• News tagged "nokia"

Tuesday, 4 Aug 2015

Nokia sells HERE mapping business to Audi, BMW and Mercedes-Benz for US$3.07 billion

Nokia sells HERE mapping business to Audi, BMW and Mercedes-Benz for US$3.07 billion

Nokia has just announced that it has agreed to sell its HERE mapping business to a consortium of German automakers made up of Audi, BMW and Mercedes-Benz for US$3.07 billion.

Thursday, 30 Jul 2015

Virtual Reality camera for filmmakers is Nokia’s next big thing

Virtual Reality camera for filmmakers is Nokia’s next big thing

Nokia announces the OZO virtual reality camera, hoping that it will set the new standard for professional cinematic content creation.

Wednesday, 22 Jul 2015

Microsoft suffers a net loss of US$3.2 billion, after posting US$8.4 billion of write-downs

Microsoft suffers a net loss of US$3.2 billion, after posting US$8.4 billion of write-downs

Microsoft has posted a fourth quarter loss for its current fiscal year; however, it isn’t all doom and gloom for the Redmond company. Read on to find out.

Thursday, 9 Jul 2015

Microsoft cuts 7,800 jobs and writes US$7.6 billion off from Nokia deal

Microsoft cuts 7,800 jobs and writes US$7.6 billion off from Nokia deal

Microsoft has announced that it will be laying off up to 7,800 workers and that it will also be taking a US$7.6 billion write-down on Nokia.

Friday, 19 Jun 2015

Nokia CEO says the company will design and license phones again

Nokia CEO says the company will design and license phones again

Nokia CEO, Rajeev Suri, has confirmed that Nokia plans to design and license phones again as soon as its deal with Microsoft allows it to. If you recall, back in 2013, Microsoft bought Nokia, and part of that deal stipulated that it wouldn't make or sell any phones until 2016.

Wednesday, 17 Jun 2015

Nokia ex-CEO Stephen Elop is leaving Microsoft

Nokia ex-CEO Stephen Elop is leaving Microsoft

Microsoft CEO Satya Nadella sent out an internal memo announcing the stepping down of Stephen Elop.

LG to license and pay royalties for 2G, 3G and 4G patents from Nokia Technologies

LG to license and pay royalties for 2G, 3G and 4G patents from Nokia Technologies

LG Electronics has agreed on a royalty-bearing smartphone patent licensing with Nokia Technologies where the Korean company will license 2G, 3G and 4G patents.

Monday, 27 Apr 2015

Nokia: No plans to manufacture or sell consumer handsets

Nokia: No plans to manufacture or sell consumer handsets

Nokia just issued a statement on its website denying reports that it will be manufacturing consumer handsets out of a R&D facility in China.

Monday, 20 Apr 2015

Re/code: Nokia plans return to phone market in 2016

Re/code: Nokia plans return to phone market in 2016

Re/code reports that Nokia is planning to make a return to the phone market next year. It also has several ambitious tech projects, some of which are in the realm of virtual reality. Read on to find out more.

Thursday, 16 Apr 2015

Nokia will purchase Alcatel-Lucent for 15.6 billion Euros

Nokia will purchase Alcatel-Lucent for 15.6 billion Euros

Nokia will purchase Alcatel-Lucent for 15.6 billion Euros. Find out why Nokia has set its sight on the French telecommunications equipment company.

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