Microsoft on Wednesday announced plans to streamline its smartphone business by cutting 1,850 jobs. It will record an impairment charge of $950 million, with severance payments accounting for $200 million of the charge. The restructuring will entail up to 1,350 job losses at Microsoft Mobile Oy in F...
Nokia on Wednesday announced its return to the mobile phone and tablet business in connection with a larger agreement by Microsoft to sell its entry-level phone business to HMD Global and FIH Mobile for $350 million. Under the deal, Microsoft will sell its Hanoi, Vietnam, manufacturing facility to F...
Nokia on Tuesday announced plans to purchase Withings for $192 million in cash as part of its move into the healthcare devices arena. The deal is expected to close in early Q3, and Withings will become part of the Nokia Technologies business. "We have said consistently that digital health was an are...
Yahoo is in the midst of a financial freefall, based on a report that claims the company's deal book shows a muddled and confusing financial picture that has made potential investors nervous about any effort to salvage the business. Yahoo's internal presentation for investors paints a picture of a c...
Your world is about to change. 5G is coming. Whether you are a wireless carrier, a handset maker, an app developer, a mobile TV provider, a worker, investor or consumer, your world is about to undergo a major transformation. AT&T recently announced plans to start testing 5G technology this year...
Alternative energy has become a real growth engine during the last several years. It seems to bounce up and down, depending on the leadership in the White House. President Obama is a supporter, so growth has been relatively strong in recent years. The big question is, what will happen under a new pr...
Wireless is one of the strongest industries today. However, it continues to change. Every few years, the focus changes and the industry goes in new directions. It happened a few years ago with the iPhone and Android. Now change is happening once again. The wireless industry growth wave is changing.
Cisco and Ericsson on Monday announced a partnership to build out a next-generation network for smart things and the carriers and enterprises that want to support such devices. The deal plays to the companies' strengths in cloud, data center, mobility, management and control, networking, routing and...
Nokia will test Artemis Networks' pCell technology, which promises speed boosts in bounds for wireless broadband without requiring new handsets, the companies announced Monday. Nokia plans to work with wireless carriers to test the technology in the U.S. and other countries starting in 2016. It has ...
Facebook on Monday announced it was scaling up Internet.org, creating a partner portal that makes it easier for mobile operators to offer its free basic services in new countries. Those basic services -- which CEO Mark Zuckerberg envisions as a "911" for the Internet -- are bringing new users onto m...
Ninety-two percent of worldwide profits from smartphones go to Apple, according to Cannacord Genuity. Samsung is a distant second with 15 percent of the profits. The numbers add up to more than 100 percent, due to companies in the mix that break even or lose money on their smartphone business. Apple...
CEO Satya Nadella on Wednesday announced that Microsoft will reduce its workforce by 7,800 as it refines its mobile message and strategy. The company will write down roughly $7.6 billion associated with assets tied to the acquisition of Nokia's devices and services business, Nadella revealed. The re...
Some aspects of CEO Satya Nadella's vision for Microsoft are becoming more clear. For one thing, the company's interest in advertising is seriously on the wane. Microsoft reportedly has handed off most of its digital advertising sales business to AOL. Microsoft will retain control of its search adve...
Recently I had a problem with a purchase, which led me to ask an important question: Will PayPal become the next BlackBerry or Nokia? PayPal must update, or it will lose to new competitors like Apple Pay, Google Wallet, CurrentC and Square, whose intention is to reinvent the e-commerce and mobile pa...
BlackBerry could be considering equipping an upcoming smartphone with Google's Android operating system, Reuters reported last week. The move would be consistent with BlackBerry's strategy to focus on software and device management instead of handsets. Such a pivot would take the company away from i...
Good - It's entertaining and makes sporting events more interesting.
Bad - It increases the risk of gambling addiction and financial loss.
Neutral - The benefits and drawbacks are equally significant.
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