Even though smartphone shipments are expected to be up this year, research firm TrendForce says the future doesn't look good: vendors will face "serious challenges" as demand plateaus.
The acquisition would represent further investment by Microsoft in the cloud as it looks to make good on Satya Nadella's promise of being a "mobile-first, cloud-first" company.
The company's announcement follows a report from research firm TrendForce revealing that Huawei is now China's top smartphone brand.
The company says it will create a "brand-licensing model" that could see Nokia devices again hit store shelves -- if it can find the right partner.
The latest build addresses a number of bugs and updates over the air.
The layoffs will mostly hit employees in the former Nokia smartphone business. CEO Satya Nadella says Microsoft remains committed to phones but needs a dose of "reinvention."
A fresh round of layoffs stings, but the company still plans to sell smartphones -- just not as many, or as widely as it used to.
Originally priced at $20, Cree's newly improved BR30-shaped bulb now costs just $10.
The browser's update adds a refined menu, a private-browsing mode, and a scalable interface that allows for support on tablets and smartphones.
Backed by 7.6 million followers on YouTube, the beauty guru's empire is so diverse even people least likely to watch her Barbie makeup transformation know her name. The online star still has a few secrets.