Massive Layoffs Expected at Nokia

Massive Layoffs Expected at Nokia

This news story is posted together with the news to work with Microsoft against Google's Android and Apple Iphone. I ask...Why? The android platform is free. Why does Nokia have to do this and layoff a ton of its work force? Nokia's stock price is down a whopping 14% and I think they deserve it.

This I believe is a strategic suicide. Why does this company want to jump into a competitive atmosphere without good prospect of profit? In a couple years they will post billions of lost because of this strategic blunder then cancels the project. Nokia bye bye...I will stay away from this stock at all cost.

I think the financial competition among the phone and wireless industry is becoming to have some clear winners and losers. My fellow readers, if you plan to buy into stocks, stay away from the losers. It will save you lots of money.

Is Bing Cheating?

Is Bing Cheating?

Google: Bing Is Cheating, Copying Our Search Results

Interesting article..I wonder if this will become a lawsuit down the road. It seems that Microsoft is using some of Google's results for things that they cannot find.

That does sound quite unfair.