Feeds

Nokia! won't! buy! Yahoo!

Doesn't need the aggro

  • alert
  • submit to reddit

High performance access to file storage

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. ®

SANS - Survey on application security programs

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.