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Microsoft buys Nokia mobile business for $7.2 billion

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Microsoft is buying Nokia’s smartphone business and a portfolio of patents and services in an attempt to improve its position in the mobile market and compete with Apple and Google at a time when more people pursue their lives on mobile devices. The $7.2 billion deal announced late on Monday marks a major step in Microsoft’s push to transform itself from a software maker focused on operating... 

Former Slovenian PM gets jail for bribery

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Former Slovenian Prime Minister Janez Jansa Former Slovenian Prime Minister Janez Jansa has been sentenced to two years in jail on charges of soliciting bribes in the recession-hit country’s largest defense agreement in 2006. On Wednesday, Slovenian judge Barbara Klajnsek said Jansa had been found “guilty on the charges of giving or receiving bribery or bribery promises in the acquisition of... 

Russia has to react as NATO moves closer to its borders - Medvedev

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Iskander high-precision missile system Russia cannot see NATO expansion towards its borders as positive, as under certain circumstances the possibility of military confrontation remains, the Russian PM has said at the Euro-Arctic Council’s forum. When a reporter asked Dmitry Medvedev how the balance of forces in Europe will change if Sweden and Finland decide to enter NATO, the Russian Prime Minister... 

Europe: Economy falling, nine countries are in recession

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The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession: Spain, France, Italy, Finland, Netherlands, Portugal, Cyprus, Greece and Slovenia. The austerity policy imposed by the troika and the German government of Angela Merkel is sinking Europe. Eurostat data was released on Wednesday (15th) and are relative to GDP in the euro area in the first quarter... 

Stephen Elop to be fired by early 2013, Nokia to switch on Android

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Nokia is desperately trying to reestablish itself as a major contender in the mobile phone space, but it’s no easy task going up against the likes of Apple and Samsung. There’s also a lot riding for company CEO Stephen Elop, who could find himself looking for a new job if the Lumia 920 fails to excite customers the way he envisioned. Elop has bet the farm and possibly his job on Microsoft’s... 

Finland will lose sovereignty if joins NATO - Putin

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Saying that Finland will surrender its right to act independently in the event it joins the western military alliance, Putin added that Moscow will respond to deployment of any NATO attack missiles based in the Nordic country. “The involvement of any country in a military bloc deprives it of a certain degree of sovereignty, and some decisions are made at a different level,” the Russian... 

Samsung overtakes Nokia, ending their 14-year reign

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Samsung Galaxy Note: The poll showed analysts on average expect Samsung to have sold 88 million cellphones in January through March, surpassing the 83 million which Nokia sold in the quarter Samsung ended Finnish phone maker Nokia’s 14-year leadership of the global mobile phone market in the first quarter of the year, outselling the struggling handset maker for the first time ever. It’s... 

Nokia to axe 4,000 more jobs, improve production efficiency

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Today, Nokia announced that it’s going to cut 4,000 more jobs at its factories in Hungary, Mexico and Finland in an effort to improve the production efficiency of said plants. The company plans on moving a larger part of the production of its smartphones to Asia, which it says will help reduce the time it takes for its products to reach the market. As Nokia continues to suffer the effect of... 

Nokia lose huge market share in their homeland

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There’s a state of unease within Nokia at the moment and unsurprisingly so. With the first Nokia-Microsoft lovechild now out in the market (the Lumia 800, you might have heard of it) and an aggressive marketing strategy in place to drum up interest in Windows Phone-laden Nokia’s coming fresh out of the factory, the Finnish company have been waiting with bated breath to see how consumers... 

Nokia Tests Solar Power For Cell Phones

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Petteri Alinikula, Nokia's Head of Product Sustainability and one of the testers in action on the Baltic Sea. Finnish cell phone giant Nokia is on a mission to find out how to apply solar power technology to cell phone technology. The company started a project in June called Nokia Solar Charging Project which is coming to its conclusion at the end of September. It sent a group of people on the... 

European Nationalist Parties Top Opinion Polls

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Several nationalist and anti-immigration parties have become the most popular in their countries, topping recent opinion polls in France, Austria and Finland. France’s Front National, Austria’s Freedom Party and Finland’s True Finns have all headed voters’ surveys in recent weeks. In March, Marine Le Pen’s party received 23 per cent in a poll of voting intentions for 2012’s presidential... 

Nokia to cut 4,000 jobs worldwide

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Nokia is almost Finish(ed), due to its stubbornness to switch to Android, is now set to cut 4,000 jobs worldwide by the end of 2012. Mobile phone maker Nokia to cut 4,000 jobs worldwide from its 65,000-strong workforce, including 700 in the UK Nokia, once indisputably the world’s largest mobile phone company, will lay off 4,000 people worldwide by the end of next year as it attempts to cut costs... 

True Finns rock Finnish vote and stun Europe

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They call themselves the True Finns: down-to-earth, hardworking people who love their country but feel neglected by its political elite. They’re tired of bailing out southern Europeans who lived beyond their means. And wary of Somali, Iraqi and other immigrants who are slowly reshaping the homogenous nation of their forefathers, the tenacious Finns who halted the advance of the mighty Red Army... 

Finland Creates All-Knowing 3D Speed Camera

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Even the most law-abiding driver might feel a shiver down the spine when spotting this speed camera at the roadside. For as well as detecting speeding, it is packed with gizmos that check number plates to make sure insurance and tax are up to date. It also measures the distance between vehicles to spot tailgating and takes pictures of the inside of the car – to make sure you are wearing a seat belt. The... 

Rwandan Pastor Found Guilty of Mass Murder in Finland

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Francois Bazaramba seen at a court hearing in October 2009. Bazaramba was found guilty of mass killings in connection with the Rwanda genocide of 1994, and was sentenced to life imprisonment by the Eastern Uusimaa District Court in Porvoo on Friday. Life sentence handed down in Ruanda genocide case heard in Porvoo 59-year-old African pastor found guilty of mass murder. The Eastern Uusimaa District... 
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