This change in strategy is expected to affect up to 310 of the roughly 1090 employees in Nokia Technologies, mainly in Finland, the US and the United Kingdom according to the company.
The camera was not really aimed at the everyday user (not that the price gave that away or anything) but rather filmmakers who needed a high-end camera to capture 360 degree video.
While it might not have been in the company's original ballpark, OZO suggested Nokia was taking VR seriously.
The reason for the shutdown according to Nokia has to do with the slow growth in the VR market or rather, the direction of growth.
Nevertheless, the layoffs will mainly happen in the US, UK and Finland and account for around 35 percent of the 1,090 employees in Nokia Technologies. The company halted development of future models of the camera in favor of further investment into digital health technology. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry's most complete, end-to-end portfolio of products, services and licensing.
Microsoft is killing Windows Phone
Companies and indie developers simply don't want to work on Windows Phone apps - majority probably never cared in the first place. Of course we'll continue to support the platform [Windows Phone - editor's note ]. bug fixes, security updates, etc.
Xiaomi Mi MIX 2 With Bezel-Less Display Launched in India for…
Under the hood is the 64-bit Qualcomm Snapdragon 835 octa-core processor clocked at 2.45GHz and comes coupled with Adreno 540 GPU. Well, I had a chance to use the phone after the launch event and here are my initial impressions of the Xiaomi Mi Mix 2.
Trump Warns of Calm Before Storm
The high-level military meeting saw the president discussing Iran and North Korea with senior military officers. The White House has not yet clarified what the president intended by his " calm before the storm " remark.
Late Salah goal fires Egypt to Russian Federation
Egypt now have a four point lead over Uganda in their group, cementing top spot with just one game left for each side. The euphoria was intense since Arnold Bouka-Moutou had stunned the hosts when equalising for Congo after 88 minutes.
Northgate Plc (NTG.L): Span A is Above Span B
Taking a look at Easyjet Plc (EZJ.L) stock, we have recently spotted the Percentage Price Oscillator Histogram line above zero. The stock of Party City Holdco Inc (NYSE:PRTY) has "Outperform" rating given on Friday, November 13 by Telsey Advisory Group.
Four of a family, guard found murdered in northeast Delhi
The deceased have been identified as 82-year-old Urmila Jindal, and her daughters Sangeeta, 56, Nupur, 48, and Anjali, 38. Apart from that, the property is occupied by seven families of Urmila's husband's nephews (35 to 40 people).
Fire Prevention Week a time for planning
Smoke detectors are pretty cheap, but for those who can't afford them, fire companies in the county will install them for you. One of the most common sources of fires are heaters, make sure you have those away from flammable items, like your curtains.