National / International News

Microsoft: biggest job cuts ever

Marketplace - American Public Media - Thu, 2014-07-17 07:00

Microsoft announced it will be cutting up to 18,000 jobs over the next year; the biggest job cuts in the company’s history. The layoffs are part of a plan to re-align itself after its acquisition of Nokia in April. 

Microsoft CEO Satya Nadella broke the news in an all-staff email, saying the layoffs are necessary to streamline the company. 

"We plan to have fewer layers of management, both top down and sideways, to accelerate the flow of information and decision making. This includes flattening organizations and increasing the span of control of people managers," Nadella writes.

The move comes as Microsoft tries to shift more of its business toward cloud and mobile computing, as well as become more efficient.

“People view Microsoft as being sluggish," says Colin Gillis, a senior tech analyst at BGC Financial. "The new management want to change that and change the culture. We’ll see how this works."

Gillis says two thirds of the workers losing their jobs are former Nokia employees who became part of Microsoft after the companies merged. According to the announcement, the layoffs will mostly be complete by the end of this year.  


Injured Carrick faces 12 weeks out

BBC - Thu, 2014-07-17 06:59
Manchester United midfielder Michael Carrick is set to be sidelined for 10 weeks after suffering an ankle injury.

Airbnb logo faces Twitter backlash

BBC - Thu, 2014-07-17 06:47
Airbnb's new logo has been criticised and mocked by social media users, although others have praised the rebrand.

Which sport are you made for? Take our test

BBC - Thu, 2014-07-17 06:45
Take our test to see which Commonwealth Games events match your abilities

Study Reveals Worse Outcomes For Black And Latino Defendants

NPR News - Thu, 2014-07-17 06:44

Researchers who looked at two years of records from the Manhattan district attorney's office found that race was a significant factor in determining how prosecutors resolved cases.

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Leader 'regrets' abuser shortfalls

BBC - Thu, 2014-07-17 06:31
Pembrokeshire council leader Jamie Adams expresses his "deep regret" for shortfalls in the case of sacked child abuser Mik Smith.

Commission 'failed to probe donor'

BBC - Thu, 2014-07-17 06:31
The Electoral Commission is refusing to apologise after a watchdog ruled it had failed to properly investigate a Lib Dem donor later convicted of fraud.

Three charged over Abu Khdair murder

BBC - Thu, 2014-07-17 06:28
One Jewish man and two youths have been charged by Israeli prosecutors with the murder of Palestinian teenager Mohammed Abu Khdair, Israel's justice ministry says.

Recorded sexual offences 'up 20%'

BBC - Thu, 2014-07-17 06:24
Figures indicate 20% increase in sexual offences in England and Wales - a rise partly attributed to the Jimmy Savile scandal - while overall crime remains static.

Tunisian soldiers killed in attack

BBC - Thu, 2014-07-17 06:22
At least 14 Tunisian soldiers are killed in a militant attack, said to be the most deadly incident in the country's history.

California Bank Robbery Ends In Violent And Deadly Car Chase

NPR News - Thu, 2014-07-17 06:14

"The suspects had massive amounts of ammunition either taped to or strapped to their bodies," says the police chief of Stockton, Calif. Two suspects and one hostage died.

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Australia Repeals An Unpopular Tax On Carbon Emissions

NPR News - Thu, 2014-07-17 06:07

The tax was imposed on about 350 of the nation's top polluters under the country's previous center-left government.

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Russia 'shot down Ukraine jet'

BBC - Thu, 2014-07-17 06:06
A Ukrainian security spokesman accuses the Russian air force of shooting down one of its jets while it was on a mission over Ukrainian territory.

VIDEO: Officials warn of UK heat wave

BBC - Thu, 2014-07-17 06:04
Public health officials are warning people to be careful as a heatwave alert is issued for parts of the UK.

Bug cases rise at athletes' village

BBC - Thu, 2014-07-17 05:48
Twenty more people have been affected by a suspected norovirus outbreak at the Commonwealth Games athletes' village in Glasgow.

England pupils to top eight million

BBC - Thu, 2014-07-17 05:26
Official figures show the number of pupils in England's schools is expected to reach its highest level in almost half a century.

Governor rejects extremism claims

BBC - Thu, 2014-07-17 05:26
The chairman of governors at Carlton Bolling College in Bradford hits back after an Ofsted report said pupils were not being protected from the risks of extremism.

Washington DC eases cannabis penalty

BBC - Thu, 2014-07-17 05:22
Washington DC ends criminal penalties for cannabis possession, giving the US capital one of the most liberal marijuana laws in the country.

Microsoft set to axe 18,000 jobs

BBC - Thu, 2014-07-17 05:17
Microsoft will cut up to 18,000 jobs marking the deepest cuts in the technology firm's 39-year history.

The bad code that hacked its way into the Nasdaq

Marketplace - American Public Media - Thu, 2014-07-17 05:00

A new article in Bloomberg Businessweek explores what looked a few years ago to U.S. officials like a massive cyberattack directed against one of the big American stock exchanges, the Nasdaq market. 

Reporters have been piecing together the hunt -- not for Red October -- but for the origins of dangerous software that was somehow hacked into Nasdaq's computers. The bad code has long since been eradicated.

According to Bloomberg Businessweek reporter Michael Riley, the malware was discovered by the FBI in late 2010, tracked by the National Security Agency, and determined to likely be Russian in origin.  

Click the media player above to hear Bloomberg Businessweek reporter Michael Riley in conversation with Marketplace Morning Report host David Brancaccio.


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