Just in time for Mother’s Day, AT&T has rolled out 4G LTE coverage in six new markets and expanded 4G LTE to another two markets. Here’s the list of markets that AT&T lit up with 4G LTE today: Richmond-New Castle, Ind. Adrian, Mich. Sault Ste. Marie, Mich. Glens Falls, N.Y. (includes South Glens Falls, West…
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…
Microsoft’s acquisition of Nokia made Elop a whopping $33 million!
Microsoft has completed the acquisition of Nokia in a deal that was worth $7.5 rather than $7.2 billion, which was the initial figure. The rise in the price also affected Stephen Elop’s severance package that grew from $26 to $33 million. Not bad for a man under whose reign Nokia’s stock price and market share…
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…
Huawei looking to ship 80 million smartphones this year
Huawei is aiming to ship 80 million smartphones globally this year, growing 53.8% compared to the previous year. Of that number, the Honor 3C alone — which was launched at the end of 2013 — should account for 20 million units. In order to make this happen, Huawei plans to spend $300 million on global…
The man behind the HTC One design is leaving the company
HTC’s head of design Scott Croyle will be leaving the company. The man behind the HTC One’s amazing design is departing to work on his own projects, though for the time being – he will stay involved with the company in some way. HTC described the move as a “long-term transition” but somehow we don’t…
Motorola Solutions invests in smart glass maker Recon Instruments
Recon Instruments, which makes smart glasses / head-up displays for sports, has managed to raise cash from Motorola Solutions Venture Capital. This is not the part of the company that makes phones and thus won’t become part of Lenovo. Recon is a pioneer in wearable computing and Heads-up Display technology, and the new cash will…
Nokia mobile phones unit to be called Microsoft Mobile after the acquisition is completed
As part of the deal to acquire Nokia’s Devices and Services division, excluding HERE mapping services, Microsoft will also get to rename the company. The new name of the venture will be Microsoft Mobile Oy. The information comes from the letter Microsoft is sending to Nokia’s suppliers, informing them about the change and how that…
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 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…









