In a surprising move, Microsoft said on Monday, June 13, that it was planning to purchase the professional social network LinkedIn for $26.2 billion in cash, a move that helps refocus the U.S. tech giant around cloud computing and services. Microsoft said it would finance the deal mostly by issuing new debt.

Telecom Vendors
Global Blockchain Council backs du Pilot for First Blockchain Service for Healthcare in Middle East
Together with the support of Dubai Future Foundation through the Global Blockchain Council, du announced plans to revolutionize healthcare in the UAE using pioneering blockchain technology. For the first time in the UAE, du's pilot will introduce a safer common system for instantly sharing and verifying electronic health records (EHR) between hospitals and clinics.
Nokia and China Mobile sign EUR 1.36 billion frame agreement
Nokia and China Mobile have signed a one-year frame agreement, valued at up to EUR 1.36 billion, to help the leading Chinese mobile operator transition to a flexible cloud network infrastructure, providing seamless connectivity that will more efficiently meet the ever-growing data demands of its subscriber base. Both Nokia Networks China and ASB will provide services under the agreement.
Internet of Things to overtake mobile phones by 2018: Ericsson Mobility Report
The latest edition of the Ericsson Mobility Report, published on June 1, reveals that the Internet of Things (IoT) is set to overtake mobile phones as the largest category of connected device by 2018.
The path to 5G: Paving the road to tomorrow's autonomous vehicles
According to World Health Organization figures, road traffic injuries are the leading cause of death among young people aged 15-29 years. More than 1.2 million people die each year worldwide as a result of traffic crashes. Vehicle-to-Everything (V2X) technologies, starting with 802.11p and evolving to Cellular V2X (C-V2X), can help bring safer roads, more efficient travel, reduced air pollution, and better driving experiences.
Nokia provides secure 4G coverage in almost any environment with the Ultra Compact Network - the network in a backpack
Critical Communications World, Amsterdam, Netherlands - Nokia has unveiled a light and ultra-compact 4G network, based on a small cell, that will allow secure mobile broadband connectivity in minutes for mission- and business-critical services. The network can provide voice, video and data services in emergency situations, remote locations and events, and act as a hotspot for public safety organizations, industries and operators.
Ericsson ConsumerLab: Wearables could outcompete smartphones by 2020
In the new Ericsson ConsumerLab report: "Wearable technology and the Internet of Things", six in 10 smartphone users state that wearables have uses beyond health and wellness. Devices related to personal safety and security, such as panic buttons and personal locators, attract most interest. Top 5 most-wanted wearables across five markets surveyed (% interested and willing to buy):
Microsoft and Facebook to build huge Virginia to Spain Submarine Cable
Microsoft and Facebook announced plans to build "MAREA" - a new subsea cable across the Atlantic. The new MAREA cable will help meet the growing customer demand for high speed, reliable connections for cloud and online services for Microsoft, Facebook and their customers. "MAREA" is named after the Spanish word for "tide," and will be capable of 160 terabits per second of bandwidth and will stretch more than 4,100 miles of ocean in a submarine cable system. It will have eight fiber pairs, with a total design capacity of 20 Tbps per fiber pair. The applicants have not yet made decisions about the initial lit capacity of the system. The parties have cleared conditions to go "Contract-In-Force" with their plans, and construction of the cable will commence in August 2016 with completion expected in October 2017.
Nokia's 2016 Acquisition and Retention study shows 5 emerging reasons mobile customers churn
As network quality improves, mobile subscribers globally are placing more importance on customer service and value when choosing an operator, Nokia's 2016 Acquisition and Retention study shows.
Ericsson announces Emergency Wallet to support humanitarian response
Ericsson has committed to developing Ericsson Emergency Wallet, a mobile financial services solution, for deployment in the immediate aftermath of disaster or crises to support humanitarian organizations and affected populations.