AOL looking for 2,500 workers to resign voluntarily
AOL is in the process of separating itself from the parent company Time Warner.
As part of this program, they are aiming to cut around 2500 jobs.
The company has announced a voluntary layoff program that would run for a week next month.
AOL said in [...]

Costco Wholesale no longer carrying Coca-Cola products
Costco Wholesale has announced that they have now stopped carrying Coca-Cola branded products in their stores.
The company has decided to take this step because of a pricing dispute with the beverage industry giant.
Costco has declined to provide more information.
Coca Cola has also not revealed [...]

Hewlett-Packard acquiring 3Com
US based personal computer maker Hewlett-Packard has announced that they are acquiring 3Com.
This acquisition deal is worth around USD 2.7 Billion.
Market analysts believe that this deal would help HP expand their business operations in China where 3Com has extensive presence.
The company directors have approved this deal. HP said: “Based on [...]

Clearwire claims to have 173,000 Wimax subscribers
Clearwire has claimed that they had around 173,000 Wimax subscribers at the end of September this year.
The company is now aiming to cover areas having 120 million potential customers by the end of next year.
Clearwire said that this figure include customers of their Clear branded services in [...]

Microsoft cuts more jobs 800 this time around
US based software giant Microsoft has cut another 800 jobs in their operations.
This is in addition to around 5000 jobs that were cut previously.
The company said: “Earlier this year, we announced that in order to reduce costs, increase efficiency and prioritize our focus areas, we [...]

AT&T sues Verizon over their 3G map commercial
Verizon Wireless has more ads mocking AT&T 3G Coverage on Apple iPhone
US based telecom giant AT&T has filed a lawsuit against rival company Verizon.
This lawsuit is related to a television commercial named ‘There’s a map for that’ which made fun of the bad 3G coverage provided [...]

T-Mobile USA suffers technical problems
T-Mobile USA has confirmed that their customers suffered due to technical problems in their network.
The problems affected more than 1.5 million T-Mobile USA customers and lasted for around eight hours.
The company said: “T-Mobile confirms it has fully restored voice and text/picture messaging services for customers affected by intermittent service [...]

GameStop to hire 15000 temporary workers during this holiday season
Holiday season is coming up in the US market and retail stores have begun their preparations.
GameStop has announced that they would hire around 15,000 seasonal, part-time workers to help at their retail stores.
The company is hoping that more people would apply for these [...]

Andreas Ehn leaving Spotify
Andreas Ehn has revealed that he is stepping down from his position as the CTO of Spotify.
He is leaving the company for new ventures.
Spotify has confirmed the same and they are going to announce his replacement in the coming days.
Spotify is one of the hottest music services on [...]

Reva might assemble cars in USA
Reva Electric Car Company could soon become the first automaker from India to make its cars in the USA.
Reva is considering setting up an assembly unit in New York for their new model NXR.
They are going to work on this project in collaboration with Bannon Automotive.
A company insider was quoted [...]