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July 8, 2015, 4:10 PM
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Microsoft:
Microsoft announces 7,800 job cuts mostly in phone business, writes off $7.6B from Nokia deal  —  Microsoft Announces Restructuring of Phone Hardware Business  —  REDMOND, Wash. — Microsoft Corp. today announced plans to restructure the company's phone hardware business to better focus and align resources.
Microsoft:
Satya Nadella email to employees on sharpening business focus  —  Over the past few weeks, I've shared with you our mission, strategy, structure and culture.  Today, I want to discuss our plans to focus our talent and investments in areas where we have differentiation and potential for growth …
Mary Jo Foley / ZDNet:
Microsoft job cuts to hit staff at manufacturing facility in Finland, company's sales group, and others  —  Microsoft's latest job cuts to hit manufacturing, sales  —  MIcrosoft's Finland offices and its Sales and Marketing Organization will both be impacted by the company's 7,800 job cuts.
Wall Street Journal:
Apple orders between 85M and 90M units of upcoming iPhone models, around 10M more than last year; new models expected to have Force Touch technology  —  Apple Plans Record Number of New iPhones  —  Apples asks suppliers to make up to 90 million of the expected next models by year-end
Chris Welch / The Verge:
Tidal launches family plan: each new member gets 50% discount from initial $9.99 or $14.99 subscription, still more expensive than Apple Music  —  Tidal now has a family plan, but it's more expensive than Apple Music  —  With many of its music subscription rivals offering attractive family plan pricing …
John Ribeiro / Computerworld:
Judge voids $533M award in Apple vs. Smartflash patent case, orders new trial on damages  —  New trial on damages ordered in Apple, Smartflash patent dispute  —  A federal court in Texas has ordered a new trial on damages in a patent infringement dispute between Apple and Smartflash …
C. Custer / Tech in Asia:
How China's stock market drop affects tech companies  —  Unless you've been living under a rock recently, you're probably aware that all is not well in China's stock markets.  After hitting an all-time high in mid June, China's markets have dropped by nearly a quarter, shedding in excess of US$3 trillion …
Todd Bishop / GeekWire:
Court rejects Intellectual Ventures appeal in Capital One case, citing ‘unpatentable abstract ideas’ … The U.S. Court of Appeals for the Federal Circuit has ruled against Intellectual Ventures in a dispute with Capital One Financial, finding that two of the company's patents were based on …

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From Mediagazer

Alex Sherman / CNBC:
Sources: WBD continues to hold talks with the NBA about keeping the rights, but it's more likely the league signs papers with NBCUniversal, forcing WBD to match

New York Times:
Sources: Sony and Apollo sign NDAs but back away from their $26B offer for Paramount's assets, partly due to Sony shareholders' concerns over streaming costs

Hayley Wong / South China Morning Post:
The US says it is deeply concerned over reports that Zhang Zhan, imprisoned after covering COVID-19 in China, has disappeared after her expected prison release

More News

Earlier Picks

Lance Whitney / CNET:
Google starts testing self-driving cars in Austin in first expansion outside California
Fitz Tepper / TechCrunch:
Facebook Announces Fifth Data Center, Located In Fort Worth, Texas
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