02 July, 2009: After freezing salaries, bonuses and various compensation plans, Adobe, the world's biggest maker of graphic-design software has finally shut down its operations in North America this week, to cut down operating costs. In December, the company had fired eight percent of the workforce to help rein in costs during the economic slump, but could not overcome the losses...
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03 July, 2009: Swedish mobile phone network supplier Ericsson won contracts to supply broadband Internet to millions of users in China by a deal with three operators there, it said Friday...
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