San Francisco - Apple has fired some 1,600 employees from its chain of retail stores due to slackening consumer demand, the Wall Street Journal reported Friday.
The job cuts were referenced in a securities filing by Apple Thursday in which the company said it had 14,000 full-time equivalent employees in its retail division as of March 28, down from the 15,600 as of the end of December.
The move came as Apple's recent earnings report showed a drop in sales for its Mac computer line, which is the biggest earner at the stores.
The directive by the Department of Telecom (DoT) - whereby Internet Service Providers in India have been compelled to surrender spectrum falling in the Broadband Wireless Access (BWA) space - has become a contentious issue. Taking a hard line stance against the edict, the Internet Service Providers Association of India (ISPAI) has filed a petition with the Telecom Dispute Settlement and Appellate Tribunal.
Audi will literally on a roll over the next few years - what with more than 40 of its models to be in the markets by 2015; and the new models to be lined up for their respective launches, one following the other! By this year-end, 32 Audi models will be available, inclusive of the lately-launched A4 Allroad, A5 and S5 Cabriolet, TTRS and the R8 V10. 
Washington - As early as Friday, the US government is expected to announce the results of its "stress tests" for 19 major banks - a report that could force some banks to sell ownership stakes to the US government.
New York - Every 30 seconds, somewhere in the world, a child dies of malaria, and ending the scourge of the preventable disease is a major development priority, the United Nations Childrens Fund said Friday.
Madrid - The disciplinary committee of the Spanish football federation announced on Friday evening a suspension of 10 matches for Real Madrid defender Pepe, for his part in the incidents at the end of Tuesday's stormy Real-Getafe clash.
