Nokia Corporation (NYSE:NOK) is considering an increase to the use of its mapping software, and it also revealed a new deal with Oracle Corp. which should provide Oracle’s stable of customers access to Nokia’s growing map data and location services. The deal was announced on Monday at the OracleWorld conference in San Francisco, and it is viewed by Nokia executives as the path tho significantly expanding Nokia’s mapping services, which now competes with Google Inc.’s Google Maps.
MetroPCS Communications Inc (NYSE:PCS) currently is holding talks with MetroPCS (NYSE:PCS) intending to operate its subsidiary T-Mobile USA and MetroPCS in a single company under which Deutsche Telekom is to have the majority of shares. Deutsche stated, “the talks are at a stage where significant issues have not yet been finalized, contracts have not yet been signed and the conclusion of the transaction is still not certain. The Board of Management and Supervisory Board of Deutsche Telekom have therefore not yet taken the resolutions necessary for such a transaction.”
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Microsoft Corporation (NASDAQ:MSFT) platforms has been chosen by Toyota Motor (NYSE:TM) to develop its communications and collaboration infrastructure for Toyota companies globally. Toyota Motor Sales, U.S.A., Inc., along with additional affiliates in North America started deploying Microsoft Office 365-dedicated cloud services as their exclusive environment in June 2012. Toyota is to leverage a hybrid model, with on-premises editions of Microsoft Exchange, Microsoft SharePoint, Microsoft Lync and Windows Server in Japan and other overseas locations. Microsoft is to assist Toyota in delivering these services to over 200,000 employees worldwide during the next two years. The Microsoft platform is expected to provide better support for mobile devices, lower costs, and improve collaboration between employees with innovative enterprise social networking, conferencing, messaging, and information-sharing tools.
General Electric Company (NYSE:GE): GE Capital, Corporate Finance (NYSE:GE), stated that it is administrative agent on a $200 million asset-based credit facility for Furniture Brands International (NYSE:FBN). The loan is to be used for general corporate purposes as well as refinancing its current debt, and GE Capital Markets is also to take responsibility as joint lead arranger and bookrunner. Furniture Brands International is a worldwide leader in designing, manufacturing, and selling home furnishings. The company’s products are sold through specialized interior designers, independent retailers, and mass merchant stores, and some of its brands are Thomasville, Lane, and Broyhill.
Facebook Inc (NASDAQ:FB) is considering new ways to utilize its most valuable asset, which is personal data about 900 million people. The company is considering selling access to its users, according to the Wall Street Journal. This causes a resurface in concerns regarding privacy.