Feeds

Dissenting Nokia shareholders stop throwing toys from pram

Elopocalypse: Day Five

Remote control for virtualized desktops

The anonymous Nokia investors who boldly launched a "Plan B" for the company are giving up after just 48 hours.

The group called for the dismissal of CEO Stephen Elop and outlined an alternative strategy based on high-margin, Nokia-developed platforms. But despite gathering thousands of supportive Tweets (1,585) and Facebook "likes" (4,848), they say they realise that institutional investors aren't going to change course.

Well, duh.

It's the institutional investors who demanded radical change at Nokia, and now they've got it. They can weather a few Tweets.

The Plan Bees also noticed, belatedly, that by the time the Nokia AGM – the traditional stage for futile token gestures shareholder activism – rolls round on 3 May, most of the engineers capable of carrying out their programme will have left.

"We also realised that by the time our Plan B would kick in, most remaining software talent in Nokia would have already left the company, so it would be really an uphill battle to pick up things from there," they note. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?