12:10 PM -- Nokia Corp. (NYSE: NOK) may be due some good news following a run of downbeat announcements, but the Finnish handset giant will have to wait a bit longer for that ray of sunshine. (See Nokia Boss Declares War on Android, Euronews: Nokia Dismisses Sale Rumor and Nokia Lowers Outlook, Shares Slump .)

The company's CTO Rich Green, who joined the firm's leadership team in February, has already jumped ship, reports Bloomberg. Nokia says he's taking some time off for personal reasons -- but the rumor mill says that's not right. (See Nokia's New Top Team.)

Finnish newspaper Helsingin Sanomat suggests Green quit over the decision to sideline the MeeGo operating system, a move that coincided with Nokia's decision to team up with Microsoft Corp. (Nasdaq: MSFT) for its mobile device operating system requirements. (See MWC 2011: Adios, MeeGo.)

Oh, Nokia -- where did it all go wrong? (Answers on the message boards, please...)

— Ray Le Maistre, International Managing Editor, Light Reading