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Microsoft to help automakers develop connected cars

Many automakers that ushered in an era of incredible disruption nearly a century ago now face disruption themselves from four modern forces — connected, autonomous, shared and electric cars. The infrastructure and scale required to build…

Nokia to cut deeper as merger spills red ink

HELSINKI, FINLAND: Finnish telecom equipment manufacturer Nokia said on Thursday it aims to accelerate savings after costs of absorbing former French-American rival Alcatel-Lucent pushed it into a second-quarter loss.