HMD Global, maker of Nokia-branded smartphones, wins investment from Google, others

This significant investment with some of closest strategic partners really allows us to accelerate our journey going forward, he said in an interview.

He did not disclose the individual amounts, but said the investments from the three were each very sizeable parts of the total.

Seiche said COVID-19 had impacted sales, but demand had come back quite strongly in May and June, and the company had returned to profitability in June.

Original article
Author: Reuters Editorial

Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.

Reuters Editorial has recently written 11 articles on similar topics including :
  1. "Facebook Inc said on Monday it is partnering with external researchers to examine the impact of the social media site on society during the 2020 U.S. presidential election". (September 1, 2020)
  2. "Facebook Inc's chief executive officer, Mark Zuckerberg, and some company executives have been discussing a "kill switch" to shut off political advertising after the election is over to curb misinformation, the New York Times reported on Friday, citing unnamed sources". (August 21, 2020)
  3. "Facebook has secured a court order to temporarily stop EU antitrust regulators' information requests related to their investigations into the company's data and online marketplace, according to a General Court ruling". (July 28, 2020)
  4. "Some European Union regulators objected to Ireland's preliminary ruling in a landmark privacy investigation of Twitter, the lead regulator said on Thursday, triggering a process where a majority decision will be sought". (August 20, 2020)
  5. "TikTok owner ByteDance has accused Facebook of plagiarism and smears although it did not elaborate on the accusation". (August 3, 2020)
  6. "Facebook France has accepted paying more than 100 million euros in taxes, including a penalty, relating to its accounting years before 2018, French financial magazine Capital reported on its website". (August 24, 2020)
  7. "Alphabet Inc's Google will stop responding directly to data requests from Hong Kong authorities, the Washington Post reported on Friday, citing an unnamed person familiar with the matter". (August 14, 2020)
  8. "A Russian court on Monday fined Google 1.5 million roubles ($20,350) after finding it guilty of failing to block content banned in Russia, the Interfax news agency reported". (August 10, 2020)
  9. "FacebookChief Executive Officer Mark Zuckerberg said on Friday the company was at fault for not removing the page and event for a militia group before two people were killed at a protest in Kenosha and deemed it "largely an operational mistake"". (August 28, 2020)
  10. "Facebook Inc said on Friday that Apple Inc has declined its request to waive off the 30% commission fee it takes from apps listed on iOS devices, making a rare critique of a fellow big tech peer". (August 14, 2020)
  11. "Facebook Inc on Tuesday unveiled a new policy that would prevent U.S. publishers with political ties from running ads presented as news articles, as the country gears up for the presidential election in November". (August 11, 2020)
Posted on  , , , , , , ,