Feeds

Dissenting Nokia shareholders stop throwing toys from pram

Elopocalypse: Day Five

Beginner's guide to SSL certificates

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. ®

Internet Security Threat Report 2014

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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?
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.