Photo: Nokia

Finnish network gear-maker Nokia has hired advisers to consider merger possibilities, asset sales or other strategic alternatives, according to a report Wednesday from Bloomberg.

Why it matters: Although Nokia has been struggling amid intense competition, it is one of only a handful of companies that make gear for 5G and other cellular networks, an area of increasing geopolitical focus and concern.

A Nokia representative was not immediately available for comment.

The big picture: The Trump administration, in particular, has been concerned with who builds and runs cellular networks, with Attorney General Bill Barr recently suggesting the U.S. find ways to take a stake in Nokia or Ericsson, which along with China's Huawei, is dominating the telecommunications equipment business.

Nokia is best known for its phones, although the company sold that business several years ago to Microsoft and used the brand to sell its Windows phones before exiting that business.

  • Now, Android phones are sold under the Nokia brand, but those are made by another company, HMD Global, under a licensing agreement.

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Amy Harder, author of Generate
2 mins ago - Energy & Environment
Column / Harder Line

Big Tech takes the climate change lead

Photo illustration: Aïda Amer/Axios. Getty Images photo: Jit Chattopadhyay/Pacific Press/LightRocket

The tech industry is playing a growing role in fighting climate change, from zero-carbon commitments to investments in startups and pushing for the use of data to encourage energy efficiency.

Why it matters: Big Tech is already dominating our economy, politics and culture. Its leadership in helping to address climate change — and reckon with its role in contributing to it — could have similarly transformative impacts.

Lindsey Graham says he will vote for Ginsburg's replacement before next election

Sen. Lindsey Graham. Photo: Tom Williams-Pool/Getty Images

Sen. Lindsey Graham (R-S.C.) on Saturday said he plans to support a vote on President Trump's nominee to fill the vacancy left by Supreme Court Justice Ruth Bader Ginsburg, who died on Friday, before the election.

Why it matters: Graham in 2016 opposed confirming President Obama's Supreme Court nominee, Merrick Garland, because it was an election year.

Updated 52 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 30,588,989 — Total deaths: 953,482— Total recoveries: 20,832,830Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 6,745,190 — Total deaths: 198,921 — Total recoveries: 2,556,465 — Total tests: 93,150,052Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: The dwindling chances of eliminating COVID-19.
  5. World: Guatemalan president tests positive for COVID-19.