Nokia has much resting on the launch of its first Windows smartphone, the Lumia 800, the first off the production line since its exclusive partnership was agreed with Microsoft in February. The phone is key for Nokia to claw back a position in high-end phones having been marginalised by Apple and Google’s Android in recent years, writes Daniel Thomas, FT telecoms correspondent. Read more
How much do company chief executives need to know about IT? Traditionally, many business leaders outside the technology sector have had only a limited understanding, preferring to rely on their IT departments and chief information officer (CIO).
According to a recent report by Booz & Co, the consultancy, the average age of chief executives is now about 51. That means that many grew up in the PC era and have witnessed the impact of technology on almost every part of business. Read more
Last week saw the biggest venture-capital fundraising yet in Russia’s fast-growing e-commerce market.
But even with $100m in its coffers, how long can Ozon.ru – the “Amazon.com of Russia” – fend off Amazon itself? Russian idiosyncrasies in payments, deliveries and culture suggest that domestic online retailers such as KupiVIP, Molotok and Avito may be able to repel the foreign invaders looking to capture a share of what will soon become Europe’s largest internet market. Read more
The sacking of Carol Bartz last week made theatre of the most superior kind. Watching the former chief executive of Yahoo go down spitting obscenities was exhilarating in an immediate sort of way, but it also confirmed at least four of my most deeply held prejudices about life, work and language.
Continue reading: “Bartz flubs her lines as she leaves the Yahoo stage”