/// ATD Week in Review: The Inside Story of Microkia, Apple in China and Yahoo’s Fashion Model Logo
SARI GUSTAFSSON/AFP/Getty Images In case you missed anything, here’s a quick roundup of some of the news that powered AllThingsD this week: Late on Monday, Microsoft announced that it would spend $7.17 billion to buy the majority of Nokia’s cellphone unit. Nokia’s stock price has fallen precipitously since 2007, but news of the deal sent Nokia shares up and Microsoft shares down. John Paczkowski broke down the full deal by the numbers . So, just how did the mega-deal come to pass? As Ina Fried reported this week, the inside story of the purchase started with just three words: “Can we talk?” The Microkia deal also brought multiple Nokia execs into Microsoft, including Stephen Elop — who, as Kara Swisher argues, is now “ in the front of the line to take over the software giant” after current CEO Steve Ballmer retires. In other acquisition news, Japanese e-commerce giant Rakuten continued a recent pattern of aggressive expansion by buying Viki , a Hulu-like video site, for $200 million.
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- 02/17/2014 • From ‘Boyhood’ to ‘Black Coal,’ Variety Critics Recap Best of Berlin Film Fest