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RIM, Microsoft Stocks Sink

Both Microsoft and Research In Motion took stock hits on Friday after bad news about their flagship products.
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Stephen Elop At Nokia Press Conference

Thousands Of Nokia Employees Laid Off

Nokia has announced 4,000 people will be without a job by the end of next year; and 3,000 more will be transferred to Accenture to help the company transition to Windows Phone 7.
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Microsoft wrestles slack PC sales and wilting stock

Microsoft might be about to report its earnings grew more than 20 percent on climbing revenue but the results will fail to rouse the software company's shares from a decade-long slumber or douse fears its dominance of personal computing is waning.

Iran Says It Is Hit By Cyber Attack Again

The Iranian government has not issued any details about kind of damage the Stars virus did. While Jalali did not accuse the U.S. or Israel directly, he did refer to attacks from the U.S. and Israel on Iranian web sites and Internet infrastructure.
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Microsoft plans sweeping pay raises - CEO memo

Microsoft Corp plans to broadly raise salaries and stock awards to attract and retain top talent, Chief Executive Steve Ballmer said in an internal memo obtained by Reuters on Thursday.

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