Feeds

Nokia! won't! buy! Yahoo!

Doesn't need the aggro

  • alert
  • submit to reddit

The Power of One Infographic

Nokia has enough on its hands without acquiring a basket-case internet company. CEO Olli-Pekka Kallasvuo ruled out a purchase of Yahoo! here in Barcelona today, saying Nokia can do just as badly in web services on its own, with its Ovi strategy. Of course, he didn't quite put it like that.

"We have not articulated a number as of yet," he said when asked how he expected Ovi to perform financially. "I think we can redefine the internet without taking a step like you are pointing out," Kallasvuo said with a (rare) chuckle, in response to a question.

But the company did reveal Phormidable ambitions.

Anssi Vanjoki, executive VP of markets for Nokia said that the company already had the biggest database of consumer behaviour in the world.

"In a real-time fashion we can forecast what is going on ... and project that into our service creation. It's tempting to make a business out of that as well".

"The key here is that everything happens under the control of the consumer", he added.

Tread carefully, we would advise. ®

The Power of One Infographic

More from The Register

next story
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Major problems beset UK ISP filth filters: But it's OK, nobody uses them
It's almost as though pr0n was actually rather popular
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
All those new '5G standards'? Here's the science they rely on
Radio professor tells us how wireless will get faster in the real world
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.