Microsoft and Nokia Recently Scuttled Merger Talks
Talks between Microsoft and Nokia that would have seen the two cpmpanies combine have fallen apart, reports the Wall Street Journal. The talks were in advanced stages and occurred as recently as this month, but were halted by several roadblocks. For starters, the two companies could not agree on a price. Nokia's current stock price gives it a valuation of about $14 billion. Further, both Nokia and Microsoft are each in precarious positions. Nokia, in particular, is struggling to compete against smartphones made by firms such as Apple, Huawei, and Samsung. The Journal notes that the talks will not likely be revived any time soon. Nokia uses Microsoft's Windows Phone platform in its Lumia smartphones.
Microsoft Makes Branding Change Official
Microsoft today indicated its branding transition from Nokia Lumia to Microsoft Lumia is progressing as planned. Microsoft has slowly been rebranding apps, services, and web sites from Nokia to Microsoft.
Microsoft Adds More Sunrise Features to Outlook Calendar
Microsoft today updated its Outlook email and calendar app for Android and iOS devices. The refreshed communications and scheduling tool offers a number of new features aimed at the calendar.
T-Mobile Outs Windows 10 VR Phone From Alcatel
T-Mobile today listed the "Alcatel IDOL 4S with Windows 10 VR" on its web site. The unique version of the Idol 4S not only runs Windows 10, but sports many of the upgrades available in the related BlackBerry DTEK60, such as the high-end Snapdragon 820 processor, 21-megapixel camera, and USB Type-C connector, none of which are in the standard Idol 4S.
Microsoft to Drop Nokia Brand from Smartphones
Microsoft indicated that it is prepared to drop the Nokia brand from its line of Windows Phones. Moving forward, the company will use the Microsoft Lumia name to refer to its phone hardware.
Nice Choice of Wordz...
Who determined that Nokia is struggling? A statement like this should deserves further context. How are they struggling? Stock price? Unit sales? Lifting weights? If this was a phonescoop employee typing this out, he/she should just label the article an attack ad.
I'd say that the shareholder's concern about Nokia's future should be a sign.
I think Eric meant companies