Nokia

Nokia has acquired another small social networking firm, this time spending an undisclosed amount on US-based Plum Ventures.

Nokia's acquisition spree shows no sign of slowing down following news that its digital maps business Navteq has acquired location-based mobile advertising firm Acuity Mobile for an undisclosed sum.

The world's top mobile browser maker, Norway's Opera Software, today released a test version of its mobile browser, Mini 5, promising new features, easier usage and new design, reports Reuters.

The Western European mobile devices market recorded another quarter of annual decline in 2Q09 despite a significant rise in smartphone sales, according to a new IDC study.

Nokia this morning announced a management shakeup just a day after reporting its first quarterly loss for more than a decade. The world's largest handset vendor said that Rick Simonson (pictured) - currently CFO - will become head of its low-end mobile phone unit in the devices division.

Nokia, the world's largest handset vendor, this morning reported a third-quarter net loss of EUR913 million (compared with a profit of EUR1.1 billion in the year-ago period) as it booked impairment charges on goodwill of EUR908 million for Nokia Siemens Networks (NSN). Net sales for the July to September period fell 20 percent year-on-year to EUR9.8 billion.

Nokia's high-profile 'Booklet 3G' - its first foray into the netbook space - will be launched in Germany and the US in the next few weeks. O2 will offer the device in Germany for EUR249 (US$371) with an additional monthly charge of EUR20 over 24 months. There will also be an optional flat-rate data tariff which will cost EUR25 per month.