Microsoft said it will cut around 7,800 jobs, mostly from its phone business, and record an impairment charge of around $7.6 billion related to its purchase of Nokia's devices and services business. The layoffs and restructuring charges are the latest indication that Microsoft has not been able to gain traction in the smartphone market following its $7.2 billion deal for Nokia's handset business, which closed in April 2014.
Every year, FierceWireless ranks the top 10 highest-paid executives in the wireless industry, and every year executives from the nation's largest wireless carriers top the list. But not this time.
CTIA said that a group of wireless carriers and smartphone makers had implemented a set of voluntary principles aimed at stopping smartphone theft. The announcement came just as a California law requiring smartphones sold in the state to have a "kill switch" went into effect.
Making good on its promise to investors to turn its 2011 purchase of NBCUniversal into a cross-platform-advertising powerhouse, Comcast has pulled back the veil to its broad, multi-media advertising product, which it calls "Symphony."
Nokia CEO Rajeev Suri confirmed the rumors that have been swirling around the company for a few months, and said that next year the company will re-enter the mobile phone market by licensing its brands and designs.
Some big names came together at a Washington, D.C., event this week to voice their concerns about Globalstar's proposed terrestrial lower power service (TLPS). Among them: Google, Microsoft, the Wi-Fi Alliance, the Wireless Internet Service Providers Association (WISPA) and the National Cable & Telecommunications Association (NCTA).
Microsoft is reshuffling its leadership team, and devices chief Stephen Elop is leaving the company as part of the shakeup. Elop, a Microsoft executive who had been CEO of Nokia, returned to Microsoft when the software giant completed its acquisition of Nokia's handset business in April 2014.
Apple reportedly has become the latest content provider to decide that building its own network to provide a speedier lane for its content is better than using traditional pipes from incumbent providers.
After bumping product-team leader Charlie Herrin to the vitally needed customer service czar position in September, Comcast announced Wednesday that it has finally found a replacement for him to lead its product teams.
Microsoft is bringing its Cortana digital assistant to Google's Android and Apple's iOS platforms. The company's decision to do so is part of a broader effort by Microsoft to bring features and services from Windows 10 to non-Windows smartphones.