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Nokia billboard in Berlin

Most of the affected Nokians are based in Finland, although the company is being vague about the precise proportion. The majority of the posts are being outsourced, but 300 jobs are being cut outright. Read more »

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Backed by Skype co-founder Janus Friis, Futureful is a content discovery tool that’s not dissimilar to StumbleUpon, only more heavily based on semantic tagging and machine learning. It’s due to launch in the U.S. in January. Read more »

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lumia-920-wireless-charging

Nokia sold a quarter fewer of its flagship smartphones last quarter, as retailers and carriers shied away from Lumia’s current generation, leaving Nokia with €120 million in spare parts. Shifting to new Lumias with the Windows Phone 8 software has hurt any momentum Nokia had. Read more »

layoffs firing cost cutting

TeliaSonera’s revenues and subscriber base aren’t budging, but the Nordic carrier claims its costs are skyrocketing. In an effort to realign its business with new mobile data realities, the carrier said it will lay off 7 percent of its workforce over two years. Read more »

jussihurmola-jolla

Jolla, the mobile startup staffed by former Nokia executives who want to keep the company’s MeeGo software alive, says it will use existing technology to bring in apps from other platforms — including Android. Will it be enough to boost the plucky company’s fortunes? Read more »

Jacob de Geer, CEO of iZettle

Europe’s equivalent of Square has been going gangbusters in recent months, but after falling foul of Visa Europe, the company can no longer accept Visa cards in Denmark, Norway and Finland. What nobody is prepared to say is precisely why it’s happening now. Read more »

Sound of Music + Nokia: How do you solve a problem like Nokia?

With billions in losses coming each quarter, it feels as if Nokia’s living on borrowed time. While many people expect Microsoft to step in and purchase the struggling Finnish handset giant, that may be unlikely. So here are five ways it might turn things around. Read more »

Nokia Lumia black and blue nokia reading

It may be the height of summer in Finland, but the view from Nokia chief Stephen Elop’s office window must look pretty dismal right now. Things just keep getting worse for the beleaguered handset maker, which has just announced that it lost $1 billion over the […] Read more »

fruugo closed

As e-commerce startup Fruugo closes its Helsinki office, its CEO takes a moment to attack the “deliberate negativity” from Finland’s press and entrepreneurs. But with $48m burned and no revenues, perhaps Fruugo should stop laying the blame elsewhere. Read more »

Nokia old GSM phone

Usually wireless equipment makers like to talk about networks they’re building, but at CTIA Wireless week Nokia Siemens Networks is talking about shutting them down. NSN is showing off a technology at the show that will help operators repurpose their old 2G spectrum for mobile broadband. Read more »

European Union

Europe’s buzzing this week, with a range of events that give everyone plenty to sink their teeth into. Here’s our pick of three that you may find interesting or useful. Read more »

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