On Wednesday, Finnish handset maker Nokia announced that it has partnered with Groupon for promoting deals on maps on its Lumia line of smartphones --- a move which Nokia is banking on to gain a leading edge in a swarming space competing for the attention of cellphone users in the US.

The Chief Executive of Nokia, Stephen Elop claimed that concerns over Google’s forecast to buy Motorola for $12.5 billion can be justified and said that the move toughened the grounds for Nokia's agreement with Microsoft.

Stephen Elop is said to have taken up as the CEO at Nokia Corp. Also Division President Robbie Bach is due to retire this year. Robbie Bach was handling included Microsoft's mobile and games businesses, reportedly.

Following this, there has been a reshuffling in the Executive ranks at Microsoft Corp. Three new President Names have been put up for; decision is to be made as to, who is going to lead its Office.

DelBene is said to have been promoted to the post of President of the division from, senior Vice President in the group.

Renowned Finnish handset manufacturer Nokia is reportedly mulling over plans to adopt Microsoft’s yet-to-be-launched Windows Phone 7 operating system.

Website Venture Beat reported that Nokia’s newly appointed chief executive Stephen Elop, who previously served Microsoft, could look at using Windows Phone 7 operating system in addition to Symbian.

The website also claimed that Mr. Elop’s new strategy on operating systems and alliances have already been approved by the world’s biggest hand manufacturer.

On Friday, Nokia Corp. appointed Microsoft Corp's Stephen Elop, 46 as its new CEO, replacing Olli-Pekka Kallasvuo.

The move has been taken as the phone makers want to revolutionize their business, which is witnessing a profit slump with the entry of new players.

"The Nokia Board believes that Stephen has the right industry experience and leadership skills to realize the full potential of Nokia", said Jorma Ollila, Nokia's Chairman.