$12 billion off its market value. The stock was up more than 1% on Wednesday, reversing earlier losses.

Intel plans to lay off 97 people at its corporate headquarters in Santa Clara and up to 40 more in Ireland as the chipmaker makes cuts to its Internet of Things group.

China Internet giant Tencent has limited the hours that children can play several of its most popular games. It said the measures, restricting gaming depending on the player's age, were "to dispel parents' worries."

A source with knowledge of the planned downsizing told TechCrunch that the US firm would lay off "thousands" of staff across the world. The restructuring is set to include an organizational merger that involves its enterprise customer unit and one or more of its SME-focused divisions. The changes are set to be announced this coming week, we understand.

Even during the most bullish Bitcoin days, video card partners had shied away from creating specific SKUs for the purpose of cryptocurrency mining, and that has remained the case since - until now. With the Ethereum mining mania hitting new heights (ed: and arguably new lows), add-in board vendors ASUS and Sapphire have released mining-specific video cards, with variants based off of NVIDIA's GP106 GPU, and AMD's RX 470 & RX 560 video cards.

Toshiba is suing Western Digital for JPY120 billion, accusing it of interfering in the attempted sale of its flash memory business. The Japanese giant is offloading the unit to cover huge losses in its US nuclear division.

Companies across the globe are reporting that they have been struck by a major ransomware cyber-attack. British advertising agency WPP is among those to say its IT systems have been disrupted as a consequence.

Google has been fined EUR2.42 billion by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results.

If you remember, all the way back in February, HMD's Nokia Android lineup made its international debut at Mobile World Congress. The highest-end device, the Nokia 6, impressed us with its metal body, great build quality, stock Android, and low ??29 price tag.

Apple is working with Cisco Systems to help businesses that primarily use gear from both companies to get a discount on cyber-security insurance premiums, Apple CEO Tim Cook said on Monday.

SensoMotoric Instruments, founded in 1991, has developed a range of eye tracking hardware and software for several fields of use, including virtual and augmented reality, in-car systems, clinical research, cognitive training, linguistics, neuroscience, physical training and biomechanics, and psychology.

According to industry sources, LG Innotek has almost completed the development of flexible PCBs and would likely to break the ground for related facilities in the latter half of 2017. LG Innotek aims to become a main flexible PCB supplier for Apple and LG Electronics.

Under certain conditions, systems with Skylake or Kaby Lake processors can crash due to a bug that occurs when hyperthreading is enabled. Intel has fixed the bug in a microcode update, but until and unless you install the update, the recommendation is that hyperthreading be disabled in the system firmware.

Japanese car parts maker Takata has filed for bankruptcy protection in the US and Japan. It is facing billions of dollars in liabilities over its defective airbags, which have been linked to at least 17 deaths worldwide.

The effects of the most recent cryptocurrency mining phase are having a direct impact on various markets, most notably on the GPU product lines from Nvidia and AMD.

Memories of Steve Jobs illuminated some of the brightest moments of on-stage discussions with four engineers from the original Apple iPhone team. The Computer History Museum organized the event as part of a tribute to the landmark handset's 10th anniversary, moderated by former New York Times tech reporter John Markoff.

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.

Foxconn chairman Terry Gou told Nikkei Asian Review about the arrangements in an exclusive interview, a week after he said that Apple and Amazon were financially backing Foxconn's efforts in vying for Toshiba's memory chip unit.

Takata Corp. is poised to drop after the embattled airbag maker was said to be planning to file for bankruptcy, paving the way for a sale of the 84-year-old Japanese company behind the biggest safety recall in automotive history.