Nokia Reorgs Evidently Biannual

“A simplified company structure.” Evidently, that is the solution to all Nokia’s problems–to the erosion of its share of the smartphone market and its failure to develop a worthy rival to the likes of Apple’s iPhone and Research in Motion’s BlackBerry. And so this morning, the handset maker announced another sweeping overhaul of its management structure, its second reorganization in less than a year.
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Cisco Steps up Entertainment Efforts

Cisco Systems on Wednesday held a news conference with Warner Music to promote software to create and manage Web sites, one of nearly 30 new businesses the tech-equipment maker is getting into that it says has the potential to someday reach $1 billion in revenue.