During Wednesday’s Morning trade, Shares of Nokia Corporation (ADR) (NYSE:NOK), inclined 0.36% to $7.01. The firm opened its current trade at $6.99, and as of now, it is trading at $6.99. The total volume traded for the day is 2.61M shares, as compared to its average daily volume of 11.70M shares. The stock is floating in a range of $6.99 - $7.04. The stock holda the market capitalization of $25.81B.
Nokia Corporation Oyj Chief Executive Officer Rajeev Suri named his top lieutenants for a new structure following the $17.6 billion takeover of Alcatel-Lucent SA, relying on the Finnish company’s own managers for most of the key roles. According to Bloomberg
Marc Rouanne, now executive vice president at Nokia, will become chief innovation and operating officer, Nokia said Wednesday. Ashish Chowdhary, presently chief business officer, will be chief customer operations officer. Timo Ihamuotila will remain chief financial officer.
Nokia is buying its French competitor to broaden its product offering and reduce costs, seeking to take on Ericsson AB of Sweden and China’s Huawei Technologies Co. Suri said last month government approvals for the acquisition are progressing faster than predictable, with key nods from China and France remaining. The company anticipates to complete the deal in the first half of next year. Bloomberg Report
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally.
Finally, Shares of Alphabet Inc (NASDAQ:GOOGL), dropped -0.56%, and is now trading at $668.10.
Google has launched an ambitious initiative that aims to speed up loading times across the entire mobile web. According to Business Insider
The new open source project is called Accelerated Mobile Pages. It’s basically a new kind of open source HTML code framework that Google is asking publishers and developers to adopt into their websites and apps.
Google says AMP HTML will “dramatically improve” the performance of the mobile web by allowing website owners to build lighter-weight web pages that have a reduced reliance on often clunky technology such as JavaScript. By using AMP, publishers can employ caching techniques to essentially pre-fetch and store a web page so it’s loaded on to a user’s device before they even click on it. Pages that formerly took three seconds to load will take milliseconds, according to one of the initial AMP partners, news app Nuzzel. Business Insider
Alphabet, Inc. builds technology products and provides services to organize the information. The company offers Google Search that provides information online; Google Now that offers information to users; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob.
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