German automakers buying Nokia's HERE map business

A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.'s HERE map business in a deal that values the unit at 2.8 billion euros ($3.1 billion) and secures their access to technology ...

Nokia turns to Q1 profit but networks division is a concern

Buoyed by strong overall sales, Nokia made a net profit of 177 million euros ($195 million) in the first quarter from a loss a year earlier, but its shares plummeted more than 10 percent Thursday over a weak performance at ...

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