Embarrassment for Nokia, Microsoft

 
 

No doubt some honchos at Microsoft are a little steamed right now. Nokia has apologized for misleading the media this week when it introduced its new Lumia 920 Windows Phone and showed video that was purportedly shot using the phone's new image stabilization technology. Turns out the video was a "simulation" of the PureView imaging capabilities, shot with a regular camera, not a smartphone. Nokia's top executives reportedly were not aware of the deception, and CEO Stephen Elop has asked the company's ethics officer to investigate, according to The New York Times. Elop, a former Microsoft executive, joined Nokia in 2011 shortly after the company announced its smartphones would use Microsoft's Windows operating system. Not sure which is more embarrassing: the actual deception, or the brass claiming no knowledge of it.

Microsoft Buying LinkedIn for $26.2 billion

Microsoft Buying LinkedIn for $26.2 billion

Nadella calls it a marriage of 'leading professional cloud' and 'leading professional network.'
 
 

Microsoft on Monday announced that it is buying LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. Microsoft says LinkedIn "will retain its distinct brand, culture and independence." Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. The transaction is expected to close this calendar year. 

Here is Microsoft's announcment of the agreement, and here is Nadella's email to Microsoft employees, in which he describers the acquisition as bringing together "the world’s leading professional cloud with the world’s leading professional network."