Nokia has sold its New York headquarters, located north of Manhattan in an industrial area outside of White Plains, New York. Purchased six years ago for $30 million, the struggling Finnish vendor sold the building to biotechnology firm Histogenetics for $12 million. ”It’s a great deal for 12 million bucks,” Michael Rao, president of the realtor representing Histogenetics, told LoHud.com. “The building is gorgeous. It’s so spectacular.” Nokia’s move comes as its struggles i...

Microsoft’s mobile platform has not been the blockbuster success the Redmond, Washington-based technology giant was hoping for thus far. Google’s Android OS and Apple’s iPhone are still dominating the smartphone space by a huge margin in the United States and abroad, while Microsoft’s share of the global smartphone market has continued to decline. According to a new report from market research firm Kantar WorldPanel, however, Windows Phone is finally showing signs of life in several ke...

Nokia continues to struggle as the once dominant cell phone maker continues to lose share in both the smartphone and broader mobile market. The Finnish vendor’s Lumia handsets have yet to take off and Nokia’s stock has tumbled 90% over the past five years. Nokia CEO Stephen Elop may look toward his former employer, Microsoft, to step in and help the troubled handset maker, Reuters suggests. The company’s partnership with the software giant is seen as a last chance to turn its business arou...

Adding insult to injury is never a concern for the litigious among us, and one man has filed a class action suit against Nokia in New York because its comeback, thus far, has been anything but. Complaint Robert Chmielinski, represented by Robbins Geller Rudman & Dowd, alleges that Nokia’s shift to the Windows Phone platform has not halted its sliding position in the global smartphone market, as the company promised it would. Nokia reported last month that it lost a staggering $1.7 billion in the ...

Nokia’s outgoing Chairman Jorma Ollila told the Financial Times the company plans to launch a range of tablets and “hybrid” smart mobile devices, although no time frame was given, Reuters reported. The Chairman, who has been with the company for 27 years, admitted that Nokia acted too slow at the start of the smartphone revolution. He believes, however, that the combination of new products and Nokia services will help the company recover.”Tablets are an important one, so that is being ...

Nokia on Wednesday announced that its 41-megapixel camera-equipped 808 PureView smartphone will begin rolling out later this month in Russia, India and additional unnamed markets. Nokia unveiled the impressive camera phone in February during the annual Mobile World Congress trade show in Barcelona, Spain, and BGR took a hands-on look at the device during the show. While a 41-megapixel sensor coupled with Carl Zeiss optics place the handset in a league of its own, the 808 PureView is powered by the Symbian ope...

During the annual Consumer Electronics Show in January 2009, a struggling smartphone company that had once helped shape the mobile industry unveiled its next-generation platform. It was gorgeous. The design was unique and appealing, the gesture-based controls were smart and intuitive, and the company’s new smartphone operating system offered a breath of fresh air in an industry dominated by just two major players, Apple and Google.On August 18th, 2011, less than three years after this promising new plat...

The global smartphone market grew by 42.5% year-on-year in the first quarter of 2012, as the worldwide mobile phone market declined 1.5%. According to market research firm IDC, vendors shipped a total of 398.4 million mobile phones in the first quarter compared to 404.3 million units in the same quarter last year. Samsung ousted longtime leader Nokia to become the world’s largest mobile phone vendor, and it topped Apple to become the world’s largest smartphone vendor. The South Korea-based vendorÂ...

Apple co-founder Steve Wozniak recently purchased a Nokia Lumia 900 and thus far has had nothing but a pleasant experience with the device. The folks over at aNewDomain.net caught up with “the Woz” and spoke to him about his opinion on the Windows Phone platform. “Just for looks and beauty I definitely favor the Windows Phone over Android,” he said. Wozniak called the operating system “intuitive and beautiful,” and said it makes him feel as if he is “with a friend ...

Samsung reported a blow-out first quarter on Friday as strong mobile phone sales helped the consumer electronics giant increase profits by 82% to a record 5.05 trillion won. The numbers were undoubtedly impressive as they stood, but market research firm Strategy Analytics helps us paint a broader picture of just how dominant Samsung’s mobile business was in the first quarter. On the smartphone side, Strategy Analytics estimates that Samsung sold a staggering 44.5 million smartphones into channels last q...

As previously reported, Nokia on Monday held a groundbreaking ceremony that kicked-off development of the company’s first manufacturing facility in Vietnam. The new plant is located in Vietnam-Singapore Industrial Park in Bac Ninh province and is beng developed on 42 acres of land. Nokia plans to open the factory in early 2013 and create as many as 10,000 new jobs while producing 45 million handsets by the end of 2014. “Thanks to the valued support from the Vietnamese government, our manufacturing...

While Microsoft’s Windows Phone platform may not be as big as Apple and Google’s offerings, it is still possible for app developers to find success on the emerging operating system. A year ago, FourBros Studio launched a free game called Taptitude on the Windows Phone Marketplace. The game, as of today, has earned the company over $100,000 in revenue and boasts more than 300,000 users, Business Insider reported on Thursday. Interestingly enough, the company’s revenue has spiked since the lau...

Nokia warned that its first-quarter earnings would be weak, and the numbers are now in. Revenue declined 30% to €7.4 billion, or $9.7 billion USD last quarter, down from €10.4 billion, or $13.6 billion in the same quarter last year. The company posted a massive €1.3 billion loss, or $1.7 billion USD, which breaks down to a loss of €0.25 per share. Smartphone sales plummeted 52% to 1.7 billion units in the first quarter, and net device sales dropped 40% to 4.2 billion units. Read on for more. (more...

Following reports of a Windows Phone developer evangelist claiming that every Windows Phone 7.5 device currently on the market will receive an upgrade to Microsoft’s next-generation Windows Phone 8 operating system, doubt has been cast over the accuracy of his claims. In an interview with Portuguese technology news site Zwame, Microsoft developer evangelist Nuno Silva stated that all current devices would eventually be updated to the ”next major version” of Microsoft’s mobile platfor...