Nokia Reports $1.8 Billion Loss in Q1 2012
Nokia reported an operating loss of $1.8 billion in Q1 2012, mainly due to the costs of restructuring Nokia Siemens Networks. The company's sales for the quarter were $9.7 billion, down from $13.6 billion in Q1 2011.
Facebook IPO May Be Happening on May 17
Facebook is hoping for a May 17 initial public offering, TechCrunch reports, citing several sources familiar with the matter. The company will probably be valued at around $100 billion.
Apple Giving Snow Leopard to MobileMe Customers for Free
Apple is giving away Snow Leopard to potential iCloud customers for free, Macgasm reports. Apple has apparently emailed MobileMe customers with instructions on how to receive a free Snow Leopard DVD, in order to upgrade to iCloud. It is currently unclear whether this offer is valid only for customers in the U.S.