The chip maker plans to cut 15% of its workforce, reduce share-based compensation, and add new directors.
The company is boosting production of the S6 Galaxy Edge after reportedly misjudging demand.
But 'smart wearables,' like the Apple Watch, will take the market lead in 2016, says the research firm.
JPMorgan Chase is shutting off voicemail for some employees in its consumer and community banking unit.
With its new OS, Microsoft is aiming to fix some of the issues that discouraged businesses from using Windows 8.
The transaction creates a "diversified leader in wired and wireless communication semiconductors," says Avago's chief executive.
Letter to President Barack Obama rejects the notion that U.S. companies should weaken product security in the interest of law enforcement.
Finance chiefs' insufficient understanding of IT issues is still a major hurdle, though, says E&Y.
The combination will provide customers a "premium digital experience based on a global multiscreen network platform," says Verizon.
Gross margins for Microsoft's business cloud services will reach 44% in the year ending in June, up from 15% a year earlier.