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Saturday, June 9, 2012
Today’s Top Stories:Nokia's Q1 Results,Facebook IPO Date
Welcome to this morning’s edition
of “ First To Know,” a series in which
we keep you in the know on what’s
happening in the digital world.
Today, we’re looking at three
particularly interesting stories.
Nokia Reports $1.8 Billion Loss
in Q1 2012
Nokia reported an operating loss of
$1.8 billion in Q1 2012, mainly due to
the costs of restructuring Nokia
Siemens Networks. The company’s
sales for the quarter were $9.7
billion, down from $13.6 billion in Q1
2011.
Facebook IPO May Be Happening
on May 17
Facebook is hoping for a May 17
initial public offering, TechCrunch
reports, citing several sources
familiar with the matter. The
company will probably be valued at
around $100 billion.
Apple Giving Snow Leopard to
MobileMe Customers for Free
Apple is giving away Snow Leopard
to potential iCloud customers for
free, Macgasm reports. Apple has
apparently emailed MobileMe
customers with instructions on how
to receive a free Snow Leopard DVD,
in order to upgrade to iCloud. It is
currently unclear whether this
offer is valid only for customers in
the U.S.
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