STOCKHOLM Jan 5 Software company UIQ, jointly owned by Sony Ericsson (6758.T)(ERICb.ST) and Motorola MOT.N, has filed for bankruptcy in a district court in Sweden, the company's top executive said on Monday. The software developer, which is based in Sweden, began cutting staff six months ago after its owners decided to merge its software with the Symbian platform.
World number one mobile handset maker Nokia NOK1V.HE last month finalised its acquisition of Symbian and has pledged to make the software available free of charge.
"There are no opportunities to create a new line of business in the current financial climate," UIQ Chief Executive Johan Sandberg told Reuters.
The company has around 200 employees. (Reporting by Niklas Pollard, editing by Will Waterman)
Net1 to invest up to $40 mln in India's MobiKwik over 2 years
MUMBAI, Aug 26 Payment services provider Net1 UEPS Technologies Inc will invest up to $40 million in Indian mobile wallet services provider MobiKwik over the next 24 months, the companies said in a joint statement on Friday.
BRIEF-Ab inbev expects potential job reduction of about 3 percent of total workforce of the combined group
* Expects potential job reduction of about 3 percent of total workforce of the combined group
RPT-Belgians are hunting books, instead of Pokemon
BRUSSELS, Aug 26 Inspired by the success of Pokemon Go, a Belgian primary school headmaster has developed an online game for people to search for books instead of cartoon monsters, attracting tens of thousands of players in weeks.