# Nokia's Failed Smartphone Race and Other Policy Stories An inside look at Nokia's struggle against iPhone and Android. - **Source:** [The Big Picture](https://ritholtz.com) - **Published:** 2026-07-19 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/a1f1c9b4-616a-4bf9-afa0-2e0bb6778abd ## Nokia's Race Against iPhone and Android IEEE Spectrum published an oral history detailing Nokia's struggle to keep up with the smartphone revolution. The analysis explores why Nokia failed despite foreseeing the future. This serves as a case study in how incumbents fall behind innovative competitors. ## CDC's Cyclospora Lab Cuts WIRED examines budget cuts at the CDC that have weakened its ability to respond to Cyclospora outbreaks. A former CDC lab director explains how these cuts impact rapid response efforts. Such reductions in public health funding can have serious consequences. ## SEC's Email Address Confusion The SEC's proposal to eliminate semi-annual reporting requirements caused confusion due to an incorrect email address. Nonprofit Better Markets noted this error prevented public input on significant corporate reporting changes. This highlights how mismanagement can disrupt regulatory processes. ## The Golden Age of Insider Trading Truth Social launched a paid data feed offering fastest access to Trump's posts. Separately, a White House teleprompter operator allegedly profited over $100K using insider knowledge of Trump's speeches. These examples show how insider trading has proliferated. ## Counterfeit Airbag Parts The Wall Street Journal investigates how counterfeit airbag parts are killing U.S. drivers. Regulators struggle to trace these dangerous components and warn consumers about used cars. This exposes critical gaps in consumer safety protections. ## AI's Impact on Software Engineers Businessweek explores how artificial intelligence is transforming software engineering. Coders are adapting to AI-driven changes, reshaping their profession. This demonstrates technology's radical impact on the workforce. ## Sources covering this story - https://ritholtz.com/2026/07/10-sunday-reads-238/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._