Reuters to axe 1,100 jobs after profits dive 21%

Article Abstract:

Financial news and information provider Reuters suffered a 21% drop in pre-tax profits to 357 million pounds sterling in the six months to the end of Jun 2001. Sales were up 14% at 1.9 billion pounds sterling. The company is to cut 1,100 jobs, equivalent to around 7% of its workforce.

News syndicates, News Syndicates & Wire Svcs, Finance, Information services, Reuters Ltd., News agencies

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Giving Bluetooth a little extra bite

Article Abstract:

Cambridge Silicon Radio has ambitious plans for the Bluetooth chips, known as BlueCore, that it produces. It believes that its lead over its rivals is attributable to its use of Complementary Metal-Oxide-Silicon technology to produce a complete Bluetooth solution on a single chip.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Semiconductor industry, Product development, Cambridge Silicon Radio Ltd.

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Microsoft sets up $5bn gadget factory

Article Abstract:

Microsoft is investing heavily in research, with a budget of $5 billion for 2001 alone. Its areas of research include hi-tech electronic household equipment, a smart Pocket PC and microelectromechanical systems. Staff at the research unit show great enthusiasm for their work.

Electronic computers, Prepackaged software, Computer Software, Software Publishers, Research, Computer software industry, Software industry, Software, Microsoft Corp., MSFT

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