Microsoft Made $250M in 'Platform Support Payments' to Nokia
Nokia's most recent quarterly results show that Microsoft paid the company $250 million for adopting Microsoft's Windows Phone 7 platform. "Our broad strategic agreement with Microsoft includes platform support payments from Microsoft to us as well as software royalty payments from us to Microsoft," said Nokia. "We have a competitive software royalty structure, which includes minimum software royalty commitments. Over the life of the agreement, both the platform support payments and the minimum software royalty commitments are expected to measure in the billions of U.S. dollars." Nokia reported that it has sold more than one million Lumia smartphones to-date, but it recorded a loss for the quarter of $1.4 billion.
Sep 24, 2018
Google says it is making a "fundamental shift" in how it thinks about Google Search. The company hopes the changes will make searches more visual and, in the end, more helpful.
Jun 20, 2016
Google plans to change the results shown when people search for symptom-based information. Moving forward Google will show a list of related conditions to symptoms like stuffy nose, cough, or headache.
Nov 6, 2018
Google today rolled out several tools to help Americans vote in the 2018 mid-term elections. There are three components to the information being offered by Google: how to vote; who are the candidates and what are the issues; and what are the results.
Jun 21, 2016
Microsoft today updated its Microsoft Wallet app and gave Lumia smartphone owners the ability to make mobile payments at supporting retailers. Windows Mobile has long included a Wallet app, but until today it was reserved for loyalty cards and other retail programs.