Technology Report: Nokia cuts 10,000 more jobs as losses deepen

Click to View in Browser 06/14/2012 Nokia cuts 10,000 more jobs as losses deepen PARIS (Reuters) - Nokia plans to cut 10,000 more jobs, bringing the total to one in three staff, as it loses market share to cellphone rivals Apple and Samsung and burns through cash, raising new fears over its future. Your Money: Is LinkedIn Premium worth it? CHICAGO (Reuters) - For job seekers and employers alike, LinkedIn provides a valuable service. While many features are free, the professional social networking website dangles an array of additional tools - for a price. But for those on a budget, is a LinkedIn Premium account worth the money? Cognizant enters into $330 million deal with ING U.S (Reuters) - Information technology services provider Cognizant Technology Solutions Corp said it entered into a $330 million deal with the U.S. unit of Dutch insurer ING Groep NV to expand the business process management contract between the two companies. Exclusive: Dell is "strategic" bidder for Quest: sources SAN FRANCISCO/NEW YORK (Reuters) - Dell Inc is the "strategic bidder" that offered to buy Quest Software for about $2.15 billion in cash, sources familiar with the matter said, confirming the PC maker is the unidentified acquirer Quest said was topping a rival offer by Insight Venture Partners. Time Inc to sell magazine subscriptions on Apple Newsstand (Reuters) - Time Inc's stable of 20 magazines, including Sports Illustrated and People, are now available for subscription on Apple's Newsstand, the company said on Thursday. FT sees BlackBerry with smaller role in future NEW YORK (Reuters) - Financial Times, which gets nearly a third of its revenue from digital subscriptions, expects BlackBerry smartphones to become less important for corporate executives as BlackBerry loses market share to devices like Apple Inc's iPhone and Google Inc's Android-based system. RIM shares drop after minor board shuffle TORONTO (Reuters) - Shares of Research In Motion fell more than 4 percent on Thursday morning after the struggling BlackBerry maker named a financier to replace a telecom executive on its board, disappointing investors looking for more sweeping changes. Venture firm Kleiner moves to dismiss discrimination suit SAN FRANCISCO (Reuters) - Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao, saying it denied "each and every material allegation" made by her. Foxconn says plant worker jumps from apartment TAIPEI (Reuters) - Foxconn Technology Group, the main supplier of Apple Inc , said on Thursday a worker at a Chinese plant jumped from his apartment on Wednesday, the first suicide since the company agreed with its U.S. client to improve work conditions. Accused British hacker charged in U.S. over LulzSec attacks LOS ANGELES (Reuters) - A federal grand jury in Los Angeles has indicted a 20-year-old British citizen on charges related to attacks by the LulzSec hacking group on the Fox and PBS television networks and Sony's film and TV studio, authorities said on Wednesday. Related Video Layar brings digital interactivity to print HTC's newest phones impress - but can it remain a player? Mediafile Gerry Shih Kleiner Perkins and gender discrimination plaintiff wrangle over love poems episode John C Abell Apple, Google and the price of world domination A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend