Is a peek into the future worth your privacy in the present? That concern was pushed to the spotlight this week with the resurgence of a smartphone app that uses artificial intelligence to transform your current face into your younger and older selves. People raised fears on Twitter and other social media sites that on iPhones, FaceApp would be able to see and upload all your photos, including screenshots with sensitive financial or health information or photos of children with the names of their schools in the background. That's not actually true, but the scuttle serves as a good reminder to think twice before downloading new apps. Even large, mainstream apps routinely collect user data.

Myths and risks seen in FaceApp use

The Finnish mobile phone and network equipment maker Nokia has all intentions to buy Comptel for nearly 370 million USD.

The move aims at expanding Nokia&#39;s software services business. Once one of the most prominent mobile phone producers, the company has recently struggled to meet the demand of faster 4G mobile broadband equipment.

Comptel is a company specialised in in building software-based mobile data communications solutions.&nbsp;

Last year Nokia bough Franco-American group Alcatel-Lucent in a nearly 16.7 billion USD all-share deal and is cutting thousands of jobs in order to reduce annual costs by 1.3 billion USD by 2018.

Nokia said its customers were now turning to software to make their networks more intelligent

&quot;The planned acquisition is part of Nokia&#39;s strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities with additional sales capacity and a strategic partner network,&quot; Nokia said in a statement.

The cash offer, 3.25 USD per share, represents a premium of 29 percent compared with Comptel&#39;s last closing price.

Comptel, which had sales of about 100 million euros in 2016, said its board of directors, and shareholders that hold about 48 percent of the shares backed the offer.

(WION with inputs from Reuters)

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The Finnish network equipment maker said the move aims at building "a standalone software business at scale"

The Finnish mobile phone and network equipment maker Nokia has all intentions to buy Comptel for nearly 370 million USD. The move aims at expanding Nokia's software services business. Once one of the most prominent mobile phone producers, the company has recently struggled to meet the demand of faster 4G mobile broadband equipment. Comptel is a company specialised in in building software-based mobile data communications solutions. Last year Nokia bough Franco-American group Alcatel-Lucent in a nearly 16.7 billion USD all-share deal and is cutting thousands of jobs in order to reduce annual costs by 1.3 billion USD by 2018. Nokia said its customers were now turning to software to make their networks more intelligent "The planned acquisition is part of Nokia's strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities with additional sales capacity and a strategic partner network," Nokia said in a statement. The cash offer, 3.25 USD per share, represents a premium of 29 percent compared with Comptel's last closing price. Comptel, which had sales of about 100 million euros in 2016, said its board of directors, and shareholders that hold about 48 percent of the shares backed the offer. (WION with inputs from Reuters)

Nokia plans to acquire software building company Comptel for 370 million USD

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Myths and risks seen in FaceApp use

Nokia plans to acquire software building company Comptel for 370 million USD