Ina Fried
Senior Editor, Mobile
Latest articles by Ina Fried
The maker of digital scales and fitness trackers will form the basis of a new Nokia digital health business.
The buyer is Capella Education, the parent company of Capella University.
Microsoft has pulled out of two groups seeking antitrust action over search, but the software maker says it isn’t taking a position for or against the current actions by the EU.
The company said its commercial cloud, by contrast, is growing and is now at a $10 billion annual run rate.
The company’s first-quarter earnings largely matched expectations as it adds 640,000 wireless customers.
Several executives will leave the company, including its head of sales and chief information officer.
Samsung has already won business from Apple and Qualcomm thanks to a manufacturing advantage over rivals.
However its earnings forecast for the current quarter was slightly below some analysts’ expectations.
Some 17,000 jobs were cut in the first quarter alone.
CFO Stacy Smith is also shifting to a new role at the company.