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PayPal Will Cut 325 Jobs as Part of a Companywide Reorganization

Dec 26, 2012

Internet payments company PayPal will cut 325 jobs as part of a companywide reorganization, its president said Monday. The layoffs will hit PayPal's product and technology organization hardest. That's where nine product groups will be ...

Tags: PayPal, Internet payments company, jobs, companywide reorganization

Microsoft Will Webcast The Two Keynotes of Its Build Developers Conference

Dec 26, 2012

Microsoft said it will webcast the two keynotes of its BUILD developers conference, starting with today's at noon ET (9 a.m. PT). The company has not published a list of keynote speakers, but with the conference's emphasis on Windows 8, ...

Tags: Microsoft, keynotes, BUILD developers, ET

Google's Product Unveiling Event Will Feature a 10-in. Tablet Running Android 4.2

Dec 26, 2012

Google's product unveiling event next Monday will feature a 10-in. tablet running Android 4.2, possibly named the Samsung 10, and an LG Nexus 4 smartphone, according to reports. The Next Web said it learned of the new tablet from an ...

Tags: Google, tablet, Android 4.2, Samsung, LG, Nexus 4 smartphone

Koch Now Owns a 44 Percent Share of The Glass Manufacturer

Dec 26, 2012

Guardian Industries officials confirmed the company has completed the previously announced sale of a minority stake in the business to a subsidiary of Koch Industries. According to a recent Reuters report, Koch now owns a 44 percent share ...

Tags: Guardian, Koch Industries, CEO, Koch

Google Is Saying It's Not Really a Social Network After All

Dec 26, 2012

A year after Google+ was launched, it seems Google is saying it's not really a social network after all. Now this might be confusing to the 150 million people who actively use Google+ every month. They catch up with colleagues and friends ...

Tags: Google+, Google, social network

The New Smartphone Will Finally Be Available in Its Stores on Friday for $199.99

Dec 26, 2012

Two weeks after online orders of the Samsung Galaxy S III smartphone reached some AT&T customers, the carrier said the new smartphone will finally be available in its stores on Friday for $199.99 and a two-year contract. "We did let ...

Tags: Samsung, Galaxy S III, smartphone, customers

UPCL Has Been Criticized by The Comptroller

Dec 26, 2012

Business Standard reported that the Uttarakhand Power Corporation Limited,the sole power distribution company in the hill state,has been criticized by the Comptroller and Auditor General for its huge accumulated losses of INR 1,960.11 ...

Tags: Uttarakhand Power Corporation, CAG, UPCL, sole power distribution

Micron Technology Not Only Becomes a Tier 1 Supplier

Dec 26, 2012

With the purchase of Elpida Memory, the third-largest DRAM maker, Micron Technology not only becomes a Tier 1 supplier, but also catapults itself into the mobile space as a supplier to leading smartphone and tablet makers, including Apple. ...

Tags: Elpida Memory, DRAM, Micron Technology, mobile space, smartphone, tablet

Andy Halford Is Appointed by M&S to Its Bod

Dec 26, 2012

Marks and Spencer Group plc (“M&S”) announces the appointment of Andy Halford to its Board as a Non-Executive Director. He will take up his appointment on 1 January 2013. Andy Halford is the Chief Financial Officer of Vodafone ...

Tags: M&S, Andy Halford, BoD, consumer business

Sprint Nextel Now Plans to Charge All Subscribers an Extra $10 Per Month

Dec 26, 2012

Showing that it's serious about quickly phasing out its venerable iDEN network and traditional push-to-talk service, Sprint Nextel now plans to charge all subscribers on that system an extra $10 per month beginning Jan. 1. Sprint has ...

Tags: Sprint, iDEN network, service, Sprint Nextel, subscribers

CIO of Media Giant UBM,Leaves The Company to Pursue Other Opportunities as a Consultant

Dec 26, 2012

The chief information officer (CIO) of media giant UBM (formerly United Business Media), Rorie Devine, has left the company to pursue other opportunities as a consultant. UBM confirmed that the IT chief has left the post but the firm said ...

Tags: UBM, Computer Products, CIO

The US Are Likely to Cause Taiwan-Based Solar Firms to Report Falling December Revenues

Dec 26, 2012

Weather conditions and holidays in Europe and the US are likely to cause Taiwan-based solar firms to report falling December revenues. Some firms have been seeing orders returning for January and expect relatively good performance despite ...

Tags: solar firms, December revenues, Solar cell, Solar cell prices

Micron Technology Will Acquire Struggling Elpida Memory

Dec 26, 2012

Micron Technology announced today that it will acquire struggling Elpida Memory, the third largest producer of DRAM memory, for $750 million and will also take over $1.75 billion in Elpida's debt. Tokyo-based Elpida filed for bankruptcy ...

Tags: Micron Technology, Elpida Memory, DRAM memory, Elpida's debt

Posco Was Awarded The 11st Information Protection Award on December 17th

Dec 26, 2012

Posco was awarded the 11st Information Protection Award on December 17th,sponsored by Korea Communications Commission and hosted by Korea Internet&Security Agency. The Information Protection Award is given the group that is selected from ...

Tags: Posco, Information, Internet, Protection

Google's New $199 Nexus 7 Tablet Takes Advantage of Nvidia's Kai Reference Design

Dec 26, 2012

Google's new $199 Nexus 7 tablet takes advantage of Nvidia's Kai reference design, a proprietary technology that allows for a cheaper display and memory components that work in concert with a high-performance quad-core Tegra 3 processor. ...

Tags: Google, Nexus 7 tablet, Nvidia, Kai, proprietary technology