The boom has been lowered in Redmond. Following persistent rumors that Microsoft could lay off more people than the previous record of 5,800, the company said it would eliminate some 18,000 jobs.
How bad is it getting for Samsung? The company's flagship smartphone, the Galaxy S5, is reported lagging in sales behind Apple's iPhone 5s -- and the next-generation iPhone 6 is looming.
AdColony, which uses computer code and infrastructure to broadcast high-definition, interactive ads, is being acquired by Opera Software of Norway for as much as $350 million.
Google's thin-client Chromebooks have caused Microsoft to reshuffle its product lineup. Redmond now plans to release a new line of $199 laptops for this year's holiday season.
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