Stephen Elop

  • Microsoft CEO Satya Nadella reshuffles senior ranks 01-04-2014 11:14 AM

    San Francisco: Microsoft Corp named three executives to its cloud, devices and Xbox gaming divisions in one of new Chief Executive Satya Nadella's first management shakeups. In a public email, the world's largest software maker promoted Scott Guthrie to head of the cloud and enterprise group, the $20 billion division...
  • Microsoft shorlists names for CEO; list includes Satya Nadella 06-11-2013 02:27 PM

    New York: Microsoft Corp has narrowed its list of external candidates to replace Chief Executive Steve Ballmer to about five people, including Ford Motor Co's current chief Alan Mulally and former Nokia CEO Stephen Elop, according to sources familiar with the matter. The world's largest software maker also has at...
  • Nokia tested Google's Android on Lumia phones before Microsoft deal 16-09-2013 02:35 PM

    New Delhi: Before Microsoft reached out to Nokia to offer to buy the Finnish company's devices business, Nokia was already experimenting with Google's Android operating system on its Nokia phones, says Nick Wingfield in New York Times' Bits blog. When Nokia had back in 2011 decided to ride on Windows...
  • Full text of Microsoft's press release on Nokia acquisition 03-09-2013 10:42 AM

    Microsoft to acquire Nokia's devices & services business, license Nokia's patents and mapping services REDMOND, Washington and ESPOO, Finland - Sept. 2, 2013 - Microsoft Corporation and Nokia Corporation today announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase...
  • Nokia CEO Stephen Elop to move to Microsoft, chairman to take over 03-09-2013 10:23 AM

    Helsinki: Nokia said its chief executive, Stephen Elop, will move to Microsoft Corp when the deal to acquire Nokia's handset business is closed. Nokia board chairman Risto Siilasmaa will take over CEO duties while the Finnish firm is looking for a new CEO. Elop was hired as Nokia CEO in...
  • Microsoft to acquire Nokia's devices and services business for $7.2 bn 03-09-2013 10:11 AM

    Helsinki: Microsoft Corp on Tuesday said it would buy Nokia's mobile phone business for 5.44 billion euros, and the Finnish firm said its CEO, Stephen Elop, would join Microsoft when the transaction closed. Finland's Nokia, once the undisputed leader in mobile phones, has been struggling to respond to the challenge...
  • Microsoft to buy Nokia: Open letter from Steve Ballmer, Stephen Elop 03-09-2013 09:44 AM

    Microsoft and Nokia have announced that the software giant will acquire the struggling mobile phone company's devices business for 5.44 billion euros ($7.2 billion). Below is an open letter from Microsoft CEO Steve Ballmer and Nokia CEO Stephen Elop addressed to consumers: The Next Chapter: An open letter from Steve...
  • Nokia's buyout chances in focus ahead of second-quarter results 13-07-2013 11:19 AM

    Helsinki: Next week could be crunch time for Nokia Oyj and its Chief Executive Stephen Elop in their battle to prove the Finnish mobile phone company can survive on its own. Investors will be scrutinising second-quarter results to see whether there's enough cash to stay with a turnaround plan which...
  • Nokia CEO Stephen Elop says remains focused on Windows Phone software 07-05-2013 05:01 PM

    Helsinki: Nokia Chief Executive Stephen Elop said the company would remain focused on using Microsoft's Windows Phone software to compete with smartphone rivals such as Samsung. Nokia's first-quarter results showed incremental gains in sales of Lumia smartphones which use Windows software, while sales of its basic phones - traditionally Nokia's...
  • Nokia CEO says 'watch out' to Android phone makers 18-08-2011 07:57 AM

    Helsinki: Phone makers depending on Google Inc's Android software should worry about the Web search leader's deal to buy Motorola Mobility, the head of rival Nokia said on Wednesday. Nokia has teamed up with Google arch-rival Microsoft for mobile phone software, while phone makers such as Samsung Electronics, HTC Corp...
  • Nokia calls report of Microsoft deal baseless 02-06-2011 11:25 AM

