elop

Report: Ballmer had board pushback on Nokia deal, originally included HERE Maps division

Report: Ballmer had board pushback on Nokia deal, originally included HERE Maps division

Bloomberg BusinessWeek has a fascinating article today on the behind-the-scenes maneuvering by Microsoft on the Nokia devices acquisition. The four page article is mostly about how CEO Nadella is putting things back together, and asserting his vision, but there are some enthralling tidbits too about how the Nokia deal came to be. In the report, it’s revealed that the original deal...

Daniel Rubino 184
What’s with Stephen Elop’s getting millions for what many consider to be a failure?

What’s with Stephen Elop’s getting millions for what many consider to be a failure?

Today it seems everywhere you turn in the financial media, there is a story about how Nokia’s chairman screwed up in disclosing information about Stephen Elop’s bonus package to the media. Some of the reporting on it is a bit wonky, so I thought I’d clear things up. Long story short, Nokia’s chairman was initially quoted as saying Elop’s contract was essentially the same as that of the...

Chris Umiastowski 161
Nokia sells Oulu Campus, leases back used space and provides room for startups

Nokia sells Oulu Campus, leases back used space and provides room for startups

Nokia has continued to cut jobs and sell assets, absorbing some extra cash and slashing costs. The company has now sold its Peltola campus in Oulu to domestic business space provider Technopolis. The deal comes after Nokia sold and leased back its headquarters in December. The Oulu campus has gone for €30.5 million. The company has reported profit in a recent financial report, but it's...

Rich Edmonds 8
Elop believes a Surface Windows Phone from Microsoft would 'stimulate' the ecosystem

Elop believes a Surface Windows Phone from Microsoft would 'stimulate' the ecosystem

All is rosy between the two chaps at the Lumia 920 announcement Nokia CEO Stephen Elop appeared to welcome the idea of Microsoft creating its own Windows Phone in an investor call today. Elop has previously declined to acknowledge or confirm such a project was underway at Redmond, but we later covered news that Microsoft does indeed have its own Windows Phone in the works. The response...

Rich Edmonds 74