Tag: rumors

Rumors Suggest Apple May Compete with PayPal

Reports have "Wall Street Gossips" talking about Apple working on a "PayPal killer". This would be in the form of the iTunes store turning into a payment system.

There’s no telling how much truth there is to these rumors, but the world is going to need some more options when PayPal goes down, as it did last night, causing quite a stir across the web. PayPal apologized for this by way of the PayPal blog. SVP, Technology Scott Guilfoyle wrote:

Rumors Surface About Apple Buying Twitter

Here we go again. More rumors of Twitter being acquired by some company. This time it’s not Google, Microsoft, or Facebook. It’s Apple. I’m taking this (as should everyone else) with a baseball-sized chunk of salt at this point, but when these rumors start to swirl, we can’t just ignore them entirely.

So here’s what the rumors are based on. Owen Thomas of Valleywag writes:

Rumors Of Microsoft’s 15,000 Person Staff Cuts

Are the rumors true? Reports have emerged that Redmond based tech giant Microsoft is set to slash its global workforce, as the pressure of the current financial crisis takes hold.Last month, speculation started that Microsoft was looking to cut its staff early in the New Year, with unconfirmed reports suggesting several thousands of employees would start 2009 looking for new jobs.

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