Nokia's woes might call for Microsoft aid

LONDON (Reuters) - Addressing Nokia Oyj employees in January 2011, Chief Executive Stephen Elop - at that point only four months into the job - dramatized the company's predicament by comparing it to standing on a burning platform.

Nokia Oyj named Stephen Elop, head of Microsoft Corp.’s business unit, as chief executive officer. Mr. Elop, a 46-year-old Canadian, will take over as president and CEO starting Sept. 21.