technology industry Archives

Sony Mobile to slash 1,000 jobs in Sweden

03/12/201503/11/2015 Stephanie Beck

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A recent report has revealed that the company will be reducing the positions in its Southern Swedish unit. According to reports on Swedish Radio, Sony Mobile Communications has now announced that it will be reducing its workforce by 1,000 positions in its unit in the southern part of the country. Staff members at the southern Sweden location of the company were told at a meeting on Monday. The job cuts at Sony Mobile will be impacting the consultants and employees at the Lund unit. The layoffs are going to represent…

Does Wearable Technology Have a Future?

06/14/201406/12/2014 Note From The Editor

Wearable devices are currently considered by many people to be nothing more than a novelty. These devices range from augmented reality glasses to high-tech clothing and everything in between, but their practicality has long been suspect. The idea that wearable devices may actually have some use beyond entertainment and social networking is difficult to justify. While there are some wearable gadgets that can be used to track health information and some that are used during medical procedures, these devices are not typically ideal for their intended purpose. The practicality of…

Technology news from Nokia includes approval of sale to Microsoft

11/20/201311/19/2013 Sam Lambert

The shareholders have now given the nod to selling the company’s mobile division. Nokia, the Finnish telecom company, announced this week that their shareholders have given the approval for selling the mobile phone division of the company to Microsoft for $7.35 billion. This will considerably change the nature of Nokia’s business, as it will be losing its device manufacturing side. The sale will mean that Nokia will be transforming itself into a telecom services and equipment company. They revealed their technology news that the approval was nearly unanimous, with 99.7…