Nokia on Friday said it acquired “certain assets” of “micro-social networking” start-up Plum Networks. Terms of the deal were not disclosed.

The acquired Plum assets will become part of Nokia’s Services unit, according to the phone maker. “Plum will complement Nokia’s Social Location services,” a Nokia spokesperson said. Co-founded several years ago by serial entrepreneur Hans Peter Brøndmo and engineer Margaret Olsen as a social-bookmarking site, Plum has since sought to carve out a niche for itself in the saturated social networking market.

“Plum Groups is a service for those of us that want to share the more private parts of our lives

A report in the U.K.’s Sunday Telegraph that Deutsche Telekom AG is considering buying Sprint Nextel sent the U.S. carrier’s stock surging on Monday, up 11% this afternoon. Citing unnamed sources, the article said the company could make a bid for Sprint in the next few weeks.
The merger would give fourth-ranked carrier T-Mobile and third-largest Sprint a combined 78 million U.S. mobile customers and position the new entity as a more formidable competitor to Verizon Wireless and AT&T. At least one analyst welcomed the deal as beneficial to the entire …