Nokia buys controlling stake of Nokia Siemens Networks for $2.2b

That didn’t take long — just hours after Bloomberg reported that Nokia was planning to buy out its German partner, the two firms have made it official: Nokia Siemens Networks is about to become a fully owned subsidiary of Espoo. The €1.7 billion ($2.2 billion) buyout will eventually see the Siemens name dropped from the network, naturally, though Nokia hasn’t yet announced what the restructured entity will be called. The transaction isn’t a complete surprise, of course — earlier this year Siemens CEO Joe Kaeser told Dow Jones Newswires that 2013 was the year his company would help “NSN to move into a better place,” announcing plans to separate from the partnership.

Kaeser continued the thought in today’s announcement, calling Nokia’s new acquisition as “an attractive opportunity to actively shape the telecom equipment market for the future and create sustainable value.” Nokia head honcho Stephen Elop echoed the sentiment, speaking highly of NSN’s recent financial growth and looking ahead to future ventures. Read on for Nokia and Siemens official press release, complete with quotes, statements and financial specifics.

Filed under: , , ,

Comments

Source: The Next Web

JTB – Mt. Fuji luxurious climbing tours for those visiting Japan – with English-speaking (or other language) mountain guide, round-trip domestic transportation service, and climbing gear included

JTB - Mt. Fuji luxurious climbing tours for those visiting Japan - with English-speaking (or other language) mountain guide, round-trip domestic transportation service, and climbing gear included

The climbing season for Mt. Fuji, a symbol of Japan and the new World Heritage-listed site, officially opened today. Because of its new status, many people expect (and are even a bit concerned) that there will be many more climbers than usual visiting Mt. Fuji this year.

Because today is the first day of the climbing season, we would like to introduce the “Private Mt. Fuji Tour” tour packages planned by major Japanese travel company, JTB. There are 2 kinds of tours:

1) Mt. Fuji Climbing Private Tour (2 Days)

English speaking tour guide will pick you up by car and take you to the “5th station” of Mt. Fuji (the usual starting point for hiking the mountain). Once summiting has been completed, you can enjoy the beautiful sunrise from the top of Mt. Fuji. Then, a hot spring and Kaiseki-style traditional lunch near Lake Kawaguchi/Yamanaka await you.

Price: ¥94,000 or more (depending on the number of people)

2) Mt. Fuji Climbing and “Exploring immense Nature by Walk” Private Tour (4 Days)

This is a very challenging walking tour. The tour begins from Mt. Takao in Tokyo and covers 100km to finish at Mt. Fuji. You can stay at ryokans (Japanese style hotel) and enjoy hot spring and Japanese style food along the way.

Price: ¥248,000 or more (depending on the number of people)

Both are private tours with a dedicated luxurious car and tour guide.

Bloomberg: Nokia will buy Siemens’ share of joint venture for less than $2.6b

Not all partnerships pan out, and Nokia seems ready to call it quits: according to Bloomberg, the company might announce a buy out of the German half of Nokia Siemens Networks later this week. Sources familiar with the matter say that the the Finnish firm is planning to use a bridge loan to finance the $2.6 billion purchase (less than 2 billion euros), taking the entire operation under its own wing. It’s not a completely unexpected move on Nokia’s part — the company previously avoided selling off stake in the network back in 2011, opting to lean on its own shareholders instead. Bloomberg reports that Siemens has declined to comment on the issue, but we’ll let you know if we hear anything solid.

Filed under: ,

Comments

Source: Bloomberg

Inhabitat’s Week in Green: cardboard bicycle, robo raven and a steampunk Lego ship

Each week our friends at Inhabitat recap the week’s most interesting green developments and clean tech news for us — it’s the Week in Green.

DNP Inhabitat's Week in Green

Summer is finally upon us, and polluting companies are feeling the heat as President Barack Obama announced a groundbreaking climate action plan this week that calls for cutting CO2 emissions and building more resilient communities in the face of climate change. Meanwhile, innovators around the world are continuing to tackle some of our biggest challenges. Rust-Oleum launched NeverWet – an incredible new spray that can completely waterproof any surface or object. IKEA unveiled a new solar-powered flat-pack shelter that could be easily deployed as emergency housing. Cardboard Technologies announced plans to mass-produce a $10 bicycle made almost entirely from recycled cardboard. And in one of the week’s most exciting green transportation developments, England’s Drayson Racing set a new land speed record for electric cars this week, shattering the previous mark by nearly 30 MPH.

