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+ - Microsoft to Buy Nokia's Devices Unit for $7.2 Billion->

Submitted by alexander_686
alexander_686 (957440) writes "On the heels of CEO Steve Ballmer announcing his resignation, it looks like Microsoft is going to be buying Nokia’s handset unit. Nokia is currently a big cheerleader for the Window’s 8 phone. Stephen Elop was a Microsoft employee, then Nokia’s CEO, and is now stepping down. He will be the head of the handset division after the sale is finial. Elop is the current front runner to replace Ballmer when he steps down in a year."
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Microsoft

+ - Microsoft may invest $1B-$3B in Dell buyout->

Submitted by alexander_686
alexander_686 (957440) writes "We have talked about Michele Dell In Buyout Talks With Private-Equity Firms

Now the Talk is that Microsoft may invest 1 to 3 billion. I personally doubt Microsoft is going for majority ownership but it would be a significant stake. Dell is worth around 22b to 25b. Speculation is that investors would put up 5 to 7b in equity, borrowing the rest. You can do the math to determine the ownership percentage. As a point of reference, Michele Dell’s stock is worth 3.6b

We know about Microsoft’s relationship with Nokia – both in terms of ownership, swap of key personal, and the Window’s phone. Is this a repeat?"

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Wireless Networking

+ - AT&T- Verizon collude to offer poor service-> 1

Submitted by
alexander_686
alexander_686 writes "I recently found a very good about article How AT&T and Verizon Manipulate Your Smartphone by Susan Crawford. It’s the 2nd excerpt from her book “Captive Audience.”

The two kinds of Internet-access carriers, wired and wireless, have found they can operate without competing with each other. The cable industry and AT&T- Verizon have divided up the world much as Comcast and Time Warner did; only instead of, “You take Philadelphia, I’ll take Minneapolis,” it’s, “You take wired, I’ll take wireless.”

I am a free market type of guy. I do recognize the abuse that can come from natural monopolies that utilities tend to have, but I have never considered this type of collusion before."
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Facebook

+ - SEC investigates Netflix CEO Reed Hastings over Facebook Posting->

Submitted by alexander_686
alexander_686 (957440) writes "SEC investigates Netflix CEO Reed Hastings on Facebook Posting

Hastings said in the filing the SEC is questioning his July 1 Facebook posting, seen by 200,000 followers, in which he said customers watched “over 1 billion hours” of videos on Netflix in June. He had previously posted on his company blog that members were viewing “nearly a billion hours per month.”

Rarely, outside of Carl Sagan, have I heard people saying that one billion not significant."

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Education

+ - Harvard and MIT to provided online classes->

Submitted by
alexander_686
alexander_686 writes "Harvard and MIT are launching edX with 60 million dollars to offer “low fee” online classes. No word yet on classes offered or who will be teaching. No college credit but certificates will be offered.

The technology used will be open source. Other institutions will be invited at a later date.

I hope low cost means low cost. (Under $25) I have really enjoyed the Stanford University free online classes."

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