Senior executives of Skype Technologies SA, the Internet-calling service being acquired by Microsoft Corp. (NASDAQ: MSFT), has departed following its $8.5 billion buyout.
Mobile giant Nokia said it has signed a patent license deal with Apple that would end all the pending patent litigations between the two companies over iPhone, iPod and iPad.
The company says it can no longer give full-year estimates based on lowered net sales from its devices and services.
Jefferies & Co. reiterated its hold rating on shares of Motorola Mobility Holdings Inc. (NYSE: MMI) ahead of first quarter earnings results, with a price target of $28.
Jefferies & Co. said Nokia Corp.'s (NYSE: NOK) results threw out no worse news than it had expected but it maintained underperform thesis nonetheless.
Blackberry maker Research in Motion Ltd. (RIM) said its chief marketing officer Keith Pardy will be leaving in six months, just weeks ahead of its PlayBook tablet launch.
Shares of Qualcomm Inc. (NASDAQ: QCOM) touched a new 52-week high of $59.80 on Monday, compared to its previous high of $59.43 on Feb. 18.
Apple Inc. is expected to release a new cheaper version of the iPhone during 2011 to deal with growing smartphone competition.
Brokerage Jefferies & Co. said losers at the Mobile World Congress (MWC) are HTC, Motorola Mobility Holdings, Nokia, Sierra Wireless, Novatel Wireless, PC original equipment manufacturers (OEM), and Sony Ericsson.
Barclays Capital said it continues to believe the new tablet category (led by Apple Inc.'s iPad) is poised for rapid growth over the coming years.
According to a report from CNET Verizon doesn't see Nokia handsets sporting the Windows Phone OS as necessary -- which could put a dent in Nokia's plans for expansion in the U.S.
The deal with Nokia is significant for Microsoft, which is trying hard to capture smartphone market share from the likes of iOS and Android.
Following is the full text of an open letter published by Nokia Chief Executive Stephen Elop, and Microsoft CEO Steve Ballmer.
Worldwide smartphone sales rose 72.1 percent last year, accounting for 19 percent of total mobiles sales, according to a Gartner report.
Nokia CEO Stephen Elop wasn't wrong in his memo to employees; the Fin-based cell phone manufacturer is moving in the wrong direction.
Nokia CEO Stephen Elop trashes Symbian and says company is far behind Apple and Android.
Qualcomm could be the major beneficiary if Nokia shifts its smartphone operating system strategy.
Shares of Nokia (NYSE: NOK) are moving higher Monday on speculation that the mobile phone maker will soon engineer a major reshuffling of its management and board as the company tries to wrestle back domination of the premium handset market.
Jefferies & Co. said investors are uncertain about Microsoft Corp.'s (MSFT) future in consumer technology and that they have chosen to discount all parts of the business until it becomes clearer what Microsoft’s competitive position in the key areas of tablets, smartphones and online search will be.
A massive R&D budget and the addition of Windows phones may not help Nokia's standing in the smartphone market.
Market analysts speculate that Nokia would eventually join the Google's Android or Microsoft's Windows Phone 7 ecosystem.
U.K. start up Ubiquisys has rolled out a portable cell phone signal - dubbed the attocell - that allows people travelling abroad to make and receive calls as if in their home country.