Filed under: , ,

Comments

The Daily Roundup for 06.28.2013

You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours — all handpicked by the editors here at the site. Click on through the break, and enjoy.

DNP The Daily RoundUp

Filed under:

Comments

Editor’s Letter: More than a point release

In each issue of Distro, editor-in-chief Tim Stevens publishes a wrap-up of the week in news.

DNP Editor's Letter More than a point release

This week is Microsoft’s time to shine. Its Build conference, typically held later in the year, kicked off on Wednesday and along with it came a lot more about Windows 8.1 — which we thought we already knew plenty about, honestly. But there was more to learn, including a new milestone for the Windows Store: 100,000 apps. Well, almost 100,000 apps. Steve Ballmer said the store was “approaching” that number and has racked up “hundreds of millions” of downloads. A bit of a far cry from Apple’s 50 billion, but hey, it’s early days yet.

More interesting to me is the inclusion of native 3D-printing support in Windows 8.1. Good ‘ol 2D printers were certainly common before the traditional driver came into standard practice, but that market didn’t really take off until they effectively became plug and play. One could say it’s perhaps a bit early for that kind of native support to be needed in Windows for a 3D printer, but better too soon than too late.

Filed under:

Comments

Adobe’s VP of Experience Design Michael Gough on Paper dependency and the omniscient gadget

Adobe's Michael Gough on his dependency on digital Paper and the omniscient gadget

Every week, a new and interesting human being tackles our decidedly geeky take on the Proustian Q&A. This is the Engadget Questionnaire.

In this week’s edition of our regular answer sessions, Adobe’s VP of Experience Design Michael Gough discusses digital sketching and six-fingered spies. Head to the other side of the jump to peruse those and a number of other topics in this coup d’état of queries.

Filed under:

Comments

Source: Distro Issue 97

Planet Labs’ fleet of 28 tiny satellites will send back aerial shots for cheap

DNP Planet Labs

With the goal of capturing frequent snapshots that show the planet’s changes in real-time without breaking bank, California company Planet Labs has revealed its plan to launch 28 teensy satellites called “Doves” to space. Existing imaging satellites are extremely expensive to make and usually capture huge pictures that take days to send back. Each Dove, however, consists of relatively affordable 10-centimeter-wide Lego-like building blocks called CubeSats and will quickly beam back mid-res photos. The firm has yet to mention how many CubeSats will go into each Dove, but the two test satellites launched in April (see sample images they took at the source below) had three pieces each. If everything goes off without a hitch, the fleet could be orbiting the Earth at a low altitude as soon as December. Once operational, we can use the pictures they send to update online maps and monitor melting ice caps, deforestation, or even traffic jams.

[Image credit: NASA]

Filed under: ,

Comments

Via: Technology Review

Source: Planet Labs

Imgur launches meme generator, fuels your procrastination even more

DNP Imgur meme generator

Good Guy Greg or Scumbag Steve — you decide which one Imgur is now that its new meme generator is ready to suck up more of your time. The tool comes with a bunch of popular templates, although you can upload a picture if you’ve always dreamt of following in Overly Attached Girlfriend’s footsteps. It’s similar to services like I Can Has Cheezburger and Quickmeme — simply drop text boxes onto the images to showcase your own brand of humor and wit. Unsure how to create your own viral sensation? Browse the generator’s gallery to check out past hits and maybe try remixing a few first. Between this and Imgur’s new Android app, we wouldn’t be surprised if some of you are kissing your afternoon productivity goodbye.

Filed under: ,

Comments

Source: Imgur

The Daily Roundup for 06.27.2013

You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours — all handpicked by the editors here at the site. Click on through the break, and enjoy.

DNP The Daily RoundUp

Filed under:

Comments