Navteq

(Newser) - Furthering its plans to transform into a mobile Internet company, Nokia has announced a corporate reorganization into three divisions: devices, software and services, and markets. It’s the focus on software and services, Fortune writes, that’s exceptional for the world’s largest phone manufacturer, and signals the seriousness of...

(Newser) - Garmin, the world’s top GPS producer, dropped its $3.3 billion bid for mapmaker Tele Atlas yesterday, allowing rival TomTom to seal the deal. That may prove a long-term disadvantage for Garmin, but investors love the non-deal, sending shares up 16%, their best gain in five years. “There’...