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Withings today completes its tantalizing return from the tech scrapheap with the launch of its first new product as an independent company. The French firm, which was founded by Éric Carreel and Cedric Hutchings in 2008, was bought by Nokia in 2016 for $ 192 million. Nokia later ditched the Withings brand in favor of Nokia […]
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Nokia has has entered negotiations to sell its Digital Health business to its original owner, Withings co-founder Éric Carreel. The move is part of the companies plan to exit the consumer market and “focus on becoming a business-to-business and licensing company,” it said. The company paid $ 191 million for Withings back in 2016, but […]
(Reuters) – Finland’s government investment arm Solidium has acquired a 3.3 percent stake in Nokia at a cost of about 844 million euros ($ 1.04 billion) to strengthen Finnish influence over the telecom network gear maker. “We believe that this will be a good investment. One must remember that Nokia is Finland’s largest company and […]
Nokia will hold its annual Mobile World Congress keynote tomorrow at 5pm CET. HMD Global, which acquired the Nokia brand from Microsoft, launched the retro Nokia 3310 at Mobile World Congress (MWC) last year. The phone boasts the same alpha-numerical keypad, but shipped with a colour display – unlike the original. The Nokia 3310, which […]
The unraveling of Nokia’s ambitious attempt to reinvent itself continued today when the company announced it had “initiated a review of strategic options for its Digital Health business.” In a short statement, the company said: “The strategic review of the Digital Health business may or may not result in any transaction or other changes. Any […]
Charles Platiau/Reuters Nokia posted its earnings results on Thursday, announcing better than expected numbers, and is seemingly on track to be profitable again in two years. Its revenue stream, mainly driven by the sales of network equipment, brought in a profit increase of about 7% to €1 billion ($ 1.2 billion/£842 million). The company has […]
HMD Global HMD is launching a second generation of the Nokia 6. Compared to the old Nokia 6, a lot has changed. There’s a bigger-than-you’d-expect spec boost and a more modern design. The good things are still the same, though—it’s still made of metal, and it still costs about $ 230. First, the specs: the […]
Today, BlackBerry accepted an International Chamber of Commerce (ICC) decision that the company pay Nokia $ 137 million due to a contract dispute. The latter allegedly accused the smartphone maker of failing to make payments on patent license contracts and brought the matter to the ICC’s arbitration panel. While BlackBerry bowed to the ICC’s ruling, […]
The Nokia 8 broke cover in the run-up to IFA 2017, so while it wasn’t officially launched at the show in Germany, it’s one of several phones vying for your cash ahead of a certain company’s next phone. It’s the most accomplished Android phone that Nokia has made, but with a tradition of pushing mobile […]
