Mobile/Wireless

Telecom Italia rebel investor Marco Fossati opposes enforced sale of TIM Brasil

Telecom Italia's activist investor Marco Fossati campaigned against the enforced sale of TIM Brasil. Brazil's competition regulatory body ruled earlier this week that Telecom Italia must divest its stake in the Brazilian mobile carrier.


Ryan Seacrest invests USD1 million to develop iPhone keyboard

Former American Idol host Ryan Seacrest invested USD1 million to develop a prototype of Typo Keyboards, a simple device that functions as an attached keyboard for iPhone 5 and 5S.

US chat app Snapchat raising another $55M with $2B valuation

US-based messaging app Snapchat is raising another USD55 million just six month after it raised USD60 million in its Series B round, pushing the app's valuation to around USD2 billion.

Bitcoin extends reach to average consumers with mobile apps

The market in mobile payment or transaction apps using Bitcoin as a payment option is being fueled by a growing interest in average consumers who view payments via their smartphones as an easy way to settle their dues.


Latest News

Colorado firm CSG has bought the key assets of mobile and broadband policy and charging solutions provider Volubill in a deal that will help CSG expand its market reach.
The US Federal Communications Commission (FCC) has approved Verizon's to buyout of Vodafone's stake in Verizon Wireless for USD130 billion, giving Verizon full ownership of the said network.
India-based mobile operator Bharti Airtel has raised EUR750 million in a bond issue that received bids worth EUR3.8 billion. The bond issue aimed to refinance the company's existing debt.
China Mobile Ltd. has reportedly entered a deal with Cupertino-based tech giant Apple Inc. to offer iPhones to its more than 700 million subscribers. China Mobile earlier this week received its 4G license from the Chinese government.
Yahoo has purchased Los Angeles-based Dreamworks Animation-incubated mobile video app Ptch, which will shut down on January 2, 2014, in a deal with yet undisclosed financial terms.
The Federal Trade Commission in a statement said the US government approved Microsoft Corp.'s acquisition of Nokia's mobile phone business on November 29. The European Union is set to decide on the matter on December 4.
Private equity firm Thoma Bravo's quick flip of Digital Insight to NCR Corp just 124 days after it acquired the firm from Intuit was highly profitable for the company, a report from The New York Times The Dealbook said.
According to Financial Times, the Bitcoin fever has caught on to Silicon Valley with digital currency companies getting venture capital financing in their early rounds.
New music-focused messaging app for the iPhone PingTune was able to raise GBP1 million or USD1.6 million from seed investors Rupert Hambro of JO Hambro and serial entrepreneur Dominic Perks.
An article on The Washington Post gave a list of seven apps that would reportedly help users get good deals and breeze through Black Friday shopping.
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