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  • Nokia takes on Google with Symbian buy

    Posted Jun 24 2008, 06:41 AM by Kim Peterson Rating:

    Nokia is buying Symbian, a company that makes operating systems for mobile phones. Nokia already uses Symbian software in its smartphones, so the move isn't a huge surprise. But in an unexpected twist, Nokia is going to make Symbian open and royalty-free for software developers. In doing so the company is clearly going after Google for the future of mobile phone systems.

    Nokia was already paying Symbian some $250 million a year to use Symbian's software in phones, analysts say. So buying Symbian outright for $410 million is smart business. Nokia shares were up slightly in morning trading to $24.48, and Google shares are down just slightly to $543.36.   Read More...

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  • Motorola not throwing in the towel yet

    Posted Jan 29 2008, 12:52 PM by Kim Peterson
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    Let's be clear about one thing: Motorola is not quitting handsets. Some irresponsible bloggers are suggesting otherwise today with headlines like "Moto Knocked out of Handset Business?" The blogosphere needs to take a deep breath before spreading false rumors.

    All this because an analyst tossed around the idea in a report before dismissing it. Richard Windsor of Nomura International said his research shows that Motorola might exit the handset business and "concentrate on becoming an enterprise and government company." But Windsor goes on to say he thinks Motorola will "remain in its current form and return to some semblance of profitability after a very difficult 2008."

    The headline of the Windsor's note, Barron's notes, is "Motorola - Handsets to Stay." Motorola shares are largely unaffected by the attention today.   Read More...

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