The Department of Justice has granted its blessing to Microsoft’s acquisition of Nokia. A Federal Trade Commission filing released today confirmed the DOJ’s approval of Microsoft’s proposed $7.2 billion bid to buy Nokia’s devices and services division as well license Nokia’s patents.
Apple has acquired 3D sensor company PrimeSense. An Apple representative confirmed the deal to AllThingsD. The report values the deal at around $360 million. Apple stayed mum on its plans for PrimeSense, a company it had reportedly been in talks to buy since July.
Nokia says its headquarters near the Finnish capital will be taken over by Microsoft on completion of the sale of its cellphone and services division to the U.S. software company, expected in early 2014. The majority of the 1,900 workers, in the devices and services, unit will remain in the building in Espoo as employees of Microsoft Corp.
Nokia shareholders have given the OK to sell the company’s mobile phone business and license its patents to Microsoft. The Financial Times said an overwhelming 99.7 percent of Nokia investors were in favor of the $7.2 billion deal. In September, Nokia shares soared on news of Microsoft’s proposed deal.
Reuters reports that Rockstar, the group that in 2011 successfully bid $4.5 billion in a bankruptcy auction for Nortel’s patents, has filed suit for patent infringement against Samsung, Google, HTC, Huawei and four other companies. Rockstar is co-owned by Apple, Microsoft, BlackBerry, Sony and Ericsson.
Nokia sold 8.8 million Lumia devices during its fiscal third quarter, breaking by 19 percent the record of 7.4 million set in the previous quarter. The Finnish phone gave a lot of the credit for the boost in sales to the low-cost Lumia 520.
Whether or not you like Microsoft's updated Surface tablets will depend on your needs. On one hand, the tablets can be great for working on the go, especially if you spring for a $130 keyboard cover. On the flip side, the new versions still lack the elegance...
Microsoft is updating its Windows software for cellphones to accommodate larger devices and make it easier for motorists to reduce distractions while driving. It's the third update to Windows Phone 8 software since the system's release a year ago.
Back when Microsoft was the biggest name in technology, CEO Bill Gates leveled an attack on the auto industry: If carmakers were as innovative as computer companies, he said, a car would cost just $27. That was 16 years ago. Today, PC sales are falling as consumers show a preference for mobile devices...
New numbers from Kantar found Microsoft’s mobile operating system gaining a lot of traction in Great Britain, Germany and France. As of August, Windows Phone controlled 12 percent of the UK market, nearly three times the 4.5 percent it held a year ago. Similarly big annual gains for Windows Phone came in France, up to 10.8 percent from 5.6, and Germany, up to 8.8 percent from 3.8.
Delta Air Lines plans to buy 11,000 Microsoft Surface 2 tablets for its pilots to replace the heavy bundles of books and maps they haul around now. Other airlines, including American and United, have been buying Apple's iPad for that purpose.
Is Microsoft's Surface a tablet or a laptop? I'm not quite sure, but it is a lot easier to type on than an iPad. The software company unveiled updates to its Surface tablet computers Monday at an event in New York, where I had a short amount of time to try them out.
NEW YORK (AP) — Microsoft Corp. is expected to announce new Surface tablet computers, including a version with a smaller screen to compete with Google's Nexus 7 and Apple's iPad Mini. The company has an announcement event scheduled in New York on Monday.
HELSINKI (AP) — Nokia Corp. says it will pay outgoing CEO Stephen Elop a compensation package of some $25 million (19 million euros) when he leaves the company to move over to Microsoft. In proxy statements to shareholders published Thursday, the Finnish company says the amount includes Elop's base salary and equity awards of about 14.6 million euros.
Microsoft may be in enough of fix that it needs a so-called "turnaround expert" to succeed outgoing CEO Steve Ballmer. According to a Reuters report, at least three of Microsoft's top 20 investors are pushing to hire a CEO that can help the company move forward as a devices and services company.
Microsoft has officially agreed to acquire Nokia Corporation's devices and services business today, sending shares of Nokia up nearly 37 percent in early trading. The deal comes with Nokia's license and patents, as well as the company's significant mapping business in tow...
Microsoft CEO Steve Ballmer announced on Friday that he plans to retire from the world's biggest software company after more than 13 years at its helm. Here's a look at the ups and downs of his tenure: 1980: Ballmer joins the company co-founded by Bill Gates and Paul Allen in 1975...
Microsoft Corp. CEO Steve Ballmer today announced his plans to retire within the next 12 months once his successor has been chosen. Microsoft issued a press release confirming Ballmer would remain on as CEO while the company continues its transition into a “devices and services company.” “We need a CEO who will be here longer term for this new direction,” Ballmer said in the press release.
Microsoft booked a $900 million write-down for slashing the price of its Surface RT tablet and its revenue and earnings came up short of Wall Street forecasts in the fourth quarter. The company blamed the disappointing results Thursday on a decline in the PC market...
Sliding device sales resulted in a fairly flat second quarter for Nokia. The Finnish phone maker reported sales of $7.4 billion, down three percent quarterly and 24 percent annually. Contributing to the lackluster revenue was a reported $3.5 billion in device sales, down six percent quarterly and a whopping 32 percent annually.
The race to put out a smartwatch consumers may or may not want has a new contender in Microsoft. The Verge, citing sources familiar with the Microsoft’s plans, said the company’s Surface team is now prototyping devices. The report also cites details from AmongTech that claim the wearable device could feature 6 GB of storage and LTE support.
SAN FRANCISCO (AP) — Microsoft Corp. has decided its entire business needs a new operating system. CEO Steve Ballmer is restructuring the company to cope with a quickening pace of technological change that has left the world's largest software maker a step behind its two biggest rivals, Apple and Google.
NEW YORK (AP) — Microsoft is reshuffling its business in a move that it says will allow it to innovate faster and focus on devices and services. The move by the world's largest software maker comes amid a steady decline in PC demand as people turn to tablets and other mobile devices.
NEW YORK (AP) — Zynga says its CEO, Mark Pincus, is stepping down to be replaced by Don Mattrick, the head of Microsoft's Xbox business. The maker of "FarmVille" and other games said Monday that Pincus, who founded Zynga in 2007, will stay on as chairman and chief product officer.
Microsoft has released the next iteration of Windows 8. The company's new touch-based operating system seeks to merge dekstop and mobile, but some customers miss the familiarty of longstanding feature like Windows' classic Start button...