nokia Archives - Elite Sites

Nokia beats estimates and returns cash, Alcatel deal on track

October 29, 2015 publisher also-reported, angela-moon, chinese, halloween, jussi-rosendahl, leila-abboud, margot-robbie, nokia, offset-weaker, said-on-friday, suicide-squad, sweden, vault-the-new

By Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) – Finnish network equipment maker Nokia reported stronger-than-expected quarterly profits as growth in China offset weaker demand in other key markets, and said it would return money to shareholders after acquiring Alcatel-Lucent . The tie-up will vault the new company into a stronger position to compete with Sweden's Ericsson and low-cost Chinese player Huawei [HWT.UL], in a market for telecom network gear where little growth and tough competition are pressing down prices

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Microsoft posts $3.2 billion loss as it writes down Nokia phone business

July 21, 2015 publisher affordable, flawed-health, microsoft-corp, nokia, seen-over, state, summit-partners, user

Microsoft Corp reported a $3.2 billion quarterly net loss as it wrote down its Nokia phone business and demand fell for its Windows operating system.

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Amazon hires Iberdrola to build wind farm for cloud data

July 14, 2015 publisher future-cloud, microsoft-corp, nokia, north, north-carolina, porch, state, virginia

Online store Amazon said it has contracted Spanish utility Iberdrola to build and manage a wind farm in North Carolina, United States, to power its current and future cloud data centers. Amazon affiliate Amazon Web Services (AWS) said on Monday the wind farm would be operational by December of next year, putting it on track to surpass a goal for 40 percent its electrical grids to be powered by renewable energy by end-2016

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China aims to boost Internet speeds, cut prices

May 14, 2015 admin country, internet, long-bugbears, match-feature, nokia, revenue-sources, the-companies, will-accelerate

China will accelerate development of its high-speed broadband networks to raise Internet speeds and cut prices, long bugbears in a country where many people still have no access to the web. Telecoms firms should make rapid moves to cut prices and increase urban broadband speeds by around 40 percent, according to a statement issued late on Wednesday by China's State Council, the country's cabinet. China's investment in broadband could benefit global network equipment makers such as Ericsson and Nokia Oyj's Alcatel-Lucent, as well as home-grown players like Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp.

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India learns to ‘fail fast’ as tech start-up culture takes root

May 14, 2015 publisher casual-dress, country, india, major-cultural, nokia, silicon-valley, take-steady, tech-start-ups, the-companies

By Nivedita Bhattacharjee and Clara Ferreira-Marques BENGALURU, India (Reuters) – After ping pong tables, motivational posters and casual dress codes, India's tech start-ups are following Silicon Valley's lead and embracing the “fail fast” culture credited with fuelling creativity and success in the United States.

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Facebook raises minimum pay for contractors to $15 per hour

May 14, 2015 publisher casual-dress, chief-operating, india, major-cultural, menlo-park, nokia, officer-sheryl, take-steady, the-companies, the-technology, wage, zenica

By Yasmeen Abutaleb NEW YORK (Reuters) – Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of $15 per hour amid rising tension over the wage gap between the technology sector's elite and the lower-paid workers. Contractors will also receive a minimum of 15 days of paid vacation days and a $4,000 new child benefit for parents who do not receive parental leave, Chief Operating Officer Sheryl Sandberg said in a Wednesday post on Facebook