Microsoft may be riding high on the Windows 10 rollout but it still feels the sting of the loss caused by the purchase of Nokia a few years back. Microsoft’s acquisition of the Finnish company was speculated to be a sure hit, only it didn’t. The Lumia devices never performed as expected and neither did Nokia’s Android devices. And just last week, Microsoft wrote off Nokia $7.5 billions on Nokia, considering the company brought the once-smartphone major for $9.5 billions. Thus, what was Microsoft’s loss became Huawei’s gain as the Chinese company became the third largest mobile phone vendor, displacing Microsoft without [...]

Nokia, the Finnish equipment maker who recently sold its mobile business unit to Microsoft, is reportedly considering selling its maps business HERE. The move reflects its plan to boost the company’s core wireless network unit and push up the shares rating.

According to a report by Bloomberg, the company is in talks with potential buyers such as Uber Technologies and a number of private-equity firms, as stated by people familiar with the matter. The source revealed that some German carmakers have reached Nokia for the same and will bid for its maps service, expected to take place as soon as this month.