    Helsinki: Shares in struggling mobile phone handset maker Nokia Oyj jumped on Wednesday in reaction to a web site report that said US-based Microsoft Corp had struck a deal to buy its mobile phone business for $19 billion. Nokia called the report "100 per cent baseless." Nokia shares have been...
  • Nokia CEO sees billions from Microsoft deal 14-02-2011 01:04 PM

    Barcelona: Nokia's CEO on Sunday touted its recent alliance with Microsoft, saying it would be worth billions to the Finnish cellphone maker, which is seeking to catch up in the fiercely competitive smartphone market. Nokia announced on Friday that it was teaming up with Microsoft to take on Google and...
  • Nokia, Microsoft to build Android, iPhone rival 11-02-2011 12:49 PM

    London: Nokia and Microsoft have teamed up to take on Google and Apple in the fast-growing smartphone market as the Finnish cellphone maker attempts to regain its leading position in the sector. Nokia said it would use Windows Phone as the software platform for its smartphones as part of new...
  • Day of reckoning dawns for Nokia's new CEO 11-02-2011 11:44 AM

    London: Nokia's wisdom in picking outsider Stephen Elop to return it to its former glory will be tested on Friday when the new chief executive reveals his plans to transform the world's biggest cellphone maker. Following a leaked memo in which Elop candidly described the need to leap from Nokia's...
  • Day of reckoning dawns for Nokia's new CEO 11-02-2011 08:25 AM

    London: Nokia's wisdom in picking outsider Stephen Elop to return it to its former glory will be tested on Friday when the new chief executive reveals his plans to transform the world's biggest cellphone maker. Following a leaked memo in which Elop candidly described the need to leap from Nokia's...
  • Nokia's options for smartphone turn around 05-02-2011 10:09 AM

    Helsinki: Stephen Elop, the new chief executive of Nokia, the world's biggest cellphone maker, will unveil his plan to turn around the Finnish company's weakening position in the high end of the market next week. The average forecast for Nokia's 2011 underlying earnings per share has fallen 5 per cent...
  • Nokia delays flagship N8 again, shares hit 21-09-2010 06:46 PM

    Helsinki: Nokia said it would delay again its flagship smartphone N8 model, hitting its shares on the day new chief executive Stephen Elop started at the helm of the world's top cellphone maker. The N8 is seen by analysts as Nokia's first top-range model to challenge Apple's iPhone more than...
  • Nokia's mobile phones chief Anssi Vanjoki resigns 13-09-2010 12:54 PM

    London: Anssi Vanjoki, the head of Nokia's mobile solutions unit, is resigning following the appointment of outsider Stephen Elop as chief executive of the world's biggest cellphone maker. This announcement comes only a day before Nokia World, the world's largest mobile phone manufacturer's annual event. Vanjoki, who joined Nokia in...
  • Nokia bets on new smartphones for recovery 13-09-2010 11:45 AM

    Helsinki: Nokia, the world's biggest cellphone maker by volume, will introduce new smartphone models at Nokia World, its annual media and industry event, aiming to assure investors the company is on track to recovery. Nokia, whose profits and share price have dived in the last few years, is now betting...
  • Nokia's Ollila to head board until 2012 13-09-2010 10:56 AM

    Helsinki: Nokia Board Chairman Jorma Ollila will stay in his position until spring 2012, helping newly-appointed Chief Executive Stephen Elop's transition into the job, a Finnish newspaper said on Sunday. Daily Helsingin Sanomat cited Nokia as the source of the information, but gave no further details. Nokia announced the hiring...
  • Key problems facing new Nokia CEO 10-09-2010 05:30 PM

    Nokia, the world's top cellphone maker, brought in Microsoft's Stephen Elop to replace embattled chief executive Olli-Pekka Kallasvuo and lead a renewed effort to compete in the smartphone market. The following are key challenges facing Elop: Ailing high-end phone portfolio Nokia's long reliance on the Symbian operating system for its...
  • Microsoft's Stephen Elop to be new Nokia CEO 10-09-2010 12:40 PM

    Helsinki: Nokia, the world's top cellphone maker, said Stephen Elop, the head of Microsoft's Business Division, was to be its new chief executive, leading a renewed effort to compete in the smartphone market. "His strong software background and proven record in change management will be valuable assets as we press...