Daily Archives: February 11, 2011

Pandora has filed for a long awaited IPO, with the internet radio service on the verge of profitability and reporting more than 80m registered users in the US. That is double the 40m it reported in December 2009, when its backers first told us it was a prime candidate for a share offering. Read more

Arianna HuffingtonWhen Arianna Huffington launched The Huffington Post in 2005, critics wrote off the venture as doomed from the start. “The Madonna of the mediapolitic world has undergone one reinvention too many,” said acid-tongued Hollywood blogger Nikki Finke. “She is finally played out publicly.”

Continue reading “Woman in the News: Arianna Huffington”

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Nokia is leaping off a burning platform to adopt Windows Phone 7 as its operating system for smartphones.

The Finnish handset maker tried to justify its dramatic decision to analysts at a strategy event in London,  with chief executive Stephen Elop and Microsoft counterpart Steve Ballmer explaining the reasoning.

FT correspondents Mary Watkins and Andrew Ward were also there and their live blog is after the jump. Read more

So Stephen Elop has taken the plunge. The chief executive of Nokia has just announced a “broad strategic” tie-up with Microsoft on phones and said it would make Windows its main smartphone operating system.

It’s a bold move for the Canadian and investors haven’t greeted the news that well. Shares were down as much 12 per cent in early morning trade. Read more