Tag - Nokia
Following the recent sale of the Nokia name and feature phone business to manufacturing partner Foxconn, Microsoft CEO Satya Nadella has announced the layoffs of 1,850 employees -- mostly former Nokia workers in Finland -- and the "streamlining" of the company's smartphone business, which will involve "focusing our efforts where we have differentiation -- with enterprises that value security, manageability, and our Continuum capability," according to a release.
Nokia is attempting to get back into producing consumer-grade devices and jumpstarting its wearables product catalog, by acquiring health company Withings. The French wearable device and fitness tracker producer is being bought by the former smartphone producer for €170 million ($191 million), subject to regulatory approval, with the cash deal expected to close early in the third quarter of this year.
Nokia is selling its mapping business to a collection of German car manufacturers. The Here mapping arm is being picked up by Audi, BMW, and Daimler for €2.8 billion ($3.1 billion,) with the technology likely to be used in in-car navigation systems and to help self-driving research being performed by each of the manufacturers. Despite the sale, the Here team advises that the mobile app version will still be available, as it is likely to help car-based mapping systems and other markets.
Nokia has unveiled its first camera aimed at professional creators of 360-degree video content, for the production of footage viewable using virtual reality headsets and other imaging systems. The Ozo virtual reality camera is a spherical device that has a collection of eight imaging sensors and an equal number of microphones capable of recording stereoscopic video and audio that can be seen and heard at all angles.
Microsoft endured an operating loss of $2.1 billion for the most recent quarter, the software giant has revealed in its last financial results before the launch of Windows 10. The heavy loss, which works out to be a loss per share of $0.40, is largely accounted for by the $7.5 billion impairment charge relating to its acquisition of Nokia, and a restructuring charges of $780 million and $160 million, though the rest of the financials appears to be more positive for the company.
Uber has apparently placed a bid to acquire the Here mapping arm of Nokia, according to a report. The New York Times claims the company has placed a bid in the region of $3 billion for the mapping technology, though it still has competition from other sources, including a collection of German car manufacturers working with Baidu, as well as another offer from an unnamed private equity firm.
Tesla's Powerwall home battery has received an "overwhelming" response from consumers, the car company has revealed. Tthe company has received over 38,000 reservations for the home version, exhausting Tesla's production of the battery until mid-2016. The enterprise-focused PowerPack has gained 2,500 reservations, with the average order requesting ten of the high-capacity power storage systems, The Verge reports.
Nokia has refuted suggestions it will be returning to the smartphone market. A brief statement on the company's website denies that it has plans to "manufacture or sell consumer handsets," something that recent reports claim the telecommunications company will be doing in the future, after a two-year period away from the industry as part of the terms of its Devices and Services arm sale to Microsoft last year.
Apple and a number of other companies -- including Facebook, Amazon, Sirius XM, and China-based services Alibaba and Baidu are among many other firms being targeted by Nokia as it prepares to sell off its Here mapping service and technology. While Apple has periodically purchased map technology that can be integrated with its Apple Maps service in the hopes of eventual public transit data, Nokia may be overvaluing the deal.
Nokia may re-enter the mobile phone industry next year by creating new smartphones, a report claims. While the company has previously put its name to an Android tablet called the Nokia N1 allowing it to remain visible in the mobile device industry, the manufacturer is said to be bringing in staff to work on new phones, which could head to market as early as next year.
Now AAPL Stock: 100.41 ( + 0.79 )
Markzware updates Q2ID for QuarkXPress 12 files
Graphic design file conversion tool maker Markzware has launched a new version of its Q2ID tool. The InDesign plugin enables users to open QuarkXPress files within a new InDesign (INDD) document, without rebuilding the QXP document from scratch -- the new version includes support for QuarkXPress 12 files. Q2ID Subscription members can download the new version as part of their annual plan. A single-user can purchase the plugin for $200, with other licensing options available. http://bit.ly/1Z4dS9t
PopChar X 7.5 arrives
Ergonis Software has released PopChar X 7.5, an improved version of the company's tool for finding and inserting special characters and exploring fonts. PopChar X 7.5 adds support for combined emojis in the Apple Color Emoji font, enhances the "Font Info" view, and adds many further enhancements that improve overall speed and stability. PopChar X 7.5 retails for €30 ($34), and is free for anyone who owns a license for PopChar X 7 or purchased a license for PopChar X 6 on or after March 1, 2014 [4.5MB]
Safari Technology Preview release 5 arrives
Parallels Access 3.1 updated for iPad Pro
Virtualization software Parallels Access 3.1 has been updated with support for the 12.9-inch iPad Pro, including Apple Pencil support. The software allows remote access to your PC or Mac from anywhere to control desktop applications from iOS or Android tablets and phones, with native touch gestures, as well as from any computer with an HTML5 web browser. Featuring three resolution choices for your mobile device ("Best for your Device," "More Space," and "Same as Computer") and 3D Touch support for the iPhone 6s and 6s Plus, the update also adds a new Tablet Mode in Windows 10, which makes it easier to interact without a mouse or keyboard. http://bit.ly/1OWZqjg
Hyundai brings CarPlay to more 2016 models
Along with its previously-announced support for adding CarPlay technology to the 2016 Sonata, 2017 Elantra, and 2017 Ioniq, a leaked memo to dealers has revealed that CarPlay-supporting software updates will be available today that bring the infortainment tech to the 2015 and 2016 non-hybrid Sonata models, the 2016 hybrid Sonata, the 2015 and 2016 Genesis Sedan, the 2016 Tucson, the 2017 Santa Fe, and the 2017 Ioniq. Owners can upgrade the system themselves by visiting the Hyundai website, and will need a Mac or PC with either an SD card slot or SD card reader to transfer the update to the vehicle. http://bit.ly/1YZqkqS
Google Paris HQ raided by investigators
Google's Paris headquarters has been raided by dozens of French police. The Tuesday raid was part of an ongoing investigation into possible tax-avoidance practices, stoked by widespread dissatisfaction with the way multinationals like Google are structuring their business operations. Although trading in many countries around the globe, Google reports its international sales only in tax-friendly Ireland, similar to a practice adopted by Apple. According to French law, if it completes any of its sales contracts in France and not Ireland alone, it could be in breach of its laws. Google, for its part, denies any wrongdoing, and said that it is fully compliant with French law. http://reut.rs/1Udk2T9
Apple TV extends universal search to NBC
Apple has extended its universal search function on the Apple TV to now include NBC shows in its results, provided the user has installed the NBC tvOS app. The search results can be generated either through Siri, or through the Search app, and includes support for searches by title, genre, and actor, among other queries. NBC joins CBS, more recently, among other channels including: Disney Channel; Disney Jr; Disney XD; FOXNOW; FXNOW; HBO GO; HBO NOW; Hulu; Nat Geo TV; Netflix; PBS; PBS Kids; SHOWTIME; SHOWTIME Anytime; Starz, and Watch ABC, all of which are supported by universal search. http://apple.co/25lGi5R