Among other things, Z Launcher shows a list of frequently-accessed apps and contacts on a phone's home page, and allows users to search for local and Web content by scribbling letters with their fingers.
Z Launcher is unlikely to move the needle much for Nokia, especially since plenty of alternatives exist. But it appears to be a sign of things to come in the post-Microsoft era. Nokia exec Brook Eaton: "At the end of the day, we're now able to explore new ways to get to market, which we didn't have to first deliver in house ... We're unhandcuffed."
Shares are lower today as a result of trading ex-dividend.