Tag Archives: bad-request

Apple Stock Hits 3-Month Low, Undercuts Low Of Base

Apple (AAPL) sank to a three-month low Wednesday as the overall market slid on fears about China, a huge market for the consumer tech giant. The drop comes despite reports that Apple is prepping to ramp up production of its next iPhones. A Wall Street Journal report says that Apple is asking its suppliers to make between 85 million and 90 million units of its two new iPhone models by the end of the year. Last year, Apple ordered 70 million to 80

Should Google Offer ‘Right To Be Forgotten’ In U.S.?

Search leader Google (GOOGL) should offer a “right to be forgotten” policy in the U.S., just as it does in the European Union, says consumer group Consumer Watchdog in a letter filed with the Federal Trade Commission. The nonprofit consumer organization, a longtime Google critic, cited the “right of relevancy” provision of the Fair Credit Reporting Act, which the Federal Trade Commission enforces in the U.S. The act “requires that after a certain

Microsoft writes off entire value of Nokia deal

Microsoft (MSFT) on Wednesday effectively admitted that its acquisition of Nokia ‘s (NOK) mobile phone business was a huge mistake. The Redmond, Wash.-based software giant announced that it will record an impairment charge of $7.6 billion related to the Nokia assets it acquired last year. Microsoft purchased Nokia’s mobile device business for $7.5 billion in April 2014. Microsoft also announced plans to cut up to 7,800 positions, mostly in the phone business, and incur a restructuring charge of $750 million to $850 million.