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Nokia CEO Stephen Elop is under pressure to justify a decision to ditch the company’s smart-phone software in favor of Microsoft’s, his former employer.
Nokia Corp., the world’s largest maker of phones, announced the alliance with Microsoft Corp. Friday. In a show of displeasure, Finnish employees used flex time to go home early. Get the full story »
In a major shift, Nokia Corp. Friday said it will adopt Windows Phone as its main smartphone platform, part of a broad strategic partnership with Microsoft Corp. that will see the next two years become a period of transition for the ailing handset maker.
“Nokia and Microsoft will combine our strengths to deliver an ecosystem with unrivalled global reach and scale,” said Nokia Chief Executive Stephen Elop, a former Microsoft employee. “Nokia is at a critical juncture, where signficant change is necessary and inevitable in our journey forward,” he said. Get the full story »
Nokia’s stock rallied Friday after the Finnish mobile phone maker said it was replacing its chief executive with an executive from Microsoft Corp.
Nokia’s board of directors said it hired Stephen Elop for the position of president and CEO. Currently the head of Microsoft’s business division, Elop is scheduled to begin his new job on Sept. 21. Get the full story »
