Nokia reiterated that it will look for the right hardware partner before jumping back into the smartphone business via licensing its brand and technology, which won't happen until the fourth quarter of 2016 at the earliest.
They say a picture is worth a thousand words. If that's the case, then the Twitter header image for Microsoft CEO Satya Nadella demonstrates that perfectly. Just look at Nadella's tortured smile then try to make sense of the picture in the header. It resembles some kind of hellish, hopelessly complex landscape that maybe someone at Microsoft understands and loves. But, for a company that wants to solve problems, it's the wrong way to start. Nonetheless, it does provide the perfect illustration of what is and isn't happening at Microsoft.
Everyone has a role to play in the 5G standards process, and for Ericsson, that means spearheading 5G system development as coordinator of the new METIS-II EU project as it sets out to develop the overall 5G radio system design and roadmap recommendations.
A Microsoft decision to lay off close to 8,000 staff and take a $7.6 billion (€6.8 billion) hit on its mobile phone business is regarded as tantamout to an admission that the company has failed in the broader wireless hardware market as well as in its bid to keep the Windows operating system (OS) relevant.
The battle to acquire Nokia's HERE mapping and location technology unit appears to have settled into a waiting game between the company and a consortium of German automakers as other bidders have faded away, according to a Reuters report.
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.
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.
Ericsson said its second-quarter results will be hit by restructuring costs of around SEK2.5 billion (€271 million/$304 million) as the company continues to implement measures first announced in November 2014 to reduce costs and improve efficiency.
Nokia's HERE division published a specification designed to integrate information from a diverse range of automotive sensors via the cloud, in a move the unit said could improve road safety and ease congestion.
Nokia is still searching for a potential buyer for its HERE mapping and location business, as German car companies, Uber, Chinese search engine Baidu and perhaps even Apple and Facebook jockey with each other to get access to HERE's assets and technology.