Nokia could sell luxury Vertu brand to VC firm for $265 million

As much as it'd be interesting to see Windows Phone running on a $21,000 gold-plated cigar lighter, that's probably never going to happen. According to the UK's Financial Times, Nokia has been trying to hive off its luxury Vertu brand for months already, and has finally found a suitor with the right cash / sense ratio. Although still far from a done deal, we're told that venture capitalist firm Permira is willing to contribute up to $265 million to Nokia's needy coffers -- which might sound like a lot, but is mere costume jewelry to a manufacturer that just lost $1.7 billion.

Nokia could sell luxury Vertu brand to VC firm for $265 million originally appeared on Engadget on Mon, 30 Apr 2012 03:04:00 EDT. Please see our terms for use of feeds.

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Google Drive now offers a bumpy ride for Chrome OS dev-channel users

You knew it was gonna happen, but Google's cloud-based storage service has now been married to its cloud-based operating system, as Chrome OS users who receive updates via the dev-channel may now benefit from integration with Google Drive. Most notably, Drive will now appear as an additional folder within the file manager, although the implementation isn't without its quirks. For example, our peers at TechCrunch described the inability to make these files available for offline access. It goes without saying that dev-channel releases aren't for everyone, but if you enjoy living on the edge, then be sure to take a peep at what Google has in store for the inevitable mainstream release.

Google Drive now offers a bumpy ride for Chrome OS dev-channel users originally appeared on Engadget on Fri, 27 Apr 2012 18:26:00 EDT. Please see our terms for use of feeds.

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