By creating an alliance that will take a year to materialize, Microsoft is alienating its other mobile partners and ceding the lower and mid-range smartphone market to Google.
Everybody saw it coming but the Microsoft-Nokia announcement is still shaking the market today. Nokia's(NOK) shares have just fallen off a cliff (right) losing 12% of their value ($5B) on the news. Microsoft (MSFT) shares are faring better but its current smartphone partners (LG, Samsung, MORESeth Weintraub - Feb 11, 2011 11:19 AM ET
The deal it announced with Nokia is hardly its first. Here's how the others turned out.
Early Friday morning, Microsoft (MSFT) and Nokia (NOK) announced a strategic partnership to answer the challenge posed by Apple (AAPL) and Google's (GOOG) smartphone platforms.
Tech watchers with long memories -- like Asymco's Horace Dediu -- will recall that this is not the first time Microsoft has found a partner willing to help it try to MOREPhilip Elmer-DeWitt - Feb 11, 2011 10:54 AM ET
Nokia could've picked the fast-growing Android and been a star in the Google-verse. So why is it going with the riskier Microsoft Phone OS?
It's official – Nokia and Microsoft have teamed up to take on rivals Apple and Google. The two companies announced their partnership Friday morning, just hours before a strategy and finance briefing hosted by Nokia (NOK) in London. As expected, the Finnish phonemaker also unveiled other strategic MOREMichal Lev-Ram, writer - Feb 11, 2011 10:09 AM ET
The home décor site has a strong pedigree (backing from Kleiner Perkins and a founder named Pincus). Can it become the Groupon of throw pillows and footstools?
Online retail is hot again, thanks to the growing popularity of "deal-a-day" and private sale sites. The latest obsession of tech investors? Home décor site One Kings Lane, which will announce today that it has raised a $23 million second round of funding from MOREJessica Shambora, Writer-Reporter - Feb 11, 2011 9:00 AM ET
Has Apple built a smaller, cheaper smartphone that is carrier independent?
Peter Burrows, a tech writer who knows his stuff, reports in Bloomberg Businessweek that Apple (AAPL) is putting the finishing touches on two key technologies:
An iPhone one-third smaller than today's model that could be sold for about $200 without a contract
New software built around a dual-mode chipset and a universal SIM that would allow users to change carriers on the MORE
A curated selection of the day's most newsworthy tech stories from all over the Web.Remember when Facebook updated your Profile page back in December? Well, looks like the rest of the social network is catching up. The site released a similar design for fan or group pages like Fortune's -- which, by the way, you should "Like" if you haven't already -- that incorporates many of the same changes with MORE JP Mangalindan, Writer - Feb 11, 2011 6:00 AM ET
...at least until Google signs on to Facebook's terms.
Facebook developers often use advertising to monetize their applications and until recently, Facebook has been pretty hands off on what ad companies developers can use. However, that is all about to change. Facebook is now requiring ad services to agree to certain restrictions on advertising, which include a commitment to never utilize Facebook user data, reports Network Effect.
There is at least one major network MORESeth Weintraub - Feb 11, 2011 1:37 AM ET
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