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Google+, Apple's iCloud keep developers keen

iPhone 5: Top 10 Most-Wanted Features Recap: iOS5 and iCloud
Mobile developers more than ever want to devote their energies to writing apps for Apple's iOS and Google's Android platforms at the expense of their less popular rivals, a study released on Wednesday showed.
Scott Forstall talks about iOS5 for the iPhone at the Apple Worldwide Developers Conference in San Francisco

Google+, Apple's iCloud keep developers interested

Mobile developers more than ever want to devote their energies to writing apps for Apple's iOS and Google's Android platforms at the expense of their less popular rivals, a study released on Wednesday showed.
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Google's Android Still the Top Mobile OS, Apple iOS Trails

Google's popular operating system (OS) Android claimed the largest share with 39 percent of the U.S. consumer smartphone market in the month of June, while Apple's iOS trailed by 11 percent, accounting 28 percent of the entire market, said a new report released by Nielsen.
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TSX plunges to July low on U.S. debt deadlock

Toronto's main stock index plunged more than 2 percent on Wednesday to its lowest point this month as weak U.S. data and a looming deadline for raising the U.S. debt ceiling sent investors searching for safety.

RIM to Cut 2K Jobs, Will it Get Them Back on Track?

Research in Motion's announcement on Monday of intentions to lay off 2,000 employees, about 10 percent of its workforce, did nothing to inspire investors that the company can rebound from its current slump.
Mike Lazaridis, president and co-chief executive officer of Research in Motion, speaks at the RIM Blackberry developers conference in San Francisco

RIM Layoffs Not Long-Term Solution

Blackberry maker Research in Motion's plan to lay off 10 percent of the company's workforce shines fresh light on desperation within the company to keep up with fierce smartphone competition eroding market share.
Traders work on the floor of the New York Stock Exchange

Stocks Fall, from Debt Ceiling Stalemate

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.
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RIM to cut 11 percent of workforce

BlackBerry maker Research In Motion Ltd plans to cut about 11 percent of its workforce to slash costs as it struggles to compete against Apple Inc and Google Inc.
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TSX may open lower on U.S. debt concerns

Toronto's main stock index looked set to open lower on Monday, hurt by news of major job cuts at Research In Motion Ltd (RIM.TO: Quote) and an impasse in U.S. debt ceiling talks that fueled worries of a U.S. default.

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