Microsoft set to axe nearly 2,000 jobs in bid to 'streamline' smartphone biz

Microsoft on Wednesday announced a restructuring of its mobile hardware group that will see as many as 1,850 employees — most of them former Nokia staffers — lose their jobs as the company looks to right the listing smartphone ship.

AppleInsider Staff 10 years ago 37

Microsoft sells Nokia feature phone division to Foxconn for $350M

Microsoft's steady decline in the mobile phone business continues, as the Redmond, Wash., company announced on Wednesday that it will sell the feature phone division it acquired from Nokia to a subsidiary of manufacturer Foxconn for $350 million.

Katie Marsal 10 years ago 29

Nokia buys health & fitness gear maker Withings in deal worth $192 million

Nokia Technologies on Tuesday announced a planned takeover of health and fitness accessory maker Withings, in a deal valued at €170 million, or about $192 million.

Roger Fingas 10 years ago 8

Audi, BMW, Daimler officially buy Nokia Here maps in deal valued at $3.07B

Nokia has confirmed it will sell its Here maps division to German carmakers Audi, BMW, and Daimler, in a deal valued at 2.8 billion euros, or $3.07 billion.

Roger Fingas 10 years ago 45

Audi, BMW, Daimler on verge of buying Nokia Here mapping service for $2.71B

Three German carmakers — Audi, BMW, and Daimler — have together agreed in principle to buy Nokia's Here mapping service, in a deal estimated to be worth just over €2.5 billion ($2.71 billion), a report said on Tuesday.

Roger Fingas 10 years ago 14

Microsoft to axe 7,800 jobs from struggling mobile phone unit in new restructuring plan

A strategic shift at Microsoft could see as many as 7,800 former Nokia employees lose their jobs this year while the software behemoth absorbs a $7.6 billion write-down on its troubled handset business, the company announced on Wednesday.

AppleInsider Staff 10 years ago 50

Microsoft ousts ex-Nokia CEO Stephen Elop, combines OS and devices teams

Microsoft on Wednesday announced the departure of former Nokia CEO Stephen Elop as part of a broad restructuring at the company, one that will see its Operating Systems Group and Microsoft Devices Group merge into one unit.

Neil Hughes 10 years ago 28

Bidding intensifies for Nokia's Here maps as Uber offers $3B

Whether or not Apple is still in the running to buy Nokia's Here, the digital mapping service will likely sell for more than $3 billion thanks to a bid made by transportation service Uber.

Neil Hughes 11 years ago 37

Amid rumors of an Apple buyout, Nokia's maps business shines in otherwise disappointing quarter

Shares of Nokia fell more than 12 percent on Thursday after the company's networking division reported disappointing results. But a bright spot was its "Here" mapping division, which is rumored to be a potential acquisition target for Apple.

Neil Hughes 11 years ago 28

Apple being wooed by Nokia for $3.2B HERE mapping acquisition, report says

A report on Wednesday claims Apple is among a number of high-profile tech companies being courted by Nokia in the Finnish firm's attempt to sell off its HERE mapping service and related assets.

AppleInsider Staff 11 years ago 66

Independent Nokia Technologies aiming to return to phone market - report

Although Nokia's original mobile phone division was sold to Microsoft in 2013, one of the company's three remaining divisions — Nokia Technologies — is planning to re-enter the phone world, a report revealed on Monday.

Roger Fingas 11 years ago 53

Nokia confirms Here maps will return to iOS next year

Finnish telecommunications company Nokia on Wednesday announced that it would bring its Here mapping service — which has not appeared in native form on Apple devices in nearly a year — back to iOS with a new standalone app in early 2015.

Sam Oliver 11 years ago 16

Nokia channels Apple's iPad mini with new N1 Android tablet for China

In one of its first major product releases as a Microsoft subsidiary, former handset heavyweight Nokia on Tuesday unveiled a new 7.9-inch Android tablet that appears to take a number of cues from Apple's rival iPad mini.

AppleInsider Staff 11 years ago 61

Finland prime minister again blames Apple for destroying national economy

In an interview discussing Finland's recent sovereign debt downgrade, Prime Minister Alexander Stubb said Apple's iPhone and iPad helped kill Nokia and the paper industry, both vital cogs in the country's economy.

Mikey Campbell 11 years ago 182

Nokia to take on Apple, Google maps with new cross-platform navigation app

Following the sale of its handset division to Microsoft, Finnish telecommunications company Nokia on Wednesday announced that it would expand its consumer offerings with the release of a free navigation app — based on its Here mapping service — for Apple's iOS and Google's Android platforms.

Sam Oliver 11 years ago 15

Load More