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Nokia Siemens to cut 8,500 jobs

Axe In Wood

Nokia Siemens Networks, the phone-equipment maker that Nokia Oyj is fully taking over, is considering reducing about 8,500 jobs to boost profitability, according to three people familiar with the matter.

Outsourcing is back-and that's good for business

Thumbs Up At Desk

In a sign that technology spending by American companies is slowly returning-and that the economic recovery is on track-information-technology companies have reported surprisingly upbeat earnings this quarter.

Kutcher: I was 'terrified' portraying Steve Jobs

Steve Jobs From Apple Com

The opportunity to portray Steve Jobs in the upcoming biopic about the late tech billionaire's life was both exciting and terrifying, actor Ashton Kutcher told CNBC on Tuesday, because the Apple co-founder was not only a prolific innovator, but a sometimes flawed and complicated person.

Jeff Bezos:'s 'dread pirate' founder

Browsing Internet

Each year, Jeff Bezos, the billionaire founder of Amazon, writes to his shareholders, attaching the same, three-page mailshot he first sent them following the company's stock market flotation. " passed many milestones in 1997," the historic missive opens.

Facebook hires ex-Google executive

For Hire

Facebook has hired Gary Briggs, a veteran of Google and Ebay to be its first chief marketing officer as the world’s largest social network seeks to expand its global brand.

IBM furloughs US employees to cut costs

Pile Of Coins

International Business Machines Corp (IBM) has said it’s requiring the majority of U.S. employees in its hardware unit to take a week off with reduced pay, cutting costs as demand slows for products such as servers.



Yahoo Sign

Yahoo users hit by 'malvertising' campaign

Yahoo users have become the target of one of the biggest “malvertising” attacks every, after a malware company bought advertising space on the company’s websites to deliver malicious adverts in an attempt to install malware on users’ computers.