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Struggling BlackBerry maker RIM begins job cuts
Fp Archives •BlackBerry maker Research In Motion says it has started laying off employees as part of a restructuring plan aimed at saving about $1 billion this year.
Vodafone follows peers, cuts 3G rates by up to 80%
Fp Archives •Last month, Bharti Airtel, Idea Cellular and Reliance Communications had reduced tariffs for its third generation (3G) high speed internet services.
How a global ad agency thrives by outsourcing work to India
Choudhury •With ad agencies more and more under the microscope from client companies, seeking to cut costs, the Group FMG model with its India-centric production tilt is tipped to grow in appeal.
Multi-level TDS on software to be removed from July
Fp Archives •The provisions will come into force from 1 July, 2012.
Fashion e-commerce sees some Facebook innovation
Srividya •Fashionara launched by former Reliance Trends CEO forays into the crowded online fashion retail space. With paucity of funds forcing businesses to wind up, investors are still hanging on to the hope that it is a cash cow.
Damp squib: Facebook shares close with near-zero gains
Fp Editors •The listing of the social networking site on the Nasdaq is the largest tech IPO in history and is is the third largest ever in the US.
FB-Instagram deal under scanner: FTC questions Google, Twitter
Fp Archives •It was not immediately clear what specific information the FTC was looking for, the source said. The Commission automatically initiates a review of any acquisition of significant size.
Nokia files patent suit against RIM, HTC and Viewsonic
Fp Archives •Nokia has filed a suit against Blackberry-maker RIM, HTC Corp, and Viewsonic Corp in the US and Germany alleging infringement of its patents by these companies.
Want to cut your tax legally? Learn it from Apple
Fp Archives •A published report says Apple Inc uses subsidiaries in Ireland, the Netherlands and other low-tax nations as part of a strategy that enables the technology giant to cut its global tax bill by billions of dollars every year.
Nokia in talks to sell luxury brand Vertu to PE firm Permira
Fp Archives •Cellphone maker Nokia is in advanced talks to sell its UK subsidiary Vertu to private equity group Permira, the Financial Times reported.