CNET News Daily Podcast: Nokia's layoffs and Skype's eBay adieu
Nokia is cutting its R&D workforce, while eBay says goodbye to Skype. Hear more about these stories and others in today's episode.
It's been a bad week for Nokia's research and development division, which had more than 300 of its staff laid off this week. The news was a little better for Skype, which detached from its eBay owners and netted a $2.75 billion valuation. Also, Facebook's video hosting is now the third most popular video hosting site on the Web, though it still lags far behind leader YouTube. Hear more about these stories and others in today's episode.
Podcast
Today's stories:
Nokia to lay off up to 330 R&D staffers
eBay sets Skype loose at $2.75 billion valuation
Facebook becomes third most popular video site
Twitter's geotagging API goes live
Cisco launches iPhone security app
Town to photograph every car that enters and leaves