Post Tagged with: "nokia"

Apple has a Happy Holiday with New Device Activations

It’s the season for giving and consumers certainly gave a lot of Apple mobile devices this holiday. Mobile analytics firm Flurry reported that Apple products accounted for 51.3 percent of device activations in the week leading up to December 25, with the majority of those devices being iPhones. Samsung took second place with 17.7 percent [...]

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Microsoft Drops Nokia Name from Lumia Smartphones

The time has finally come to say goodbye to Nokia smartphones. Microsoft announced today that it is dropping the Nokia brand from Lumia devices, which will now be known as Microsoft Lumia. The technology giant acquired Nokia’s phone business back in April for $7.2 billion. That deal allowed Microsoft to continue using the Nokia name [...]

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Microsoft Layoffs Continue with another 2,100 Employees Cut

Microsoft is laying off another 2,100 people as part of its previously announced plan to reduce its workforce by 18,000 employees. The company said that, of the 2,100 positions cut, 747 are in Microsoft’s home state of Washington, while the remainder will be spread across other locations worldwide. It’s not clear which areas of the [...]

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Microsoft Confirms Largest Ever Job Cuts

Microsoft has confirmed the rumors of jobs cuts following its acquisition of Nokia’s handset business. CEO Satya Nadella said in an email to all employees that the software giant plans to cut its workforce by 18,000 jobs over the next year, with former Nokia employees accounting for around 12,500 of the jobs lost. Microsoft had [...]

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Microsoft Prepares for Job Cuts Following Nokia Acquisition

Microsoft is prepping what could be its biggest round of layoffs in five years. The software giant recently completed the acquisition of Nokia’s handset unit in April and Bloomberg reports that the company is looking to make cuts at Nokia and in areas of Microsoft that overlap with its newly acquired business. The layoffs are [...]

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Microsoft CEO Redefines the Company Core Focus

Microsoft CEO Satya Nadella has sent a letter to all employees outlining where he sees Microsoft’s core going forward. The letter, which was also posted publically on the company’s website, makes it clear that Microsoft is leaving behind the “devices and services” label which former CEO Steve Ballmer used to brand the company. “While the [...]

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CEO Satya Nadella Talks About the Future of Microsoft

Microsoft’s Satya Nadella gave his first public interview since taking over as CEO this week at the Code Conference in Rancho Palos Verdes, California. Among the topics covered were his plans for Microsoft’s future and the role of founder Bill Gates, who has been on hand to offer advice. “I run the place,” Nadella said. [...]

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Nokia Confirms Rajeev Suri as New CEO

Nokia has confirmed Rajeev Suri as its new CEO following the sale of its devices business to Microsoft. Suri previously served as the chief executive of the Nokia Solutions and Networks (NSN) unit, which originated as a joint venture with Siemens before Nokia bought out its partner. The previous CEO, Stephen Elop, stepped down in [...]

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Microsoft Wraps Up Nokia Purchase

Microsoft has finally completed the purchase of Nokia’s devices business. Nokia said that the final price of the sale is slightly higher than the €5.44 billion, or $7.2 billion, announced when the deal was first revealed back in September. The exact amount is expected to be released with Nokia’s first quarter results next week. As [...]

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Microsoft-Nokia Deal to Close April 25

Microsoft’s acquisition of Nokia’s devices and services business will finally close this week. The $7.2 billion deal, which was first announced in September of last year, is scheduled to close on April 25. Originally, the deal was set to close in March, but was delayed due to outstanding approvals from regulatory agencies in Asia. The [...]

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