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Posted at 08:48 AM ET, 04/27/2011

The Circuit: Nokia layoffs, government trimming data centers, Amazon reports earnings

LEADING THE DAY: Nokia announced that it is cutting 4,000 jobs and shifting development of its Symbian platform to Accenture. According to the Associated Press, most of the job cuts will be in Denmark, Finland and Britain.

The Finnish phonemaker recently finalized a deal with Microsoft to make Windows Phone the default operating system for Nokia phones.

Government closing data centers: The Wall Street Journal reported that the U.S. government will announce plans today to close 137 data centers across the country. The centers process data for 16 agencies including NASA, the Defense Department and the Interior Department.

The government plans to close 800 data centers by 2015, which is estimated to save $3 billion per year, the report said.

Amazon earnings: Amazon profits fell 33 percent in the most recent quarter as the company invested in expansion. Revenue and sales were up, and the Associated Press reported that second-quarter revenue guidance topped analysts’ projections. Amazon stock fell about 6 percent following the call but has largely leveled out in pre-market trading.

The online retailer also announced it has started shipping its cheaper, ad-supported version of the Kindle e-reader. The gadget is $114.

Some Amazon data cannot be recovered: After a server outage last week that took down several Web sites such as Reddit, HootSuite and Quora, Amazon Web Services revealed in a post that it will not be able to recover about 0.07 percent of the volumes in its U.S.-East Region that were affected by the blackout. It is contacting those clients.

Amazon has said it is looking into what caused the outage, but has not yet made its findings public.

Sony network hacked: Sony confirmed Tuesday that an attack on its PlayStation Network and Qriocity service compromised some personal and payment information. The network, which has been down for about a week, has approximately 77 million user accounts worldwide.

By  |  08:48 AM ET, 04/27/2011

Tags:  Nokia, Microsoft, Amazon, Security

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