Adobe, the owners of Flash, Dreamweaver, Fireworks and almost every single web development tool out there, will shut down its North American operations this week to cut its operating costs as the recession affects its sales, according to Bloomberg.
Topic: Economic Slowdown
Nokia net profit plunges down 90 percent
Nokia, the number one maker of mobile phones in terms of market share, has reported in its first quarter of 2009 earnings today, and has said that it had a worse-than expected 90 percent drop in its net profit, as the phone maker faces a difficult year as the economic slowdown continues to hit hard.
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