New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Espoo, Finland –Nokia shareholders approved the sale of almost all of Nokia's devices and services business to Microsoft.
More than 99 percent of shareholders voted for the deal, which is valued at almost $7.2 billion. The deal was announced in September and is expected to close in the first quarter of 2014 subject to regulatory approvals.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
AdWeek magazine and APCO Worldwide have released the results of their Most Loved Brands In The World survey, and a number of CE suppliers and CE retailers made the list, based on responses from 70,000 consumers in 15 major international markets.
The survey measured eight emotional feelings consumers have toward brands: understanding, approachability, relevance, admiration, curiosity, identification, empowerment and pride. Nancy Bachrach, an APCO senior advisor, said the survey is designed for marketers, who "need to know which emotions affect sales."
New York – Microsoft plans Oct. 22 U.S. availability of upgraded Surface tablets that feature the new Windows RT 8.1 and Windows 8.1 Pro operating systems, faster CPUs, longer battery lives and a two-position kickstand.
Microsoft is also expanding its selection of Surface Pro models to four from two with two models offering the same amount of RAM (4GB) and embedded memory (64GB and 128GB) as the original two Surface Pro models and two other new models offering 8GB RAM with embedded memory of 256GB and 512GB.
Since the news broke last night that Microsoft is going to buy Nokia’s cellular-handset business and license its patents for $7.16 billion everyone is awash with in theories as to what it means.
Redmond, Wash. — Microsoft will purchase substantially all of Nokia’s cellular-handset business and license its patents for 5.44 billion euros ($7.16 billion) in cash.
The deal will “accelerate the growth of its share and profit in mobile devices through faster innovation, increased synergies, and unified branding and marketing,” Microsoft CEO Steve Ballmer announced last night.
Santa Ana, Calif. — Global IT distributor Ingram Micro has received an operational excellence award from Microsoft.
The Transaction-Level Operational Excellence Award recognizes Ingram Micro’s U.S. Microsoft business unit for meeting or exceeding specific requirements for the number of valid agreements in a variety of categories, and for the number of on-time and valid order submissions and revenue reconciliation.
Redmond, Wash. – Microsoft CEO Steve Ballmer today announced that he would step down within the next 12 months.
Ballmer, who took over as CEO for Microsoft founder Bill Gates in 2000, did not give an exact reason for his decision.
“There is never a perfect time for this type of transition, but now is the right time,” Ballmer said.
Microsoft’s board of directors has appointed a committee to find a replacement; Gates will participate in the search, the company said.
Brooklyn, N.Y. — 3D printer manufacturer MakerBot is expanding its retail presence this summer.
The company’s MakerBot Replicator 2 Desktop 3D printers will begin appearing in select Microsoft Stores nationwide. Previously, the units had been only shown in three West Coast Microsoft outlets.
The display, dubbed the MakerBot Experience, features a hands-on demonstration with a printer and the PLA filament used to make, or print, the final product.
Redmond, Wash. – Microsoft reported higher revenue and net income for its fiscal fourth quarter and fiscal year ended June 30.
Revenue for the quarter was $19.9 billion, up from the prior year’s $18.1 billion. Fiscal year revenue was $77.8 billion compared with the prior year’s $73.7 billion.
Net income for the quarter was $4.98 billion, reversing the prior year’s loss of $492 million. Net income for the year was $21.8 billion, up from the prior year’s $16.9 billion