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Jolla to launch Nokia-powered smartphone

Finland-based tech startup Jolla Ltd announced that it will launch of its first pricey smartphone called Jolla on Nov 27, which is powered by Nokia's obscure MeeGo software.


US Postal Service ends fiscal year with USD5 billion loss

The troubled US Postal Service (USPS) reported an annual loss amounting to USD5 billion for the fiscal year that ended on September 30 despite efforts to improve profitability.

Gmail for iOs gets updates for tablet version

This week, Google rolled out an iPad-focused update to its Gmail for mobile apps, which can be downloaded for free in the Apple iTunes Store.

Social messaging startup Jongla racks up EUR1.4 million in funding

Finland-based mobile social messaging startup Jongla recently raised EUR1.4 million in a funding round from Oy Ingman Finance to be used for the development of its youth-oriented messaging app.


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Boston-based tech startup Shuttersong raised USD1.675 in seed funding for the development of a unique app that lets users embed sound clips into JPEG images.
With the IPO of microblogging service Twitter recently concluded, the 3% shareholdings of Kingdom Holding initially worth USD300 million in 2011 is now worth USD900 million.
China's Internet giant Tencent Holdings Ltd. made a move to shower Silicon Valley's app maker Snapchat with a USD200 million investment.
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