Nokia's debt downgraded to junk status

From CNET News.com: Just when you thought it couldn't get worse for Nokia, Moody's steps in with a downgrade of its debt rating.

Moody's lowered its rating to junk status, citing earnings pressure and cash burn that is larger than the firm previously expected. The move comes after...

Report: Microsoft to Buy Yammer for $1.2 Billion

From DailyTech: Microsoft is looking to scoop up business software company Yammer Inc. for $1.2 billion in an effort to add a little something extra to its Microsoft Office software.

Yammer is a social network intended for businesses. It was released in September 2008 and offers...

Sony's Xperia Ion landing on AT&T June 24

From CNET News.com: AT&T officially confirmed the pricing of its new Xperia Ion smartphone. The manufacturer's first 4G LTE handset, the device will cost $99.99 and ship to stores beginning June 24.

Since the Android-powered Xperia Ion won't run Ice Cream Sandwich but Android 2.3...

AMD Pairs With ARM to up Security, Heterogeneous Computing

From DailyTech: At its yearly analyst meeting earlier this year, Advanced Micro Devices, Inc. (AMD) surprisingly suggested that it might be open to exploring licensed and modified ARM Holdings plc (LON:ARM) intellectual property (IP) cores as an alternative to x86, or to explore...

First Batch of Via Technologies' $49 Android PC Sells Out

From X-bit Labs: Via Technologies, a designer of low-power and low-cost computing platforms, started to accept pre-orders onto its Android PC (APC) platform for $49 on Sunday and managed to sell the first batch of mainboards within several hours. Apparently, the demand towards the...

Sony Proposes Free PlayStation 3, Vita Game Consoles to Students

From X-bit Labs: Sony Corp. has started a campaign during which students who buy Sony Vaio personal computers can get a free PlayStation video game console, a $200 discount on PlayStation-branded hardware or software, or save 8% on the PC itself. The campaign is aimed at...

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