With Nokia expected to unveil a shift in its long term strategy at the company's annual Capital Markets Day this Friday, it should be no surprise that rumor and conjecture are rife. Much of that has focused on whether or not the Finnish mobile giant will be adopting a third-party platform with talk of Windows Phone 7 given new CEO Stephen Elop's previous connection with Redmond. A rumor that our well-placed sources would appear to confirm - see below. But we're also hearing that Nokia is planning to lay down stronger roots in Silicon Valley too - like so many a European tech outfit - something that The Register's Andrew Orlowski is also reporting. And in what looks like preparing the troops for a major change of direction, an internal Nokia memo titled 'Standing on a burning platform' has been doing the rounds. The widely distributed circular penned by Elop himself is a description of Nokia's somewhat precarious position - and I say that as someone who has been fairly bullish on the handset maker's recent products.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/URllzFt-Nvc/
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