Microsoft is writing off the $7.6 billion that it paid to buy Nokia's handset unit in 2014 and dropping some 7,800 jobs in its roll, most of them from the phone business. The reductions will take place over the next few months.
Tags: Microsoft
Twitter shares drop 15%; Is the microblogging platform ripe for a takeover?
Twitter could be in the crosshairs of acquisition attempts from other technology companies should the microblogging stalwart fail to reverse the freefall its stock prices have caught in.
Lumia 940, 940 XL Release Date, Specs: Microsoft's flagship boasts Iris Scanner, Stylus & more amazing specs
Microsoft's new flagship mobile devices, the Lumia 940 and 940 Xl, have been the topic of interest on the internet for quite some time. The Windows powered phones, codenamed Cityman and Talkman, are said to change the consumers outlook with its new and unique features.
US tech companies lead the $100B market capitalization list
Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.
Gogoro, the first smartscooter will start shipping its 400 pre-ordered units in Taipei
The company Gogoro will start shipping preordered Gogoro Smart Scooter in Taipei. The Taiwanese company started to accept orders on June 27 adding up Gogoro Plus, Gogoro's newest series in silver, blue, orange and yellow. The basic model costs $4000 while Gogoro Plus costs $4300.
Latest News
Windows 10 RTM edition will be rolling out on July 10, weeks in advanced for ts final release on July 29. The software is the successor to Windows 8, is designed to offer user-friendly experience and amend issues with the previous software.
With the unveiling of 343 Industries’ Halo 5: Guardians in the recent Electronic Entertainment Expo, the game flagged itself to the fans, gaining positive response for its Warzone mode, but also received disappointments with its multiplayer and microtransaction issues, which 343 Industries and Microsoft clarified later on.
Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations.
E3 reveals new Sony – Activision deal similar to Microsoft's exclusivity deal. The new agreement is set to begin with the upcoming first person shooter Call of Duty: Black Ops III.
A Microsoft executive compared the company's 2015 lineup of exclusive titles to those of industry rival Sony, adding that backwards compatibility will lead Xbox 360 users to convert.
With a great dismay of fans through social media rants on certain issues, both Microsoft and 343 Industries attempt to remedy such set-backs by addressing some issues regarding Halo 5.
Is Kinect dead? Microsoft's Loftis said no, but the firm's blurry plans for the device is telling otherwise.
Microsoft had joint ventures with Oculus and Valve VR to showcase Xbox One controller with Oculus Rift to be streamed to the VR headset.
Microsoft announced its Xbox One game roster for the current and the forthcoming year last Monday at E3. It featured backwards compatibility and a new 'Elite' controller for hardcore gamers.
