For most folks, news of heightened venture capital activity, especially when centered on a particular hot industry trend, should conjure a very appealing mental image: Jobs.
Today, LifeStreet Media, a mobile advertising platform vendor, announced a $66 million investment from Nautic Partners. In addition...
Mobile phone giant Nokia said it has filed claims involving 45 of its patents in the United States and Germany. The patent lawsuits take aim at products by HTC, ViewSonic and BlackBerry-maker Research in Motion.
"Though we'd prefer to avoid litigation, Nokia had to file...
Seoul Broadcasting System is reporting that Korea's National Tax Service is asking Samsung to pay about $350 million (400 billion KRW) in additional taxes after authorities reportedly uncovered tax evasion and transactions with overseas subsidiaries at non-market prices.. Samsung has been under investigation by...
Motorola Mobility (MMI) appears to be another victim of Samsung's dominance in the smartphone market. The company lost $86 million in the first quarter on revenues of $3.1 billion. Losses would have been even steeper without the positive contribution of the company's cable box...
Beleaguered BlackBerry-maker Research In Motion (RIMM) gave away thousands of free phones to software developers today as it kicked off its annual BlackBerry World conference in Orlando, Fla.
The Canadian company realizes that the lack of a software ecosystem is crippling its once-dominant line of...
Microsoft's decision to invest in Barnes & Noble's Nook has some of its loyal corporate customers wondering if the Nook might become a Windows 8 tablet that could bridge the gap between consumers and corporate IT departments. Many chief technology officers have been eagerly...
Shares of Barnes and Noble (BKS) skyrocketed today on news that Microsoft (MSFT) will invest $300 million in a new subsidiary Barnes and Noble is forming to market and distribute its Nook tablet. Microsoft will also develop software for the Nook, even though it...
A California judge has ordered Samsung and Apple to send their CEOs and top lawyers to settlement talks next month. Tim Cook and Choi Gee-sung will meet May 21 and 22 in the San Francisco court of Judge Joseph Spero, a judge who is...
At times, it appears as though wireless industry giants such as Verizon Wireless, Sprint Nextel, AT&T Mobility and T-Mobile USA can do just about anything they want. Especially in the U.S. the size and reach of the largest operators enable them to operate with...
Samsung's Galaxy may now outshine even Apple in the smartphone market, and analysts say the Korean giant has surpassed Nokia as the world's leading handset vendor. Samsung does not report the number of phones shipped each quarter, but 93 million is the estimate from...
Brazilian workers in the city of Jundiaí have threatened to go on strike against Taiwanese manufacturer Foxconn beginning May 3 if the company does not fix problems related to water, food, and transportation. Local newspaper Jornal de Jundiaí first reported the situation on April 25.
Evandro Santos, director at...
Boosted by the growth of smartphone use, mobile banking is on track to become as common as Internet banking in Brazil during the next five to seven years, industry analysts say. From 2010 to 2011, current mobile banking accounts grew by 49% to reach...
Apple (AAPL) put a shine on the US stock market Wednesday, rising 9% and regaining most of the ground lost earlier this month. Fears that the engine of the mobile revolution might be slowing down were quickly put to rest yesterday when Apple once...
If up to this year companies only investigated enterprise mobile solutions, 2012 might prove to be a milestone year for companies to finally include them in their IT strategy, Paulo Camara, mobility services manager at Ci&T, said in an exclusive interview.
“We are facing a...
The world's largest mobile phone maker confirmed today that sluggish smartphone sales have depressed sales and earnings. Today Finland's Nokia (NOK) attached some numbers to last week's announcement that its devices and services unit would lose money during the first half of 2012. Nokia...
Over the span of five years, smartphones, mobile broadband and the ongoing transition to all-IP networks has transformed the mobile industry. While revenues have grown across every sector in the market, startups are increasingly eating into network operators’ legacy revenue streams. Wildly popular over-the-top...
RCR Wireless News announced today that Jason Marcheck has joined its executive team as Managing Director for News, Insights and Analysis. Jason joins RCR Wireless News from Current Analysis where he served as a Principal Analyst and Director of Custom Research.
In addition to...
RIO DE JANEIRO - There will not be a unique frequency band for deploying LTE in Latin America. However, planned auctions and current LTE trials suggest that AWS (1700/2100 MHz) and 2.6 GHZ are likely to be the most common bands as Brazil, Chile,...
Having taken over the Spring Break spot on the calendar once occupied by its larger brethren CTIA, the RCA - The Competitive Carriers Association this year is going all-in hosting the 2012 Competitive Carriers Global Expo at the Walt Disney World Dolphin Resort in...
Less than a month after raising $100 million in a deal that valued it at ten times that amount, Square is reportedly considering a new round of financing that could value it at up to $4 billion. $4 billion is also the amount that...
RIO DE JANEIRO – The next evolution of telecommunications so-called fourth generation will enhance user experience by improving Internet capacity. “It brings the same experience to the mobile environment as the fixed world,” said Oi’s technology consultant Alberto Boaventura.
“It is all about lifestyle and possibilities....
Moody's Investors Service has downgraded Nokia's long-term credit rating by one notch to Baa3, just one level above non-investment grade, or "junk" status. The rating agency also left a negative outlook on Nokia, meaning a further downgrade could be next if sales of the...
RIO DE JANEIRO – Back in September 2007, Venezuelan pay-tv company Movilmax started to provide WiMAX access to people in Caracas, the country’s capital. After having attracted 10,000 subscribers to the service, the company plans to migrate the network to LTE technology and expand...
IT consumerization and the bring-your-own-device (BYOD) trend are changing companies and as consequence, their IT departments. If a couple of years ago, a company's chief information officer (CIO) was “the man” who decided all, current employees – and many high-level executives – are now...
