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Intel to cut up to 12,000 jobs as PC industry swoons
April 20, 2016 by publisher · Leave a Comment
Intel Corp said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found. Tech companies including the former Hewlett Packard Co and Microsoft Corp have reorganized in the
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Intel to cut up to 12,000 jobs as PC industry swoons
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OPEC stands aloof of oil price regulation: Russian energy minister
April 20, 2016 by elegant · Leave a Comment
MOSCOW (Reuters) – Decision-making within the OPEC has become more complicated and since 2008 the international oil cartel has taken no action to regulate the global oil market, Russian Energy Minister Alexander Novak said on Wednesday. Novak, in remarks at an energy forum, said he
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OPEC stands aloof of oil price regulation: Russian energy minister
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Apple refused China request for source code in last two years: lawyer
April 20, 2016 by publisher · Leave a Comment
Apple Inc has been asked by Chinese authorities within the last two years to hand over its source code but refused, the company's top lawyer told lawmakers on Tuesday in response to U.S. law enforcement criticism of its stance on technology security. The congressional testimony highlighted an issue at the heart of a heated disagreement between Apple and the FBI over unlocking encrypted data from an iPhone linked to last December's San Bernardino, California shootings – how much private technology companies should cooperate with governments. Law …
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Apple refused China request for source code in last two years: lawyer
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Exclusive: Verizon set to make Yahoo’s bidder short list – sources
April 20, 2016 by creative · Leave a Comment
Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree
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Exclusive: Verizon set to make Yahoo’s bidder short list – sources