News Headlines - 21 July 2015

▽Apple IPhone Shipments, Revenue Forecast Miss Estimates - Bloomberg Business

Any indication of slowing demand for iPhones could spark concern that Apple is going to have a hard time selling more smartphones in the final months of the year, after the September debut of the latest version fueled record profits. A new model is expected to be released later this year.

▽Microsoft Posts Largest-Ever Net Loss After Nokia Writedown - Bloomberg Business

Microsoft Corp. reported its largest-ever quarterly net loss, hurt by a $7.5 billion writedown after the purchase of Nokia’s handset unit failed to rescue the company’s mobile business.
Excluding the Nokia charge and costs related to job cuts, Microsoft said profit in the fourth quarter, which ended June 30, was 62 cents a share. Sales were $22.2 billion.

▽Spy's suicide adds to Hacking Team scandal in South Korea | Network World

A South Korean intelligence officer who used a controversial surveillance system from Italy’s Hacking Team was found dead over the weekend in an apparent suicide as controversy swirls in the country over use of the software.

▽Spanish journalists 'kidnapped' in Syria - BBC News

They have not been heard from since shortly after entering Syria via Turkey on 10 July, according to the Spanish press association FAPE.

▽John Kasich Says He Is Running for President - Bloomberg Politics

Kasich, 63, joins 15 other prominent Republicans who have declared their candidacies for the nomination. He launched his bid in Columbus at the student union at Ohio State University, his alma mater.