Nokia and Siemens in Iran controversy

A venture between Nokia Corp. (NOK) and Siemens AG (SI) mentions in its Code of Conduct that it will respect the rights laid down by the United Nations' Universal Declaration of Human Rights. The statement did not seem to apply to its business in Iran.

According to the Wall Street Journal, the European companies sold Iran the technology for what's known as deep packet inspection, which the paper says "involves inserting equipment into a flow of online data, from emails and Internet phone calls to images and messages on social-networking sites such as Facebook and Twitter."