Techmeme: Nokia sells Vertu luxury phone arm to EQT, keeps 10 percent stake (Jeff Blagdon/The Verge)

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June 14, 2012, 8:45 AM

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Diana ben-Aaron / Bloomberg:

Nokia To Cut 10,000 Jobs As Elop Tries To Stanch Losses — Nokia to Cut Up to 10,000 Jobs to Halt Losses — Nokia Oyj (NOK1V) cut its earnings forecast for this quarter and said it will eliminate as many as 10,000 jobs and shut production and research sites in three countries …

More: CNNMoney.com, New York Times, Dow Jones Newswires, BBC, Reuters, ZDNet, The Tech Trade, Engadget, Bloomberg, Wall Street Journal, SlashGear, fiercewireless.com, DailyTech, Nokia Innovation, GamesIndustry International, The Verge and I4U News. Tweets: @michael_french

Jeff Blagdon / The Verge:

Nokia sells Vertu luxury phone arm to EQT, keeps 10 percent stake — As Reuters reported yesterday (June 13th), Nokia is selling its Vertu luxury phone business to private equity group EQT. While reports indicated Vertu would sell for €200 million (about $249 million) …

More: AllThingsD, ZDNet, LiveSide.net, Inquirer, Nokia, PC World, Guardian, digitaltrends.com, The Register, GigaOM, TechnoBuffalo, Phones Review, Nokia, Softpedia News, Mashable! and The Next Web. Tweets: @asymco

Robin Wauters / The Next Web:

Amidst layoffs and leadership changes, Nokia buys assets of mobile imaging firm Scalado — Buried in a press release announcing 10,000 additional lay-offs and 3 top executives stepping down from the company, mobile phone maker Nokia said it has acquired assets of Swedish mobile imaging technologies company Scalado.

More: ReadWriteWeb, BGR, CNET, Gizmodo, Business Insider, Fast Company, TechCrunch, Nokia, Engadget, The Verge, The Next Web, My Nokia Blog, Nokia, CrackBerry.com and Techie Buzz

Jon Fingas / Engadget:

Nokia: Microsoft is giving us “specific support” to compete with Android at even lower prices — Nokia made mention of a broader Lumia phone range coming as part of its major strategy shakeup, but it wasn't clear just where the Windows Phone line was heading.

More: The Verge

Owen Thomas / Business Insider:

Microsoft Is Buying Yammer, According To People At Yammer — UPDATE: Bloomberg is now reporting that Microsoft is in talks to buy Yammer for more than $1 billion, with a deal coming as soon as Friday. — EARLIER: We just heard from a source inside Yammer that the office has been abuzz since Monday …

More: Bloomberg, Guardian, The Verge, Neowin, GeekWire, PandoDaily, Mashable!, Computer Business Review, CNET, Social Markets, The Tech Trade, VentureBeat and TechFlash

Tweets: @sarahtaylor, @levie, @alexia, @marshallk, @fromedome, @mariosundar and @p2chairman

Arik Hesseldahl / AllThingsD:

Why The Rumored Microsoft Deal for Yammer Rings True — Rumors have been in the water for awhile now that Microsoft was interested in buying out the social enterprise software company Yammer. A report in Bloomberg News, plus a Tweet about a conversation overheard at a Silicon Valley ice cream shop has raised them to a fever pitch.

More: Business Insider, Mashable! and PandoDaily

Samsung Tomorrow:

The rumor regarding a project named ‘Samsung Facebook’ is groundless — There have been inquiries and a few articles claiming that Samsung Electronics is going to offer a Facebook-like service, being developed under a code-name called ‘Samsung Facebook.’ However this is not true and the rumor is groundless.

More: The Next Web, Inquirer, Engadget, SlashGear, PhoneArena, Pocket-lint, Pocketnow and The Korea Times

Betabeat:

Kleiner Perkins ‘Vigorously Denies’ Ellen Pao's Gender Discrimination Claims — Kleiner Perkins Caufield & Byers has filed a response to partner Ellen Pao's allegations of gender discrimination and boy howdy, they did not hold back. We've obtained a copy, and here's the meat and potatoes:

More: TechCrunch, VentureBeat, CNET, Bits, VatorNews, AllThingsD, Venture Capital Dispatch and PE Hub Blog

Tweets: @danprimack and @danprimack

Michael Sippey / Twitter Blog:

Experience more with expanded Tweets — Starting today, you can discover more interactive experiences inside any Tweet on twitter.com and mobile.twitter.com. When you expand Tweets containing links to partner websites, you can now see content previews, view images, play videos and more.

Jon Russell / The Next Web:

Google, Twitter and Facebook rally to fight “bad ads”, malware and online trust issues — Google, Twitter and Facebook are among the Internet industry giants that are giving their names and efforts to a non-profit campaign aimed at taking action against bad ads, malware and other schemes that abuse trust online.

More: Betabeat, Inquirer, The Official Google Blog, The Verge, Marketing Land, The New Persuaders, CNET, Business Wire, memeburn and VR-Zone

Ryan Naraine / ZDNet:

‘State-sponsored attackers’ using IE zero-day to hijack GMail accounts — Summary: Microsoft's advisory speaks of “active attacks” and follows a separate note from Google that references the IE flaw “being actively exploited in the wild for targeted attacks.”

More: Blog Central, Ars Technica, Softpedia News, TechNet Blogs, Ubergizmo, CNET, internetnews.com, The Verge, Neowin and MSDN Blogs

Derrick Harris / GigaOM:

How Facebook keeps 100 petabytes of Hadoop data online — It's no secret that Facebook stores a lot of data — 100 petabytes, in fact — in Hadoop, but how it keeps that data available whenever it needs it isn't necessarily common knowledge. Today at the Hadoop Summit, however …

More: Facebook, Computerworld and ZDNet

Tom Simonite / Technology Review:

What Facebook Knows — The company's social scientists are hunting for insights about human behavior. What they find could give Facebook new ways to cash in on our data—and remake our view of society. — Cameron Marlow calls himself Facebook's “in-house sociologist.”

