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Rumor Claims Nokia is Looking to Sell Vertu

Vertu is one of the few Nokia successes

May 1 2012, 12:58pm CDT | by

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Rumor Claims Nokia is Looking to Sell Vertu
 
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Rumor Claims Nokia is Looking to Sell Vertu

Rumors are flying the Nokia is looking to sell its luxury handset subsidiary called Vertu. The tip comes from a source that claims to be close to the negotiations. It would be no surprise to see Nokia sell Vertu since the luxury handset maker has been surprisingly popular as Nokia has seen its stock plummet.

According to the source, the deal is stacking up to be worth about $265 million and the company named as the potential buyer is a private equity group called Permira. Vertu makes phones encrusted with jewels and precious metal that cost is much is $320,000 or more apiece.

 

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Did Instagram's rumored Snapchat rival pop up in Android banner ad?

Source: Tech Radar

Facebook-owned Instagram has been rumored to be working on a new photo messaging app to go head-to-head with popular rivals like Snapchat, and evidence supporting such hearsay may have just turned up in the most unlikely of places.The Verge today reported that Instagram appears to have mistakenly leaked the existence of a new Snapchat competitor called Bolt, which turned up as a new banner ad inside the current Instagram for Android app. ...
Source: Tech Radar  Full article at: Tech Radar 18 hours ago, 2:29pm CDT
 


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Update: 10

The New Body of Microsoft: Nadella is Lean; Ballmer Not Lean

Source: The Stranger

It's worth reflecting on this passage in Deepa Bhandaru's post about Seattle's leading socialist Kshama Sawant and the current CEO of Microsoft Satya Nadella:Nadella strikes the corporate world as a kind of Gandhi figure. Tall and trim with buzzed hair and dark-rimmed glasses, he exudes a corporate brand of asceticism. His lean runner’s body harbors no extra fat. His speech is measured and Spartan. His disciplined form matches his di ...
Source: The Stranger   Full article at: The Stranger 22 hours ago, 10:35am CDT
 

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Update: 9

Move over Hudl: Meet the £60 KingSing Windows tablet!

Source: Fifth Gear

We’re used to seeing bargain-basement Android tablets like the Tesco Hudl, but there’s nowhere near as much choice when it comes to Windows tablets. That’s where the KingSing tablet comes in, offering Windows for just £60. Yep, you read that right. The chances are you’ve never heard of KingSing, with the company selling its wares over in China. As with lots of Chinese manufacturers though, there’s a lot to like about its latest gadget, not least the pricing. ...
Source: Fifth Gear   Full article at: Fifth Gear 1 day ago, 5:37am CDT
 

Update: 7

Pretty in pink: HTC One (M8) gets two new shades!

Source: Fifth Gear

The HTC One (M8) is already one of the most eye-catching smartphones out there, but from tomorrow you’ll be able to buy HTC’s high-end handset in a couple of bright new colours! We’ve got used to seeing colourful smartphones from the likes of Nokia, but it looks like HTC wants to get in on the action too! The latest HTC One (M8) will be available in both red and pink, helping it to stand out f ...
Source: Fifth Gear   Full article at: Fifth Gear 1 day ago, 3:49am CDT
 

Update: 6

Brokedown premise: Drone caught smuggling cell phones into Thai prison

Source: Ars Technica

The captured DJI Phantom drone and its cargo, held by Thai prison authorities. Saichon Srinuanchan , Bangkok Post The Bangkok Post reports that guards at the Khao Bin Prison in Thailand took possession of what appears to be a DJI Phantom drone laden with cell phones and accessories. The drone was snagged on a tree limb inside the prison compound. Taped to the drone were ...
Source: Ars Technica   Full article at: Ars Technica 1 day ago, 12:14pm CDT
 

Update: 5

Microsoft announces new Lumia 530, a cheap Windows Phone for the masses

Source: Ars Technica

The Lumia 530. Nokia If analytics companies are to be believed, the lowly Lumia 520 and its variants have been the most popular Windows Phone handsets ever. Today, Microsoft officially announced that phone's successor, the Lumia 530. It will come in both single- and dual-SIM variants, though it's safe to say that only the single-SIM version will end up making it to the US, and Nokia expects both to be priced at around "€85 (a ...
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Update: 4

Microsoft's Q4 FY2014 earnings by the numbers

Source: BetaNews

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Source: BetaNews   Full article at: BetaNews 2 days ago, 6:26am CDT
 

Update: 3

Commercial revenue climbs as Microsoft sees lower fourth quarter earnings

Source: MSDynamicsWorld.com

  Microsoft reported its fiscal fourth quarter earnings this afternoon, missing analyst estimates. Revenue of $23.38 billion was an increase of 18 percent from the same quarter in 2013. The analyst consensus of earnings sat at $0.60 per share. The newly completed acquisition of Nokia accounted for a $.08 per share earnings decrease. Gross margin, operating income, and diluted earnings per share ("EPS") for the quarter were $15.79 billion, ...
Source: MSDynamicsWorld.com   Full article at: MSDynamicsWorld.com 2 days ago, 3:47pm CDT
 

Update: 2

Are we witnessing Windows Phone’s last stand?

Source: BGR

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Source: BGR   Full article at: BGR 2 days ago, 2:15pm CDT
 

Update: 1

Microsoft 4QFY14 Earnings Preview

Source: bidness etc

Microsoft Corporation (MSFT) is taking a two-pronged approach this quarter to boost to its bottom-line for its fourth quarter of fiscal 2014 (4QFY14). On one hand, it is laying off 18,000 employees over the next year. The downsizing will have the greatest impact on Nokia’s (NOK) wireless division, since Nokia’s acquisition had added 30,000 employees to Microsoft’s employee base. Moreover, improvement in the decline of PC shipments, coupled with CEO Satya Nadella’s mantra of “mobile first, c ...
Source: bidness etc   Full article at: bidness etc 3 days ago, 5:56am CDT
 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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