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Microsoft to cut up to 7,800 jobs

Microsoft Sign

Microsoft announced plans Wednesday cut up to 7,800 positions and take a $7.6 billion write-down on its Nokia business amid efforts to restructure its struggling phone hardware business.

Reddit CEO issues apology: 'We screwed up'

Reddit Stickers

After a clampdown on offensive discussion boards and the firing of a high profile executive prompted backlash from Reddit users, the interim CEO of the so-called front page of the Internet issued an apology Monday.