More: Gizmodo and AllFacebook

Ingrid Lunden / TechCrunch:

Twitter Turns Its Tweet Firehose On For Saleforce's Radian6 In New Enterprise Deal — As enterprise companies like Salesforce and Oracle continue to sharpen their social media services for enterprises, Twitter is locking arms with one of them in a strategic alliance.

More: The Register and AllThingsD

AppleInsider:

‘jOBS’ actors seen on set at Steve Jobs' old Los Altos home — New photos show that the upcoming jOBS biopic is well underway with actors already populating their roles on-set at Steve Jobs' old Los Altos home where the first Apple computer was built. A bearded Ashton Kutcher …

More: Cult of Mac, CNET and Gizmodo

Wall Street Journal:

Turf War Erupts in Red-Hot Mobile Videogames — Japan's Little Known Gree and DeNA Go After Zynga in the U.S.; Converting Players to Buyers — A turf war is breaking out in the videogame industry and, for once, it has nothing to do with Nintendo, Microsoft and Sony.

More: AllThingsD

Ross Miller / The Verge:

MacBook Pro with Retina display review — Apple's new flagship is powerful, thin, and has an industry-leading high-res screen — does it live up to great expectations? Though Apple quietly discontinued the 17-inch MacBook Pro this week, hardly a tear was shed.

More: VentureBeat

Austin Carr / Fast Company:

Apple's Siri Buttons On Mercedes, BMW, Jaguar Steering Wheels? Automakers Think Different — Siri is coming to Mercedes, GM, BMW, Jaguar, and others, but the connectivity the auto brands describe is a far cry from an iCar. — We know Steve Jobs dreamt of designing an iCar …

More: Gotta Be Mobile, iPhone in Canada Blog and Business Insider

Amir Efrati / Wall Street Journal:

Ad-Tech Companies Seize Rivals As Winners and Losers Emerge — The advertising-technology field is shaking out, as failed start-ups merge with more-successful peers, nonadvertising companies snap up industry players, and venture capitalists show less interest in new investments.

Jon Russell / The Next Web:

Users of soon-to-close Picplz can now download all their photos in bulk before September 3 — Users of soon-to-close Picplz will be spared the inconvenience of downloading each of their photos individually, after the soon to close app revealed it has built a dedicated archive to allow each user …

More: Blog Plz

Florian Mueller / FOSS Patents:

HTC withdraws Federal Circuit appeal against ITC dismissal of complaint against Apple — Four months ago, the ITC dismissed a complaint HTC had brought against Apple in May 2010. The original complaint related to five patents. HTC withdrew one, and the ITC did not hold Apple to infringe …

More: AllThingsD, China Post Online, BBC, Android Phone Fans, MacNN and Engadget

Zachary Lutz / Engadget:

Microsoft details the People app, its cloud-connected address book for Windows 8 — If you've yet to try the Release Preview of Windows 8 for yourself, fear not, because along with our detailed impressions, Microsoft is catering to your trepidation with a series of blog entries on its MSDN site …

More: LiveSide.net, Gizmodo, The Verge, MSDN Blogs, PhoneArena, SlashGear, WebProNews and Neowin

Josh Constine / TechCrunch:

Facebook Exchange: A New Way For Advertisers To Target Specific Users With Real-Time Bid Ads — Facebook is testing and will soon launch Facebook Exchange, a real-time bidding ad system where visitors to third-party websites are marked with a cookie, and can then be shown real-time bid ads related …

More: Fast Company, Mashable!, Bloomberg, CNET, The New Persuaders, Business Insider, The Verge, Bits, AllThingsD, GigaOM and Inside Facebook. Tweets: @erickschonfeld. Thanks:@joshconstine

Andrew Conway / Cloudmark Blog:

The Social Network That Cried “Wolf!” — If you're reading this blog, then you're probably aware that last week 6.5 million Linkedin passwords were compromised. On Friday the Cloudmark Research team saw a huge increase in user spam reports relating to resetting Linkedin passwords.

More: Bloomberg Tech Blog, LinkedIn Press Center, PC World, SC Magazine and Betabeat

Peter Kafka / AllThingsD:

Apple, Time Inc. Solve Their Subscription Squabble — Apple and Time Inc. have settled their differences: The giant publisher is now selling subscriptions to its iPad magazines directly from the apps themselves. — If that seems like non-news, consider that it took the two companies two years to figure this out.

More: New York Times, AppleInsider and CNET

Neil Hughes / AppleInsider:

Apple hands off transit directions to third-party apps in iOS 6 Maps — Rather than include transit and walking directions natively in the new Maps application in iOS 6, Apple will instead highlight third-party options available on the iOS App Store. — The ability of third-party developers …

More: Waxy.org, PhoneArena, Grist, iDownloadBlog.com and Gizmodo

Kimber Streams / The Verge:

Disney launches streaming apps for the iPhone and iPad, Comcast gets them first — Disney is launching three apps for the iPhone and iPad that give users to access programming previously only available on cable: Watch Disney Channel, Watch Disney XD, and Watch Disney Junior.

More: AllThingsD and 9to5Mac

Peter Cohen / The Loop:

Why Game Center for Mountain Lion is a big deal — Why Game Center for Mountain Lion is a big deal — Game Center is coming to Mountain Lion when it debuts next month (you can get a bit more info on Apple's “What's New” Web page). This is a really big deal for gamers …

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