Square Inc.’s valuation has surged to $1 billion on the heels of a fresh venture financing round totaling $100 million. Led by Kleiner Perkins Caufield & Byers, with participation from Tiger Global Management, the new funding will be used by …
enterprise
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TelePacific Communications, an IP, voice, data and Internet services company , announced today that it will acquire Tel West, an Austin-based voice, data and Internet service provider. Specific financials of the deal were not disclosed. Tel West provides services to …
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I recently had a chance to attend the Hospitality Industry Technology Exposition and Conference (HITEC), billed as the world’s largest hospitality technology conference, which recently concluded in Austin, Texas and ran June 20-23. As it turns out, the conference’s producer …
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Texas companies Interphase Corp. (INPH) and Diodes Inc. (DIOD) both made recent announcements concerning expansion. The Plano-based companies are both involved in the wireless market in networking and components, respectively. Interphase Corp., a developer of hardware networking products, announced that …
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A new fixed wireless access service from Sprint Nextel Corp. (S) is being targeted at the enterprise. If successful, Sprint 4G Enterprise WAN (wide area network) could replace traditional wired options by connecting businesses to the carrier’s multiprotocol label switching …
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More than 2.5 billion wireless subscribers are expected to use mobile payment services by 2015, according to a new report from Juniper Research. Representing a 40% growth rate from 1.8 billion projected users this year, the firm said tickets for …
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The Austin Chamber of Commerce is helping to facilitate an idea to launch a startup district and workplace downtown to rival those seen in Boston and Silicon Valley. The proposed name of the district is “Austin Live,” which would serve …
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Austin-based tablet manufacturer Xplore Technologies Corp. (XLRT) today announced a net loss of $6.3M for the year ending on March 31, deepening a hole that was at $5.5M from the same quarter last year. Revenues at the company listed at …
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GUANGZHOU, China – China Telecom is revamping its enterprise-focused practice to better help those vertical-market customers conduct their business more efficiently, said Liang Zhiping, director of VIP Customer Department at China Telecom Group.Zhiping, speaking at the Global CDMA Operation and …
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Editor’s Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this …
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Antitrust regulators in the United States have given Apple Inc. (AAPL) the go-ahead to bid on Nortel Networks Corp.’s (NRTLQ) patent portfolio comprised of at least 6,000 patents. The company got the green light following a review at the Justice …
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PayPal has revised its projected 2011 revenue for mobile payments for a third time this year to $3 billion. Earlier projections from the company pegged mobile revenue at $1.5 billion and then $2 billion.“Mobile payments are growing at a rate …
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AT&T Inc. (T) is embracing the cloud one step further with a new content delivery network set to launch by late September. The cloud-based AT&T Content Delivery Network is aimed at improving the delivery and speed of media-rich content like …
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Ford Motor Co. (F) is expanding its Sync AppLink platform to 10 vehicles in 2012. The car maker tapped the 2012 Fusion, Fusion Hybrid, Fiesta, F-150, F-150 SVT Raptor, Super Duty, Expedition, E-Series, Mustang and the Shelby GT500 for the …
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It’s still at least six months away but when Isis launches its mobile commerce platform in the first half of 2012, Austin will be among the first cities in the country to serve as a test bed. The joint venture …
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Sprint Nextel Corp. (S) has launched a centralized portal to enable customers to manage and control their machine-to-machine (M2M) devices and services. The Sprint Command Center enables business to control provisioning, billing, management and development of their M2M offering.Via Web …
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NOVI, Mich. — RCR Wireless News hit the show floor here at Telematics Detroit earlier this month to get a sense of where mobile is shaking things up in the auto industry and capture some of the latest in-vehicle technology …
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Nortel Networks Corp. (NRTLQ) is delaying the auction of its patent portfolio to field a new level of interest from the likes of Apple Inc. (AAPL) and Intel Corp. (INTC). The two Silicon Valley giants have entered the fray with …
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Editor’s Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this …
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DEARBORN, Mich. — Here at Ford Motor Co.’s (F) headquarters, Doug VanDagens is preparing to rapidly expand the size of his connected services team over the next three to four years. The global director of the connected services group at …
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Smartphone pioneer Research In Motion Ltd. (RIMM) could use some wind in its sails. Revenue is down 12% from the previous quarter, an unknown number of job cuts are planned throughout the company and its next set of BlackBerry devices …
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WARREN, Mich. — Like many of its competitors, General Motors Co. (GM) has adopted infotainment and telematics as one of its technical pillars. The company is working to roll out a pair of branded infotainment hubs — MyLink for Chevrolet …
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Macheen Inc., an Austin-based mobile broadband service provider for retailers and device makers, announced that the company raised $10 million to put into product innovation, sales and marketing. Founded in 2009, Macheen has now raised a total $12.75 million to …