A U.S. appeals court sided with Alcatel-Lucent <ALUA.PA> and Nokia <NOK1V.HE> on Wednesday, upholding a lower court's finding that a Golden Bridge Technology cellphone patent was invalid.

Nokia chairman Risto Siilasmaa on Thursday defended an 18.8 million euro ($25.4 million) payoff to former chief executive Stephen Elop as part of Microsoft’s takeover of its mobile phone unit ...