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Nokia

Apple paid Nokia $2 billion as part of a patent lawsuit settlement

By | Apple, Gadgets, Mobile, Nokia, patent, TC | No Comments

 After a quick fight, Apple and Nokia settled a patent lawsuit back in May. But the two companies didn’t comment on the value of this settlement. While terms of the deal are still undisclosed, Nokiamob first spotted that Nokia announced that it has received a $2 billion upfront cash payment from Apple (€1.7 billion). This seems like quite a lot of money, but Nokia won’t get $2… Read More

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Vertu is dead

By | digital media, electronics, Gadgets, iOS, iPhone, luxury brands, mobile phone, Nokia, TC, Technology, Vertu | No Comments

 It’s been a long, downward slide for cellphone maker Vertu. The company, founded by Nokia in 1998, was supposed to be a luxury phone provider to the stars and, to a degree, it delivered. They sold the $11,000 phones like expensive watches in boutique stores in tony neighborhoods. Vertu, with its precious metals and fine, hand-cut leather was supposed to maintain its luxury lead for… Read More

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