Nokia will use its Oct. 22 Nokia World event in Abu Dhabi to announce at least six new devices, including at least two new Lumia smartphones running Microsoft's Windows Phone software, according to a The Verge report.
The plan to pay former Nokia CEO Stephen Elop a termination fee of €18.8 million ($25.4 million) has caused outrage in Finland, but the situation has taken a new turn of late, with Nokia confessing it gave misleading information about Elop's payout and reports emerging that Elop pushed back against attempts to reduce the award because he is getting divorced.
Smartphone shipments in China are expected to grow by more than a quarter in 2014 compared to the expected shipments in 2013, according to research firm IDC. The research house thinks that growth will be driven by the launch of TD-LTE networks and Apple's expected deal with China Mobile.
Chinese media company BesTV, which has 18 million IPTV subscribers across China, Southeast Asia and Eastern Europe, is going into business with Microsoft to develop games and related services in China, according to multiple reports.
Microsoft, in the middle of swallowing partner Nokia's handset business and transforming itself into a devices and services company, faces challenges but has a clear path ahead of it, according to outgoing CEO Steve Ballmer and other executives.
AT&T is helping business customers ease their transition to the cloud by enabling them to extend their private networks to Microsoft's cloud platform.
Apple CEO Tim Cook dismissed pundits and analysts who have questioned the price of the company's lower-cost iPhone 5c as too high, arguing that Apple has never been in the business of making low-cost phones.
Microsoft's decision to pay around $7.2 billion for Nokia's handset business was partly sparked by a desire to keep Nokia from switching to Google's Android platform after late 2014.
A Huawei executive said the Chinese vendor remains committed to supporting Microsoft's Windows Phone platform in the wake of Microsoft's decision to pay around $7.2 billion for Nokia's handset business.
Nokia Solutions and Networks (NSN) will be the biggest and most well-known unit inside Nokia following Microsoft's $7.2 billion deal to buy Nokia's handset business. The billions in net cash Nokia is expected to gain from the deal will go a long way toward positioning NSN as a strong network infrastructure company