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Microsoft to cut 18,000 jobs this year as it chops Nokia

SEATTLE: Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history on Thursday, hoping to reshape the aging PC industry titan into a nimbler rival to Apple and Google, and jolt a culture at the company that is used to protecting its existing Windows and Office franchises.

Intel loses court challenge against $1.4 billion EU fine

LUXEMBOURG: U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06 billion euro ($1.44 billion) European Union fine handed down five years...
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