Microsoft Enters The Mobile Market After Buying Nokia’s Phone Business Worth $7.2 Billion

What if? Was a most enticing topic in recent years in which websites, blogs claimed all possible equations in the technological market. This one has actually turned out to be a realistic issue as Microsoft has purchased the device and service unit of Nokia that has brought up the Lumia line under th … Continue reading

S&P Downgrades Nokia’s Rating To B+

Things are not going as planned for Nokia. The company’s decision to buy out Siemens ownership in the Telecom Equipment Joint Venture NSN has had a negative market response. Ratings agency S&P has now reduced Nokia’s rating by one, to B+ from BB-, reason for this being anticipation of net cash … Continue reading