Former Microsoft CEO to Buy Los Angeles Clippers for $2 Billion

(CNN) — Former Microsoft CEO Steve Ballmer has signed a binding agreement to buy the Los Angeles Clippers for $2 billion from the Sterling family trust, a source familiar with the situation told CNN on Thursday night. The sale, negotiated by Shelly Sterling — co-owner with estranged husband Donald Sterling — will have to be approved at a […]

Google’s Employee Diversity…Isn’t

70 percent of Google’s employees are men and 61 percent of its U.S. employees are white, according to a workforce diversity report released by the company. Black workers accounted for 2 percent of the U.S. workforce, while Hispanics accounted for another 3 percent, according to the report released Wednesday. Asians accounted for 30 percent of the company’s […]

A China-US Tech War Will Cost the World Dearly

Beijing has ordered its state-owned companies to cut ties with American consulting firms like McKinsey and Boston Consulting Group out of concern that they may leak state and trade secrets to American spooks, according to the Financial Times. This news came just a few days after the American Justice Department publicly indicted five serving Chinese military […]

2-Hackers Raid eBay in Historic Breach

BOSTON, May 21 (Reuters) – EBay Inc said that hackers raided its network three months ago, stealing some 145 million user records from a database in what is poised to go down as one of the biggest data breaches in history based on the number of accounts compromised. It advised customers to change their passwords […]