The trend in mobile always seems to be that of one-upmanship. Build it bigger, make it faster, make it do more are the commands that are most often followed. But what about converting those who aren’t yet your customers? Nokia‘sAstoundis making a jump thatwe saw LG donot too long ago. While LG’s phone was an Android-based model that was priced at $100 (on contract, of coure), Nokia is sticking with itsSymbian OS(while we wait for the Windows Phone versions to come later) and pairing up with T-Mobile in the US to get it combined with a $10 data plan....

A number ofhigh-profile executiveshave been making their way out of Nokia’s headquarters on their own accord as of late but if reports from Germany business weeklyWirtschaftswocheare correct, many more could be exiting the company as Nokia CEO Stephen Elop begins a radical restructuring of his management team. Reports suggest that Mary T. McDowell, head of Nokia’s mobile phones unit could soon be leaving, as could Niklas Savander, manager of Nokia’s markets unit....

NokiaCEOStephen Elopappeared at D9 today and toldWalt Mossbergthat rumors of a Microsoft buyout of Nokia are completely baseless. The rumorflared up earlier today, suggesting that Microsoft may have been preparing to drop a whopping $19 billion on the company, a far greater sum than was spent onits recent Skype purchase. “We typically don’t comment on rumors. But we have to say that Eldar’s rumors are getting obviously less accurate with every passing moment,” Nokia’s Communications Director Mark Squires tweeted at the time, although the rumor continued to circulate throughout the rest of the day....

Nokia CEO Stephen Elop has confirmed that the Finnish mobile giant is already working on developing its first Windows Phone 7-powered smartphones, adding that he expects the first models to go on sale in the first quarter of 2012. Speaking to Reuters, Elop said: “We’re right now, today, having people work on the first Windows Phone devices from Nokia. That work is already under way. If this was an acquisition scenario, that wouldn’t be possible....

Yesterday,Engadget leaked a memofrom Nokia’s CEO Stephen Elop preparing the company for a shake-up. While Nokia once had a robust, sturdy platform- it has failed to keep up with the emerging smartphone market, having just releasedits first MeeGo smartphone today. According to the NYTimes, Elop is expected to announce his strategy for turning around Nokia at a presentation in London on Friday. Read the full memo here: Hello there, The 💜 of EU tech...