Nokia to invest $100 million in connected cars market

Nokia to invest $100 million in connected cars market

Now that it’s “lost” its Devices division to Microsoft, Nokia is looking elsewhere for business. And it wants to explore other growing markets, like connected cars. To that end, the Finns are launching a $100 million venture fund to invest in auto technology companies across the globe. They are looking for promising startups and auto…

Rajeev Suri appointed as the new CEO of Nokia

Rajeev Suri appointed as the new CEO of Nokia

Nokia has a new CEO, and it’s the former networking head Rajeev Suri. “As Nokia opens this new chapter, the Nokia Board and I are confident that Rajeev is the right person to lead the company forward,” said Risto Siilasmaa, Chairman of the Nokia Board of Directors. “He has a proven ability to create strategic…

Intel losing billions on tablet and smartphone chips

Intel losing billions on tablet and smartphone chips

Intel is still having hard time competing in the mobile chip business, which is still dominated by Qualcomm and few smaller rivals like MediaTek, NVidia, Allrunner, RockChip and others. In addition, we also have an increasing number of handset makers relying on their own solutions, including Apple, Samsung and Huawei, with ZTE and LG looking…

Amazon acquires comiXology!

Amazon acquires comiXology!

Amazon is acquiring digital comics platform comiXology. No numbers have been mentioned in the press release, but chances are the retail giant / infrastructure provider had to pay a hefty premium for the service that has been operating for so long. ComiXology’s mission is to spread the love of comics and graphic novels in all…

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