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Pandora calls artist royalties flap an orchestrated 'lie'

2013-06-27 05:45:00| CNET News.com

Co-founder Tim Westergren charges the RIAA with running a "misinformation campaign" and denies lobbying for an 85 percent reduction in artist royalties. [Read more]

Tags: artist calls lie pandora

Nokia sees Microsoft support payments higher than royalties

2013-03-07 16:55:00| Telecompaper Headlines

(Telecompaper) Nokia announced that it expects to receive more in support payments from Microsoft this year than it pays the software company for licensing its Windows Phone operating system. Nokia provided more details on the terms of the long-term cooperation in its SEC filing on 2012 results. The Finnish company said the support payments, which amounted to USD 250 million per quarter last year, will "slightly exceed" the minimum software royalties it pays Microsoft in 2013. Over the life of the contract, the reverse is true. Nokia said royalties are expected to exceed support payments by around EUR 500 million over the remaining life of the contract. In its SEC filing, Nokia also reiterated its longer-term financial targets. For its Devices & Services business, Nokia targets net sales to grow faster than the market and an adjusted operating margin of 10 percent or more. Longer-term, Nokia Siemens Networks continues to target an adjusted operating margin of 5-10 percent.

Tags: support higher microsoft payments

Obama's plan to fund clean cars with oil royalties faces tough test

2013-02-25 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: With a couple of lines tucked into his State of the Union speech this month, President Obama pitched the tent for a three-ring circus starring advocates with competing agendas: controlling greenhouse gases, expanding fossil fuel development and conserving open spaces. The idea Obama proposed would siphon $2 billion from the swelling oil and gas royalties the government expects to collect over the next decade and devote it to federally sponsored clean-car research that has been starved for cash....

Tags: plan test cars clean

Nokia's Windows Phone royalties to exceed $1bn per year

2013-01-25 18:36:08| MobileTechNews

Microsoft provided payments to Nokia during their transition to the Windows Phone OS. Now the tables are turned according to Nokia financial results published yesterday.

Tags: year phone windows exceed