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Nokia share price plummets as it lowers outlook

The world's top mobile phone maker Nokia on Tuesday downgraded its second quarter outlook, saying sales would be far lower than expected and that it could no longer give a full-year forecast.

Nokia says to cut 4,000 jobs, outsource 3,000

The world's leading mobile phone maker Nokia said on Wednesday it will cut 4,000 jobs worldwide by the end of 2012 and transfer a further 3,000 employees to consulting firm Accenture.

Nokia needs to make Windows phones hip

Nokia has scrapped its smartphone software for Microsoft's supercharged mobile operating system. Now a world enamored by Apple's iPhone and Android handsets needs reason to care.

Nokia faces key test with strategy announcement

Finland's Nokia faces a key test this week when chief executive Stephen Elop finally unveils a long awaited plan to reverse a sharp slide in the fortunes of the world's number one mobile phone maker.

Moody's lowers outlook on Nokia

Rating agency Moody's said Tuesday it had lowered its outlook on Finnish mobile phone maker Nokia to "negative" from "stable."

Nokia to cut 1,800 jobs as net profit euro529 million

(AP) -- Nokia Corp. is moving quickly to restructure its lagging smart phone business under new CEO Stephen Elop, announcing Thursday it will lay off 1,800 people even as third-quarter earnings bounced back from a year-ago ...

Google reaffirms commitment to China

Google vice president John Liu on Tuesday reaffirmed the firm's commitment to China, the world's largest web community, after its harsh battle this year with Beijing over censorship and cyberattacks.

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