That is 14% of its workforce as it trims its newly acquired Nokia phone business.
Move could give CEO Marissa Mayer more time to achieve a turnaround.
Europe's second highest court said regulators did not act too harshly against U.S. chipmaker.
European Commission will launch a formal investigation into Apple's tax arrangements in Ireland.
Bracing to slash an additional 11,000 to 16,000 jobs after it announced a dip in 2Q revenue.
The tech giant is eyeing an expensive foray into music streaming and headphone gear.
Investors got a closer look at scale and growth of the Chinese e-commerce giant in an IPO prospectus.
Samsung Electronics has reported a 4% fall in sales at its mobile phone unit.
He has now exhausted his supply of stock options as a result of Facebook's public offering.
Nokia said sale of its phone business likely will be pushed to April as talks with Asian regulators continue.
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