Stories by Grant Gross and Stephen Lawson

FCC chairman announces his resignation

U.S. Federal Communications Commission Chairman Julius Genachowski announced Friday he will soon step down, following months of rumors that he would resign early this year.

HP announces 24,600 layoffs in wake of EDS acquisition

Hewlett-Packard will lay off about 24,600 employees over the next three years in an effort to streamline the company following its US$13.9 billion acquisition of Electronic Data Systems last month, the company announced Monday.

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