Nokia (NOK) has scrapped a software project it had hoped would compete with Google's (GOOG)...

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia (NOK) has scrapped a software project it had hoped would compete with Google's (GOOG) Android, sources say. The Linux-based software platform, code-named Meltemi, would have replaced Nokia's aging Series 40 software, but was reportedly abandoned as part of a massive cost-cutting effort.