No longer will the onetime Nokia hardware business be "an end unto itself," says Microsoft's devices chief. One good example: Nokia X shifts from Android to Windows Phone.
Microsoft will pay approximately 70 percent of that sum and Nokia will pay the remaining amount.
In a memo to the entire company, the former head of Nokia says that Lumia will be the standard-bearer for Windows Phone and that Nokia X will switch to Lumia and Windows Phone.
Former Nokia CEO Stephen Elop, now head of Microsoft's devices group, shares his thoughts on the future of smartphones and the promise of a transcendent "colorful personality."
As Nokia's phone business is officially absorbed by Microsoft, Nokia boss Stephen Elop is taking to the Internet for an "ask me anything" session.
Rewarding Nokia boss Stephen Elop with a staggering fat cat bonus is "outrageous," according to the Finnish government.
The lads at Ladbrokes have announced the odds for who might be the new Microsoft CEO. Nokia's CEO is favorite. Facebook's Sheryl Sandberg is 40-1.
The Nokia boss will take charge of Microsoft's games and hardware, including Xbox, and the soon-to-be-acquired Nokia mobile division.
Elop's return will see him take over Devices and Studios from Julie Larson-Green who will head to Applications and Services.
Julie Larson-Green to become leader of My Life & Work team, which is part of the company's Applications and Services Group.