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    WhatsApp smashes 500M user barrier Edit Post

    WhatsApp reached 500 million monthly active users as the mobile messaging service saw its fastest growth in markets such as Brazil, India, Mexico and Russia. The company, which is currently in the process of being acquired by Facebook for $19 billion, added in a blog post that its users are sharing more than 700 million photos ...
  • apple 2

    Apple looks for execs to lead mobile payments push Edit Post

    Apple has been interviewing senior execs from the payments industry as it looks to develop a plan to offer online and physical payments through its devices, according to Re/code. The company has been interviewing potential applicants to fill two new positions as it looks to leverage the hundreds of millions of customer credit cards it holds ...
  • Square

    Payments firm Square in talks with Google, others about possible ... Edit Post

    Mobile payments firm Square has discussed a possible sale to Google because it is running out of cash, according to The Wall Street Journal. Discussions between the two companies about an acquisition took place earlier this year, said the report which spoke to three people familiar with the matter. Previously, Square and Google executives met in 2012 ...
  • LG smartwatch

    LG adds some colour to G Watch Edit Post

    A few more details are beginning to emerge about LG’s upcoming G Watch, including the fact there’ll be two colour options – ‘stealth black’ or ‘champagne gold’. Among other additional snippets of information, which appeared on LG’s official site, are that the smart watch will display the time constantly. (By contrast, the display on Samsung Gear ...
  • The logo of America Movil is seen in the company's new corporate offices in Mexico City

    America Movil injunction against regulator to receive hearing Edit Post

    An injunction request filed by America Movil against new rules designed to curb its dominance in Mexico is being examined by a court, according to Reuters. America Movil was ruled to be dominant by the newly created Federal Telecommunications Institute (IFT) in March due to its 70 per cent share of the Mexican mobile market, and ...

  • china mobile

    China Mobile profits squeezed; “severe challenges” from internet players Edit Post

    Profits at China Mobile, the world’s biggest mobile operator, have fallen sharply as internet-based competition takes its toll. In selected and unaudited KPIs released by China Mobile for the three months ended 31 March, profit attributable to equity shareholders – year-on-year – slumped 9.4 per cent, to CNY25.2 billion ($4 billion). EBITDA margin, a guide to operational ...
  • Nokia

    Nokia, Microsoft set to close deal but with changes Edit Post

    Nokia expects the €5.4 billion sale of substantially all of its Devices & Services business to Microsoft to close on 25 April but said a major manufacturing site in India, which is at the centre of a dispute with the country’s tax authorities, might be excluded from the deal. If the deal does close this Friday ...


  • Google

    Shift to mobile advertising hits Google Edit Post

    Google’s first-quarter results reflected how the trend for greater advertising on smartphones and tablets is less lucrative for the search giant. Although Google’s revenue climbed 19 per cent to $15.42 billion compared to $12.95 billion in the same period last year, the performance was below analysts’ expectations. Likewise, although total advertising volume rose 26 per cent, the ...