Samsung is ready and rearing to take the wraps off its new Galaxy Note 3 and Galaxy Gear smart watch.Today’s Unpacked event, officially the Episode 2 of Unpacked 2013, is slated to kick off at 19:00 CEST / 13:00 EDT / 10:00 PDT. Like other Samsung events, this one will be streamed live via Samsung…
Nokia stock jumps 30% following Microsoft acquisition announcement
Wall Street is apparently pleased with Nokia’s decision to sell its handset division to Microsoft. As noted by Time, the Finnish company’s stock surged almost 40 percent after the acquisition was announced. As of the writing of this post, Nokia’s stock has climbed to $5.08, a 30% gain. In contrast, the response to Microsoft’s decision…
Android chief confirms Kit Kat name for Android 4.4
Android chief Sundar Pichai announced on Twitter today that the next version of Android (version 4.4) will be named Kit Kat, not Key Lime Pie as we all expected. Pichai posted up a photo of the Kit Kat robot standing proudly in front of Google’s headquarters, nestled in nicely near the Gingerbread man and the Jelly…
Apple sends out invites for September 10th event
Surprise, surprise, Apple is sending out press invites for a September 10th event to be held at the company’s Cupertino campus. The event is slated for 10:00 AM PT. Apple may use the event to announce a new iPhone. The iPhone model may replace the current iPhone 5 and is rumored to include some extras like…
Nokia one-ups Samsung in sneaky marketing stunt
Samsung is known for its big marketing budget, but that hasn’t deterred Nokia from trying to compete on a smaller scale. This friendly competition between the two handset manufacturers was spotted recently overseas by a UK Mobile Review reader. The unnamed reader was walking by a billboard advertisement for Samsung’s Galaxy S4 zoom and noticed…
Steve Ballmer letter to Microsoft employees details post-Nokia leadership changes
Steve Ballmer sent out a letter to Microsoft employees detailing the acquisition of Nokia’s device and services division. Ballmer confirmed that Nokia CEO Stephen Elop will return to Microsoft and will lead an expanded Devices team. This team will include most of the teams coming over from Nokia as well as all of Microsoft’s Devices and…
Microsoft confirms it makes less than $10 for each Windows Phone sold, will make $40 post-acquistion
The bottom line of the Nokia Microsoft acquisition is the EUR 5.44 billion that’ll exchange hands as part of the deal. Like most acquisitions, there are a lot more numbers under surface that explain why Microsoft decided to start the merger process now. John Paczkowski of AllThingsD has a nice rundown of the numbers behind…
Microsoft to acquire Nokia for $7.17 billion
Nokia and Microsoft jointly announced that the Redmond company will acquire the Finnish handset maker for EUR 5.44 billion ($7.17 billion USD). As part of the transaction, Nokia will sell all of its Devices & Services business as well as license its patents to Microsoft for EUR 5.44 billion in cash. Microsoft is paying 3.70…
Three HTC employees are accused of leaking trade secrets
Three HTC executives are under investigation for allegedly selling HTC’s trade secrets to Chinese firms, according to a report in The Telegraph. Taiwanese investigators allegedly searched HTC’s research and development center and the employee’s homes after the company accused the trio of stealing information about technology used in HTC’s upcoming Sense 6.0 UI. They also…
Verizon, Vodafone agree to $130 billion Verizon Wireless deal
According to Reuters, Verizon and Vodafone are prepared to announce a $130 billion deal that’ll buy out Vodafone’s interest in Verizon Wireless and put control of the carrier in the hands of US-based Verizon Communications. Vodafone, which owns 45 percent of Verizon Wireless, will get $58.9 billion in cash, $60.2 billion in Verizon stock, and…