Facebook's Friendship With Nokia Is Pending
This story was written by Tricia Duryee.
If Nokia (NYSE: NOK) were on Facebook, perhaps its relationship status would be "it's complicated." The WSJ is reporting today that the two companies have been in negotiations for months and at this point it is completely up in the air as to whether Nokia will opt to team up with established social networks, like Facebook (which now has a reported appraisal of $3.7 billion), or build its own applications from scratch. The WSJ, which references anonymous sources, said very few details were available, and it is unknown what the financial terms are or how many Nokia devices would be affected. More details on MocoNews.
By Tricia Duryee