Sharp might be busy prepping up its display panels for the next generation iPhone and the purported iPad mini this month, but it looks like the Japanese electronics manufacturer is also planning to ax a huge chunk of its workforce following a disappointing quarter for the period that ended last June 30. Sharp is saying today that it is planning to cut approximately 5,000 jobs by the end of March next year, reducing its global workforce by roughly 9 percent. The company said that the cuts will be made either through mandatory retirement and voluntary retirement.
The times have been tough for the Osaka-based corporation that was first established in 1912. Sharp previously announced that its revenue has plunged 28 percent to 458.6 billion yen ($5.9 billion) in Q1 of its fiscal year, and total losses increased from 49.2 billion yen in 2011 to 138.4 billion yen in the first quarter of its fiscal year. The company also expects its losses to widen until March next year, from 30 billion yen ($385 million) to 250 billion yen ($3.2 billion).
By Ubergizmo. Related articles: Sharp to begin shipping display panels for the next iPhone in August, Apple To Shift Half of iPad Display Sourcing to Sharp. Samsung May Be Hit [Rumor],
Reading tech news, some of you guys probably have come across lawsuits between companies and while some are legit, some of these companies are what many consider to be patent trolls and are simply suing because they can over some vague patent that they have bought. However it seems that the House of Representatives is now considering a bill that could help reduce the amount of patent troll-like cases making their way into the courts and into the headlines. According to the folks at 
Are you up for more cashless transactions? Well, here we are with Google Wallet – having rolled out a spanking new cloud-based version of the Google Wallet app which is capable of supporting credit and debit cards from Visa, MasterCard, American Express, and Discover. Apart from that, you too, are able to use just about any card of your choice whenever you opt to shop in-store or online using Google Wallet. This new version will also allow you to remotely disable your mobile wallet app from your Google Wallet account which is located on the web.
There was some sort of hoo-haa earlier this morning concerning Samsung releasing a bunch of excluded evidence that were related to the lawsuit in the US, and this rather naughty move has apparently attracted the ire of the judge who in the end, requested Samsung’s lawyer, John Quinn, to come up with an explanation as to who was the one behind the press release, after receiving authorization from the legal team. Quinn duly complied, filing an explanation to the court by claiming that the evidence’s release “did not violate any Court Order or any legal or ethical standards.” Quinn also did mention that Samsung hasn’t issued any press release, while sending out “public materials in response to press inquiries.”
There seems to be this popularity contest going on among celebrities in the world of social networks, and you might just be surprised to hear who the “winner” is when it comes to an artist who has the most Facebook “likes”. I would suppose if you mentioned Lady Gaga, Justin Bieber and perhaps even Michael Jackson, those perennial favorites would come close, but none of them are able to overhaul Eminem who recently managed to set the pace for the most Likes by a living person with a cool 60.1 million figure. This would place him heads above shoulders from the rest, and it clearly places him at number 5 on the list of the top 10 Facebook pages.
Japan is a place where pretty much everything goes, especially when it comes to “art” and this 3D fetus replica is no different. Brought to you be 
Ross Levinsohn, the interim CEO of Yahoo, has reportedly left the Internet giant after losing to former Google executive and now newly appointed CEO Marissa Mayer. Levinsohn, who joined Yahoo in 2010 serving as Executive Vice President of Americas, was named interim CEO this year after Scott Thompson was fired for allegedly forging his resume. According to AllThingsD, Levinsohn and Mayer may have been negotiating his departure for several days now. Marissa Mayer reportedly sent an email statement confirming Levinsohn’s departure. Mayer said that Levinsohn has been an important and powerful contributor at Yahoo since he joined in 2010.