[News] Jolla agrees debts, financing of $12M, new employees

Application for debt restructuring cancelled. Year 2016 secured with new financing. New employees being interviewed.

In autumn 2015 there were sad news: Employees laid off, debts on hold, file for debt restructuring. Jolla's 3rd death valley, pretty close to actual bankruptcy, was passed on December and now Jolla shares quite positive news.

This is a news analysis on Jolla's Press Release published on May 3, 2016, reflecting the latest news to those shared back in 2015. Sailfish OS seems to be having the sails up quite well right now. Will there be some wind too?

Promise on Sailfish OS Turing Phone by TRI

...gone fishing in Salocon Valley

April 2016 launch of Turing Phone, specially encrypted smartphone, cover and speaker made of some "neverdonedinium" 2.5 times stronger than titanium. Promised by Turing Robotic Industries Corp. TRI has a deal with Jolla on using the Finnish mobile operating system Sailfish OS.

Updates: 8th postpone of shipping. Registering done. Jolla announces the license. Trademark abandoned. Production delayed. Link to video. (Follow up post also updated.)