Bloomberg has today revealed that two people with knowledge of the terms regarding the Nokia/Microsoft Partnership announced in Mobile World Congress 2011 earlier last month, have stated that Microsoft will pay Nokia around $1 billion to promote and develop Windows Phone-based handsets as part of their smartphone software agreement. Hit the jump to find out more.

Nokia has today launched its lowest ranked device in the Xseries line-up in the form of the bold, bright and very loud Nokia X1-00. This music lovers’ handset sports a huge speaker on the back of the device rated at 106 phon, apparently enough volume to rattle your window frame. With an estimated retail price of around €35 EUR, the Nokia X1 will be available in select markets in April. Hit the jump to find out more.

The guys over at PhoneArena previously published a great video preview of the Nokia E7, when they managed to get there hands on a prototype in late January. Well today they’ve got there hands on the real thing, and put together another great video, this time reviewing Nokia’s Communicator successor. Hit the jump for the video.

The folks at Soundtrckr have released a new version of the Geosocial Internet Radio application that lets you listen to over 8 million tracks, and share your music with people within your locality. Soundtrckr v1.2 brings Facebook integration as well as performance improvements to this Symbian^3 and S60 5th Edition app. Hit the jump to find out more.

Digia has announced that it is set to acquire the Qt commercial licensing and services business from Nokia. Through the proposed acquisition, around 3500 desktop and embedded customer companies from various industries are targeted to be transferred to Digia, with the transaction expected to close by the end of March 2011. Hit the jump to find out more.