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Nokia admits virtual reality isn't booming, cuts 310 jobs

Nokia has announced it's cancelling its innovative OZO VR camera and cutting over 300 jobs involved with its virtual reality business. The company said VR is growing at a "slower-than-expected" pace and it has acted to "optimise" its industry presence.

Nokia unveils its new flagship smartphone

Nokia has officially announced the Nokia 8, the company's anticipated flagship Android phone. Since the brand returned to the smartphone market this year, it has concentrated on the mid-range sector. It's now turning its sights towards a premium product.

Nokia's 360-degree virtual reality camera costs $60k, on sale now

Nokia's first virtual reality product is now available for pre-order at an asking price of $60,000. The ground-breaking OZO camera is aimed at professional filmmakers and shoots 360-degree VR video for next-generation entertainment experiences.

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