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Nokia's fake demo revealed by news outlets
More awkward to stomach, after Nokia had to eat a whole bowl full of humble pie after it admitted that it faked its Lumia smartphone camera demonstration. While it looked like two people in love on bicycles videoing each other (unsafely, might I add: keep two hands on the handlebars) as they cycled on a sea front, news site The Verge saw a snapshot of a reflection in a window of a DSLR-laden film crew recording the whole thing.
Nokia owned up to the 'mistake' and said the video was produced to "simulate" images using the new optical image stabilization (OIS) technology. Still, red faces all round in Helsinki.
Apple's crumbling share price
In just over two months, Apple's share price hit a record high of $700 a share, and then plummeted to $525 a share in mid-November. What happened? A series of mistakes, missteps and a management shake-up caused the Cupertino, Calif.-based technology giant to fall dramatically only weeks after the iPhone 5 and iPad mini -- along with a bevy of other hardware refreshes -- were launched. The share price fall wiped more than $150 billion off the firm's market cap and many began to question Apple's decision-making processes.
Scott Forstall, the iOS chief, was pushed out of the company, despite prior suggestions that he could one day replace chief executive Tim Cook. Apple is now beginning its recovery, but for a while things looked tense.
Google's $12.5bn acquisition of Motorola, already $13bn
Google bought Motorola Mobility for $12.5 billion but since its acquisition, the figure has risen to $13 billion thanks to the incurring of restructuring costs. In buying the smartphone-building unit, Google acquired around 17,000 patents, which it needed to fend off legal challenges from its Android mobile operating system, but the division continues to hemorrhage money.
However, a new lawsuit may determine exactly how much those 17,000 patents are worth, and it would be seriously embarrassing for the search giant if those patents did not in fact amount to, or even close to the $12.5 billion the firm paid for Motorola Mobility in the first place.