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  • IRS says hard drive that lost emails destroyed Friday, 18 Jul 2014 | 4:44 PM ET

    WASHINGTON— The IRS said Friday that Lois Lerner's computer hard drive was destroyed three years ago, ending any chance of retrieving her lost emails. In court papers, the IRS said the hard drive was destroyed after two sets of trained technicians tried to retrieve the data. The IRS says Lerner's computer crashed in 2011, destroying an untold number of emails.

  • July 18- NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor. NQ Mobile shares fell as much as 21 percent in early trading before reversing course to trade up almost 15 percent by midday.

  • July 18- The Vatican has become enmeshed in a struggle between Hewlett-Packard Co and Michael Lynch, the former CEO of the UK software company Autonomy Corp bought by HP in 2011 in a deal that led to a big loss for the U.S. technology giant.

  • NQ Mobile shares fall after auditor dismissed Friday, 18 Jul 2014 | 10:33 AM ET
    NYSE EuroNext flag hangs outside the NYSE.

    NQ Mobile, a Chinese mobile software maker facing allegations of fraud, saw its shares fall after it dismissed its independent auditor.

  • July 18- NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor.

  • NQ Mobile dismisses PwC as independent auditor Friday, 18 Jul 2014 | 7:48 AM ET

    July 18- NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor. NQ shares fell 11 percent before the bell.

  • BANGKOK, July 18- Thailand's military government has postponed for one year an auction for fourth-generation mobile phone bandwidth, potentially causing billions of dollars of lost investment and sales in a sector that accounts for a tenth of the economy.

  • Axed Nokia X phones suffered from lack of identity Friday, 18 Jul 2014 | 12:02 AM ET

    NEW YORK— The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each. The operating system that runs the phones was to blend the core technology found in Google's Android system with services and designs found in Microsoft's own Windows Phone system.

  • WASHINGTON, July 17- International Business Machines Corp's software business grew less than expected in the second quarter, sparking a selloff in the company's stock on Thursday, even as its revenue beat forecasts.

  • UPDATE 2-IBM software sales weaker than expected Thursday, 17 Jul 2014 | 6:39 PM ET

    WASHINGTON, July 17- International Business Machines Corp's software business grew less than expected in the second quarter, sparking a sell-off in the company's stock, even as its revenue beat forecasts.

  • UPDATE 1-IBM beats revenue estimates, EPS Thursday, 17 Jul 2014 | 4:36 PM ET

    WASHINGTON, July 17- International Business Machines Corp reported higher than expected quarterly revenue and earnings per share, as it continued its shift to higher-end businesses such as big data, cloud computing, and security and mobile services. IBM shares fell 0.62 percent to $191.30 in after-hours trade.

  • WASHINGTON, July 17- International Business Machines Corp reported higher than expected quarterly revenue, as it continued to divest low performing sectors and shift to higher-end businesses such as big data, cloud computing, and security and mobile services.

  • LOS ANGELES, July 17- Microsoft Corp intends to wind down Xbox Entertainment Studios, a source familiar with its plans said, becoming the first major tech company to give up on making original shows in a battle for the living room couch.

  • Can a 'Sex Tape' really get stuck in the cloud? Thursday, 17 Jul 2014 | 11:36 AM ET
    Cameron Diaz, left, and Jason Segel in a scene from the film "Sex Tape."

    In "Sex Tape," Cameron Diaz and Jason Segel accidentally blast their sex tape out via the cloud. Is that even possible?

  • SEATTLE, July 17- Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company.

  • SEATTLE, July 17- Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it trims its newly acquired Nokia phone business and reshapes itself into a cloud-computing and mobile-friendly software company.

  • Microsoft CEO pivots sharply with 18,000 job cut Thursday, 17 Jul 2014 | 8:30 AM ET

    LOS ANGELES— Microsoft announced the biggest layoffs in its 39- year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.

  • *Qualcomm has already placed orders with Samsung- newspapers. TAIPEI, July 17- Shares of Taiwan Semiconductor Manufacturing Co Ltd fell as much as 6 percent on Thursday after an analyst and Taiwanese media reported the likely loss of orders for next-generation chips from Apple Inc and Qualcomm Inc..

  • SEATTLE, July 17- Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly software company.

  • TAIPEI, July 17- Taiwan Semiconductor Manufacturing Co Ltd is likely to lose orders for its next-generation chips from Apple Inc and Qualcomm Inc to rival Samsung Electronics Co Ltd, according to an analyst and Taiwanese media.