Microsoft is "streamlining" its smartphone business, axing 1,850 jobs and charging off $950 million


Microsoft last week sold off its feature phone business to FIH Mobile, a subsidiary of Foxconn, for $350 million. The move all but signaled Microsoft’s departure from the mobile device business and now, the final blow – at least with regard to Microsoft’s disastrous purchase of Nokia – has been...

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via TechSpot

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