nokia

Microkia

> Microsoft Corp. was recently in advanced discussions with Nokia Corp. about a purchase of the Finnish company’s device business, according to people familiar with the matter, in a marriage that could have reshaped the mobile-phone industry.

> The talks have faltered, they said. One person said talks took place as recently as this month but aren’t likely to be revived.

> The two sides made significant progress on a plan that would stitch the U.S. software giant with a mobile-phone pioneer. Both companies have struggled of late, as each has tried to adapt to a world in which consumers prefer smartphones built by Apple Inc. and Samsung Electronics Co.

I doubt this merger would have any significant impact on Apple or Samsung. It may help Nokia and Microsoft shake things up, but there’s already a lot at stake in the mobile market, so if they aren’t working closely already there’s little chance they ever will.

Nokia CEO takes 45% cut in pay package

> Elop, hired in 2010 from Microsoft Corp to turn around the Finnish mobile phone maker, earned 4.33 million euros ($5.63 million) in 2012, down from 7.94 million euros in 2011.

> While his base salary rose by 59,500 euros to 1.08 million euros, his stock and option awards fell slightly and he earned no bonus, according to the Thursday filing with the U.S. Securities and Exchange Commission.

I felt bad for him until I saw the numbers. How much money do you deserve for running a company into the ground?

Living with Lumia

Christina Warren locked her iPhone away and is only using the Nokia Lumia 920 for the next 10 days. Good luck.