Skype faces NSA-related privacy probe in Luxembourg — Updated — Tech News and Analysis
"Quite a few tech firms, Skype included, are headquartered in Luxembourg as part of their tax avoidance strategy. Sadly for them, it turns out that the tiny nation’s data protection authorities may have sharper teeth than those in Ireland, where many U.S. companies site their international operations for similar reasons."
Apple Cuts iPhone 5C Orders - WSJ.com
"A component supplier was notified that the order for iPhone 5C parts would be cut by 50%, a person familiar with the matter said.The reduced orders could indicate weak demand, or could signal that Apple wanted to ensure adequate supply of the 5C so that potential buyers, who were more likely to be switching from competing phones, didn't have to ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.