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Twitter announces layoffs as CEO Dorsey looks to revive growth

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The layoffs, primarily in the company's engineering and product functions, come a week after Dorsey took over as permanent CEO. Shares of Twitter, which had about 4,100 employees globally as of June 30, rose as much as 6.7 percent to $30.68 on Tuesday. “We feel strongly that engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce,” Dorsey said in a letter to employees

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UAE’s Etihad Airways signs $700 million IT deal with IBM

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Abu Dhabi's Etihad Airways has signed a 10-year $700 million deal with IBM for a range of information technology services and infrastructure, the companies said on Tuesday. The state-owned airline with equity stakes in Alitalia [CAITLA.UL] and Air Berlin among others chose IBM to move its IT infrastructure to cloud-based platforms to serve its clients better, a statement said.

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Turkish editor jailed pending trial for insulting Erdogan: media

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A newspaper close to an Islamic cleric foe of Tayyip Erdogan said its editor had been remanded in custody ahead of trial on charges of insulting the Turkish president, fueling fears of a media clampdown ahead of a Nov. 1 election. The English-language Today’s Zaman chief editor Bulent Kenes was detained at its Istanbul offices on Friday, Dogan news agency said, and sent to Metris jail in Istanbul by court order

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Computer science now top major for women at Stanford University

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By Sarah McBride SAN FRANCISCO (Reuters) – Computer science has for the first time become the most popular major for female students at Stanford University, a hopeful sign for those trying to build up the thin ranks of women in the technology field. Based on preliminary declarations by upper-class students, about 214 women are majoring in computer science, accounting for about 30 percent of majors in that department, the California-based university told Reuters on Friday. If more women majored in technological fields like computer science, advocates say, that could help alleviate the dearth of women in engineering and related professions, where many practitioners draw on computer science backgrounds

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