Microsoft Flushes $7.2B Down the Toilet

By on    Digital Media, Microsoft  

When two smartphone failures join hands, the end result can only be a mega-dud. Microsoft is shelling out $7.2 billion in cash to buy Nokia’s mobile phone devices, license some patents and get access to Nokia’s mapping services. The deal will swell Microsoft’s headcount from 99,139 (on June 30, 2013) to 131,199. Nokia Lumia Smartphone […]

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