Stephen Elop
Today in Tech: Why Microsoft should develop a Surface phone
October 19, 2012: 6:30 AM ETAlso: Google's stock takes the plunge; Gilt puts Jetsetter up for sale.
Google's stock falls 8% after grim earnings come out early [CNNMONEY]
The company missed analysts' estimates on both sales and profit. Google shares slumped on the news before being halted for about 3 hours. The stock resumed about 40 minutes before the end of the trading day and closed down 8%.
Elop: a Surface phone would stimulate the Windows Phone ecosystem [THE VERGE]
Nokia CEO Stephen Elop has previously said he has "no indications" that Microsoft might be planning to launch its own Surface phone, but in an investor call today he appeared to welcome it. "It's certainly a stimulant to the ecosystem," says Elop, in response to questions on whether a potential Surface phone would be welcomed or seen as a competitor.
Fashion site Gilt puts Jetsetter up for sale [THE WALL STREET JOURNAL]
The Internet-based fashion company has been pitching Jetsetter to other online travel companies, private equity firms and other players in the past several weeks, people familiar with the matter said. Gilt had been seeking around $100 million for the unit, but so far there hasn't been much interest, some of the people said.
Gilt's move to sell the unit underscores how the New York based company has struggled at times to expand beyond its core business of holding time-limited online "flash sales" of women's fashions. It is under pressure to increase its revenue and expand into new markets, having raised another $138 million last year from a group of venture capitalists, a deal that valued the small retailer at $1 billion.
What's really going on with color is a small Apple talent acquisition [ALLTHINGSD]
Sources said that the Color engineering team is likely to work on cloud technology at Apple. They're obviously not going to be working on live video apps for Android. As for Nguyen, it's not clear what's next.
Megaupload is dead. Long live Mega! [WIRED]
Instead the co-defendants plan to introduce a much-anticipated new technology later this year that will allow users to once again upload, store, and share large data files, albeit by different rules. They revealed details of the new service exclusively to Wired.
They call it Mega and describe it as a unique tool that will solve the liability problems faced by cloud storage services, enhance the privacy rights of internet users, and provide themselves with a simple new business. Meanwhile, critics fear that Mega is simply a revamped version of Megaupload, cleverly designed to skirt the old business's legal issues without addressing the concerns of Internet piracy.
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Can the Lumia smartphone save Nokia?
The backstory of the struggling cellphone maker's newest devices - and the unlikely executive leading the charge.
FORTUNE -- Since Stephen Elop became CEO of Nokia in 2010 he has made a series of bold moves, from releasing a rally-the-troops memo comparing the flailing mobile-phone maker to a man on a burning platform to hitching the company's future to Microsoft's Windows operating system. His other daring deed? Assigning the crucial task MORE
Michal Lev-Ram, writer - Sep 5, 2012 10:35 AM ET -
Today in Tech: Netflix's comeback strategy
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
* Netflix (NFLX) CEO Reed Hastings published a letter to shareholders earlier this week that (vaguely) explains how his company plans to rally after months of strategic missteps. "We don't have to 'beat' Starz or other networks to succeed," he wrote. "We won't have every movie or TV series; but we MORE
JP Mangalindan, Writer - Oct 26, 2011 3:30 AM ETPosted in: Amazon, Jeff Bezos, MC Hammer, Netflix, Nokia, Reed Hastings, Stephen Elop, Steve Jobs, Walter Isaacson -
Nokia patent settlement a 'sweet defeat' for Apple
Having overpowered the iPhone's design patents, Nokia likely now to go after Android
The settlement of its epic 20-month patent dispute with Apple (AAPL) that Nokia (NOK) announced early Tuesday could spell trouble for the makers of Android phones.
There's no question Apple lost the legal battle that pitted its significant intellectual property holdings against Nokia's even deeper patent portfolio. The terms of the settlement were not disclosed, but they require MORE
Philip Elmer-DeWitt - Jun 14, 2011 5:56 AM ETPosted in: Android, Apple, Florian Müller, Florian Mueller, FOSS Patents, Google, iPhone, Motorola, Nokia, Patent, Patent portfolio, Smartphones, Stephen Elop -
Today in Tech: Apple backpedals on in-app subscription rules
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"Apple created Android, or at least it created the conditions necessary to create Android. People decided they could not play in the Apple way, and they had to do something else. Then Google stepped in there and created Android… and others jumped on the Android train." -- Nokia MORE
JP Mangalindan, Writer - Jun 9, 2011 10:29 AM ETPosted in: Android, Apple, appstore, Business Insider, Google, iPad, MacRumors, mocoNews.net, Stephen Elop, Subscription business model, TechCrunch -
Stephen Elop's mission impossible
Stephen Elop is sure he can turn Nokia around, but if succeeds it will be an entirely different Nokia.
FORTUNE -- Nokia chief executive officer Stephen Elop is a man on a mission. Despite the Finnish phonemaker's rough week (it issued a profit warning on Tuesday, which sent shares tumbling), the newish CEO recently made the rounds at a couple of confabs in Southern California to pitch his turnaround plan for MORE
Michal Lev-Ram, writer - Jun 2, 2011 6:47 PM ETPosted in: Android, Apple, Google, Intel Corporation, iPhone, Microsoft, Nokia, Stephen Elop, Windows Phone 7 -
Today in Tech: Windows 8 teaser
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
* Microsoft teased Windows 8 yesterday at All Things D's D9 conference, unveiling a versatile user interface heavily inspired by its Windows Phone 7 platform. While users will be able to access the classic Windows desktop experience they'll also experience the Start screen above, which presents users' apps MORE
JP Mangalindan, Writer - Jun 2, 2011 10:24 AM ET -
Mobile OSs: And then there were 10
Who remembers Maemo, imode, MeeGo or, for that matter, Windows Mobile?
To counter Stephen Elop's remark that by joining forces, Nokia (NOK) and Microsoft (MSFT) were going to make it a "three horse race" -- implying that Apple's (AAPL) iOS and Google's (GOOG) Android were the only other viable mobile ecosystems in the running -- Asymco's Horace Dediu did some digging and produced the chart at right.
It shows the lifespan of MORE
Philip Elmer-DeWitt - Feb 19, 2011 5:26 PM ETPosted in: Apple, Asymco, Google, Horace Dediu, iOS, Maemo, MeeGo, Microsoft, Mobile, Mobile World Congress, Nokia, Stephen Elop, Symbian -
Today in Tech: Nokia-Microsoft phone photos, cheaper iPhone coming
A curated selection of the weekend's most newsworthy tech stories from all over the Web.
Nokia CEO Stephen Elop revealed over the weekend that Microsoft outbid Google and will pay Nokia "billions" for the right to have its recently-introduced Windows Phone 7 operating system run on the handset maker's devices. Elop also hinted the first Windows Phone 7 are likely to come out this year instead of next. (Computerworld)
JP Mangalindan, Writer - Feb 14, 2011 6:00 AM ET
CityVille-maker Zynga is in talks with MORE -
Microsoft's 8 other mobile partners
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 MORE
Philip Elmer-DeWitt - Feb 11, 2011 10:54 AM ET
