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Yahoo And Nokia Tie A Desperate Knot

May 21 2010, 11:07am CDT | by

Yahoo And Nokia Tie A Desperate Knot
 
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Yahoo sent out a press release yesterday inviting press to watch CEO Carol Bartz announce something exciting. BoomTown did some digging and found out that Nokia and Yahoo have a deal in the offing. They are calling it “Project Nike” in the (most likely vain) hope that it will bring them victory.

Both Nokia and Yahoo have had trouble keeping with the latest twists and turns of the mobile industry. Nokia has been unable to establish their smartphone brand in the US, while Yahoo finds themselves slipping further and further from relevancy every day. Yahoo-driven (or at least amplified) phones may be the path out of darkness. That's what both companies are praying for, at least.

Updates

Spain's Bankia asks state for 19 billion euro bail out

Source: Hartford Courant

MADRID (Reuters) - Troubled Spanish lender Bankia asked the state for a bail out of 19 billion euros ($23.77 billion) on Friday, more than double what the government said earlier this week would be the minimum needed. The addit ...
Full article at: Hartford Courant  More like this  1 hour ago

Citi's ATD lost $20 million in Facebook IPO: source

Source: Hartford Courant

NEW YORK (Reuters) - Citigroup Inc's Automated Trading Desk (ATD) had trading losses of around $20 million stemming from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of ...
Full article at: Hartford Courant  More like this  1 hour ago

SXSW Social Winner Thirst Makes Twitter More Beautiful

Source: Tech Cocktail

Success seems to hinge on this question for Thirst, winner of the SXSW Accelerator in social media and social networking. Thirst uses natural language processing to group together tweets around specific topics – like the election or the Facebook IPO – a ...
Full article at: Tech Cocktail  More like this  2 hours ago

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.

 

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