Bloomberg reports that Microsoft is paying Nokia $1 billion to develop Windows Phone handsets. Nokia will pay Microsoft royalties for each phone using Windows and allows both companies to lower costs. Will the boost to Windows’ platform be worth $1 billion in the long run? We’ll see. Read the full article at CNet.com
Microsoft Spends $1 Billion on Nokia Deal
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).