The axe is falling for former Nokia handset workers. In its largest round of layoffs to date, Microsoft said it will cut up to 18,000 jobs this year, or 14 percent of its workforce. It is expected that many of those cuts will be to employees the company acquired when it bought Nokia's devices and services business for around $7.4 billion.
Microsoft CEO Satya Nadella laid out a manifesto for the company to move beyond the "devices and services" mantra supported by his predecessor Steve Ballmer and into an era where the software giant focuses on "productivity and platforms."
MidoNet and ParStream, which created solutions for software-defined networking (SDN) and big data analytics, respectively, were named the winners of an innovation challenge held by Nokia's networks unit, which will continue working with both companies on future offerings.
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Microsoft's Nokia unit is going to release a smartphone in its flagship Lumia line that runs Google's Android software, according to a post from noted mobile leaker @evleaks.
Nokia Networks said it will buy SAC Wireless, a wireless network equipment installation specialist. The companies did not disclose the financial terms of the deal.
Ericsson and Huawei each hold around 30 percent of the $13 billion telecom network managed services market, according to a new report from ABI Research. However, Nokia's networks unit is not far behind with 25 percent of the market.
Zain Saudi Arabia said it has signed infrastructure supply contracts worth 4.5 billion riyals (€882 million/$1.2 billion) to develop and expand its network.
Microsoft's Nokia took the wraps off the new Nokia X2, a device that runs Android and will sell for around $135. The device appears to indicate Microsoft's intention, at least for the time being, to maintain Nokia's plans to sell Android phones as a low-cost alternative to Nokia's wider line of Lumia Windows Phone devices.
Finnish police confirmed they are investigating reports that Nokia was blackmailed by hackers who threatened to expose the encryption code used in the company's now defunct Symbian operating system.