Microsoft

Microsoft cuts 7,800 jobs, reorganizes phone unit

Microsoft announced plans July 8 to cut 7,800 jobs along with a reorganization of its Windows Phone unit which has struggled in the mobile market.

The move represents the second major round of layoffs in a year for Microsoft, which cut some 18,000 jobs a year ago as part of its effort to integrate the Nokia handset division.

Pair arrested for alleged ID scam

A 53-year-old man and a 52-year-old woman were arrested in Athens late on Monday on suspicion of illegally possessing the personal details of thousands of people, which they attempted to sell to businesses.

The arrests were made after an e-mail was sent to numerous companies offering them the 150,000 people?s e-mail addresses for an unknown fee.

Apple tops Forbes' most valuable brands list for fifth straight year

Apple has topped Forbes? most valuable brands list for a fifth straight year with a brand value of $145.3 billion, after selling 74.8 million smartphones worldwide in the fourth quarter of 2014.

The magazine said the Apple brand?s $145.3 billion value was up 17 percent over 2014. 

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