The Japanese tack giant Sony today finally detailed out its restructuring plans for its Japan-based business with the closing of a lens factory, resulting...

Yahoo’s CEO Scott Thompson emailed his staff last Thursday to reassure employees about the company’s strategy. The new Yahoo could be a much small entity with a focus on media and advertising, with the layoff targeted at the product, research and marketing groups. Yahoo’s CEO Scott Thompson has convened top management to outline the restructuring plans and will...