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Nokia declined to comment on Thursday on a media report saying it was working with an investment bank to defend itself from a hostile takeover — the news of which sent its shares flying. “Nokia does not comment on market rumors,” said a Nokia spokesman. Earlier on Thursday shares in Nokia surged 12.5 percent with …
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The millions of bits of cellphone data tracked by analytics firm Unacast show the economic impact of the coronavirus spreading across the US like a deep freeze — long-distance travel was hit early on, but eventually overall retail foot traffic slowed to a crawl, too. As the US started shutting down to fight the coronavirus …
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Apple on Wednesday unveiled its latest budget smartphone, even as the coronavirus pandemic slams consumer spending worldwide. The new iPhone SE, which starts at $399 and keeps the same name as its 2016 predecessor, wasn’t announced with a splashy staged event, but instead in a press release, a first for Apple’s most famous product. The …
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Apple’s iPhone sales in China look like they’re starting to recover from the coronavirus. The tech giant shipped roughly 2.5 million iPhones in the country in March, up from a disastrous February where it moved just 500,000 units thanks in part to a closure of all Apple retail stores in the country. Total mobile phone …