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Microsoft Writes Down $7.6B Of Its Nokia Acquisition, Proclaims 7,800 Layoffs

Microsoft’s signaled and anticipated goodwill impairment, referring to its earlier buy of nearly all of Nokia’s hardware belongings, passed off this morning — with the software program firm erasing $7.6 billion from its books. The agency’s efforts to elbow into first-celebration hardware have subsequently acquired an enormous setback, writing down