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REDMOND, Washington and ESPOO, Finland – Sept. 3, 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 substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services. Under the terms of the agreement, Microsoft will pay EUR 3.79 billion to purchase substantially all of Nokia’s Devices & Services business, and EUR 1.65 billion to license Nokia’s patents, for a total transaction price of EUR 5.44 billion in cash. Microsoft will draw upon its overseas cash resources to fund the transaction. The transaction is expected to close in the first quarter of 2014, subject to approval by Nokia’s shareholders, regulatory approvals and other closing conditions. --------------------------------------------------------------------------- Wait loss ! Need White Skin! No ...

India has bypassed Japan to become the world’s third largest Internet user after China and the United States, and its users are significantly younger than those of other emerging economies, global digital measurement and analytics firm comScore has said in a report. India now has nearly 74 million Internet users, a 31 per cent increase over March 2012, the report says. The numbers are lower than other recent estimates, possibly reflecting comScore’s methodology that only factors in PC and laptop-based Internet usage. The Telecom Regulatory Authority of India (TRAI) pegged the number of Internet subscribers in India at 164.81 million as of March 31, 2013, with seven out of eight accessing the Internet from their mobile phones. The comScore report, on the other hand, puts mobile and tabled-based Internet traffic at just 14% of the total. “Mobile phone based Internet usage is a key component of Indian Internet usage, and I’d say the recent growth is being driven by ...