Tech News: Apple Inc. (AAPL), Research In Motion Ltd (BBRY) & Nokia Corporation (ADR) (NOK)

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Miele Driven Through Nokia Lumia (PRCarbon)
Today, Nokia Corporation (ADR) (NYSE:NOK) has announced that Miele & Cie. KG, a global leader in premium commercial machinery for laundry care, dishwashing and disinfection, and domestic appliances, is switching to Nokia Corporation (ADR) (NYSE:NOK)’s Lumia as the smartphone of choice for its global employees. Nokia Corporation (ADR) (NYSE:NOK)’s Lumia, is Built on Microsoft Corp’s Windows Phone 8 platform, and further Nokia Lumia smartphones enable mobile access to Miele’s business applications such as SharePoint and Microsoft Outlook. Further, Nokia Lumia also offers Miele employees more benefits, with a modern smartphone, including secure access at no extra cost to Microsoft Office documents, information and contacts.

2nd Circ. Shoots Down Nokia ERISA Class Action (Law360)
The Second Circuit on Friday dismissed a class action alleging Nokia Corporation (ADR) (NYSE:NOK) duped members of its employee pension plan about the safety of investing in company stock, ruling the firm didn’t keep information about its deteriorating financial condition secret. A three-judge panel denied an appeal seeking to reinstate claims that fiduciaries of the Nokia Retirement Savings and Investment Plan breached their duties of prudence and loyalty by offering shares in Nokia Corporation (ADR) (NYSE:NOK), the technology firm’s Finnish parent company, beginning in January 2008. Manufacturing and pricing issues later contributed to a sharp decline in the price of Nokia Corporation (ADR) (NYSE:NOK) shares, according to the suit, filed under the Employee Retirement Income Security Act.



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