Nokia Acquires US-Based Infinera for $2.3 Billion, Bolstering Its Optical Communications Portfolio

June 28, 2024 –On June 27th, Nokia announced an “insider news” on its official website, revealing its intention to acquire Infinera, a global supplier of optical network solutions and optical semiconductors. This move is expected to significantly enhance Nokia’s capabilities in the optical networking domain. Headquartered in San Jose, California, Infinera is a vertically integrated…

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Apple Scraps Plan for Monthly iPhone Rental Service

December 19, 2024 – Apple has scrapped its plans to introduce a hardware subscription service, according to a report by Bloomberg’s Mark Gurman. The proposed service was designed to allow customers to “subscribe” to a new iPhone every year through monthly payments. Gurman had previously revealed in 2022 that Apple was exploring a hardware subscription…

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Honda Explores Merger, Capital Tie-Up, and Holding Company Options with Nissan

December 18, 2024 – Following a Bloomberg report earlier today, Honda’s Executive Vice President, Shinji Aoyama, responded to rumors of a potential merger between Honda and Nissan. Aoyama stated that Honda is exploring several options, including a full merger, capital collaboration, or the establishment of a holding company. According to informed sources, the two automotive…

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