#Nokia will unveil its first Windows-based smartphones this quarter, says CEO Stephen Elop
Nokia to cut 3,500 jobs: 2,200 in closing Romania plant and 1,300 in location, commerce business unit
I was just told that the Hugo Chavez report is apparently false. Sorry for the alarm, folks.
AFP, Sydney Morning Herald quoting El Nuevo Herald that Hugo Chavez rushed to military hospital for emergency care following kidney failure
Research In Motion quarterly adjusted net profit fell 47 percent to $419 million, on revenue of $4.2 billion, hurt by an aging lineup of BlackBerry smartphones that was only refreshed very late in the quarter and tepid sales of its PlayBook tablet. RIM shipped 10.6 million smartphones and 200,000 PlayBook tablet computers in the three months to August 27, sharply below the average estimate of analysts.
Fifteen Democratic lawmakers asked the Obama administration to approve AT&T’s proposed purchase of T-Mobile USA. Representative Heath Shuler and 14 other Democrats sent a letter to President Obama arguing that the deal would reduce joblessness and encourage investment.
Facebook will delay its initial public offering until the end of 2012 so employees can focus on developing products for the No. 1 social networking website, the Financial Times reported. Sources told Reuters earlier this month that Facebook’s revenue doubled to $1.6 billion in the first half of 2011. Investors have pushed its valuation to roughly $80 billion in the private markets.
Former Kleiner Perkins partner Eric Feng launched social network Erly.com, drawing on the idea that people want to organize their experiences– weddings, bike rides, or vacations– around events themselves, rather than people who participate.