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  • Monitise 3

    Monitise to undergo strategic review; warns on full year revenue Edit Post

    Monitise has appointed advisers to help review its “strategic options”, which could include selling the business, as it announced that it expected FY2015 EBITDA losses of around $60-76 million. The company said its board believes “there may be other businesses which could leverage its capabilities for digital commerce enablement to significantly accelerate the growth of the ...

  • eBay

    Changes leave eBay, PayPal more open to takeover bids Edit Post

    eBay announced a number of corporate governance changes that could make itself and its PayPal unit more attractive takeover targets when they are spun off later this year. In addition, the company announced 2,400 job cuts, or 7 per cent of its workforce, and is now looking to spin off another part of the business called ...
  • Amazon

    Amazon pulls plug on mobile wallet app Edit Post

    Amazon has decided to discontinue its mobile wallet beta app, launched six months ago on Amazon Appstore and Google Play, which allowed users to store and organise gift and loyalty cards, CNET has reported. These cards would then become available as a barcode, QR code, text or image, enabling them to be redeemed at the point-of-sale. Amazon has told ...