Nokia shareholders were expected to approve the sale of its beleaguered handset business to Microsoft Corp. for EUR5.44 billion. The takeover would boost Nokia's cash position to EUR8 billion.
Tags: Nokia
Nokia to launch first Android phone without Google services -report
Soon-to-be Microsoft-owned mobile phone maker Nokia will reportedly launch its first Android phone code named Normandy, which could be powered by Microsoft and Nokia, on February 24 in Barcelona, Spain.
Samsung inks 10-year patent deal with Google
Samsung, the world's biggest cellphone maker, inked a 10-year patent agreement covering all present and future technology patents with Google, the maker of Android operating system.
US startup BEZALEL raising funds through crowdfunding for ARK portable wireless charger
Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
Chinese mobile makers asks regulators to ensure Nokia takeover will retain patent fees - sources
Huawei Technologies Co and ZTE Corp have asked regulators to make sure that Microsoft's takeover of Nokia's handset business will not result to increased patent fees in wireless technology, according to sources who talked to Bloomberg.
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Finland-based tech startup Jolla Ltd announced that it will launch of its first pricey smartphone called Jolla on Nov 27, which is powered by Nokia's obscure MeeGo software.
A new issue had arisen between the epic patent infringement battle between Samsung and Apple. A judge has found that Samsung violated a court ordered agreement as to the secrecy of Apple documentation filed on the case.
Telecom equipment maker Alcatel-Lucent launched EUR955 million in capital increase and USD750 million in high-yield bonds.
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
A Bloomberg report revealed that Microsoft's acquisition of Nokia Oyj's handset business allowed the latter to purchase the wireless network equipment business of Alcatel-Lucent.
After Microsoft announce the purchase of its handset business, the unveiling of the newest smartphone from Nokia is a watershed event for the future of the company.
Microsoft Corp had been acquiring and investing in companies in the last two decades as the software maker planned to accelerate its presence in a market that it does not own.
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
Nokia had its focus redirected on network equipment manufacturing after it sold its handset units to Microsoft Corp.
