Microsoft has announced it will cut a staggering 18,000 jobs from its workforce over the next year, and reports indicate its Nokia unit will shoulder two-thirds of these layoffs. Apparently new Microsoft CEO Satya Nadella was “not a fan” of the recent Nokia acquisition, and is hoping to move Microsoft away from its foray into… Continue reading In the Massive Microsoft Layoff, Which Devices and Services Will Bear the Brunt?
If you were looking forward to more Nokia Android devices, you seem to be out of luck. Microsoft announced today that its acquisition of Nokia’s Devices and Services business has been finalized. The transaction will be completed this Friday, when Microsoft will welcome the Nokia division into its family. Microsoft has partnered with Nokia since… Continue reading Nokia’s Devices and Services Business Is Now Officially Part of Microsoft
After Microsoft acquired Nokia a few months ago, tech enthusiasts have been expecting Nokia to release a new wave of smartphones. What no one expected, though, is that Nokia’s new line of phones wouldn’t be built on Windows Mobile, but on Google’s Android instead. At the Mobile World Congress, Nokia CEO Stephen Elop unveiled three… Continue reading Nokia Unveils Low-Cost Android Phones for Emerging Markets
In a transaction estimated to be worth EUR 5.44 billion, Microsoft announced today that it will purchase all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s proprietary mapping services. The arrangement also includes Nokia’s design team and manufacturing and assembly facilities. The deal is expected to close in the first quarter of 2014,… Continue reading Microsoft Makes Mobile Push by Acquiring Nokia’s Devices and Services Business