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Telecom equipment maker Nokia Siemens Networks is likely to lay off nearly 2,000 employees, or 20% of its direct workforce in India as part of a global restructuring exercise aimed at cutting losses.
f you are planning to buy a PC, this might just be the right time. In the coming few weeks, computers are likely to become costlier and in short supply in India.
Apple is well ahead of rivals in building brand loyalty among its users in a mobile market where the key brands are rushing to build as large a foothold as possible, a study by research firm GfK showed.

There's new phishing scam targeting Facebook users. According to security firm Sophos Nake Security blog, Facebook phishing emails are threatening to delete users Facebook accounts unless the victims pass along their account details within 24 hours.
Nokia Siemens Networks, the unprofitable telephone-equipment venture of Nokia Oyj and Siemens AG, will eliminate 17,000 jobs worldwide in its biggest cull to narrow the gap with market leader Ericsson AB.
Hewlett-Packard's TouchPad, which is being axed by the company, was the top-selling tablet computer in the United States after Apple's iPad in the first 10 months of the year, market research company NPD Group.

Steve Jobs's widow may never find a better moment to sell her late husband's $6.78 billion of Apple Inc and Walt Disney Co stock.Under US law, Jobs's heirs may sell Apple and Disney and avoid $867 million in capital gains taxes.
HTC Corp's loss in a patent infringement case against Apple Inc casts doubt on its decision to spend $300 million buying S3 Graphics Co. to boost the chances of a licensing deal to end the dispute.

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