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UK Femtocell Maker picoChip Gets $20 Million VC Funding
UK femtocell maker picoChip has secured $20 million (£12.1 million) in VC funding from a host of investors including Altas Ventures, Highland Capital Partners and Pond Venture Partners. Also joining the round are Intel ( NSDQ: INTC ), ...
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Spotify's S60 App Gives It A Greater Shot At Carrier Deals
Spotify already previewed its in-development Symbian S60 app in September. Now it’s ready, giving the music service a much wider mobile footprint (Symbian runs half the world’s smartphones). Premium users can download the ...
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mocoNews Quick Hits 11.20.09
»   Mobile ads aren’t a big hit with consumers. [ MediaPost ] »   Personal Navigation Devices (PNDs) like TomTom will hit their sales peak in 2012. [ Mobile-Ent ] »   Nokia ( NYSE: NOK ) is ...
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New Discount App Offers Up Redbox Promo Codes
Renting Redbox movies is extremely inexpensive—the 99-cent per night rentals are why the company is currently battling three of the big Hollywood studios—but a new iPhone app is aimed at making it even cheaper. The app, ...
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Samsung Omnia II With New 'Genius Texting' Coming Dec. 2
Several reports leaked out today that Verizon Wireless ( NYSE: VZ ) will start selling the new Samsung Omnia II starting Dec. 2 for $200. But the cool part of this announcement, which was mostly neglected in all the fuss, is that this ...
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Motorola Buys RadioFrame Division For Undisclosed Terms
Motorola ( NYSE: MOT ) said it is buying a division of privately held RadioFrame Networks, which makes network equipment for Sprint’s Nextel division. The iDen base station technology will become part of its Motorola’s Home ...
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mocoNews Quick Hits 11.20.09
»   Mobile ads aren’t a big hit with consumers. [ MediaPost ] »   Personal Navigation Devices (PNDs) like TomTom will hit their sales peak in 2012. [ Mobile-Ent ] »   Nokia ( NYSE: NOK ) is ...
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Boku Upgrades Mobile Payments Platform; Adds 12 New Publisher Partners
Mobile payments provider Boku is gaining traction, seemingly evolving into the chosen platform for social and casual gaming companies that want to make it easier for their users to pay for virtual goods and downloads on-the-go. The ...
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Gameloft May Be Cutting Back On Android Development, But Not Everyone Else Is
The iPhone store is processing about five times more downloads than its Android counterpart, and according to sentiments from mobile gaming company Gameloft, it’s a trend that will continue, because there will be fewer ...
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Deutsche Telekom Looks For 4G Wireless Partners In The U.S.
A fresh set of rumors are circulating that Deutsche Telekom ( NYSE: DT ) is looking for a partner in the U.S. to help finance a high-speed data network for its T-Mobile wireless subsidiary. Reuters reports that the German paper ...
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Why Sony's Planned Music Store Won't Start Out As A Serious iTunes Challenger
Sony keeps flip-flopping over adding music downloads to the PlayStation Network (PSN). After scrapping plans to add a music store to the gaming network—complete with the ability for gamers to port tracks to the handheld ...
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Nokia To Reduce Research & Development Costs With Layoffs
More layoffs for Finnish mobile giant Nokia: The company says it will cut up to 330 research and development (R&D) positions, to streamline costs and stay focused on its new, trimmer product pipeline. The cuts—which count for ...
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More Nokia Cuts: 330 R&D Jobs Axed In Scandinavia
Nokia ( NYSE: NOK ) says it’s cutting up to 330 research and development jobs in Scandinavia so its technology teams are better prepared for future products. In a statement on Friday, Nokia says that as many as 230 jobs are under ...
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Twitter Premium Accounts Due By Year's End
So how’s Twitter going to make any money? One of its biggest fans, British actor and polymath Stephen Fry , gave co-founder Biz Stone one idea when the pair shared a Nesta panel in London on Thursday… “Supposing I ...
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Ebay Successfully Spins Off Skype For $1.9 Billion Cash
After all the legal craziness, eBay ( NSDQ: EBAY ) has closed its deal to sell control of Skype to an investment group led by Silver Lake for $1.9 billion in cash and a $125 million note. The group acquiring 70 percent of Skype in the ...
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mocoNews Quick Hits 11.19.09
»   The iPhone store is processing five times more downloads than its Android counterpart. [ PocketGamer ] »   Flurry is launching AppCircle, a new app that helps other apps get noticed. [ VentureBeat ]  ...
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DeviceAnywhere Secures Debt Financing For International Expansion
DeviceAnywhere , a company that helps developers test their applications online before they are released to mobile phones, said today that it has raised an undisclosed amount of debt financing to expand internationally. The San ...
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Verizon Cuts Undisclosed Number Of Employees
Verizon Wireless ( NYSE: VZ ) has laid off an undisclosed number of employees in Little Rock, Arkansas, where it had a regional headquarters as part of its $28.1 billion acquisition of Alltel ( NYSE: AT ). A spokeswoman told ...
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Verizon Cuts Some Employees At Its Regional Headquarters
Verizon Wireless ( NYSE: VZ ) has laid off an undisclosed number of employees in Little Rock, Arkansas, where it had a regional headquarters as part of its $28.1 billion acquisition of Alltel ( NYSE: AT ). A spokeswoman told ...
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Clearwire Raises More Debt Than Anticipated; Adds $2 Billion To Its Coffers
Clearwire ( NSDQ: CLWR ) was able to raise more debt than originally anticipated, which has bumped up its recent fundraising efforts to a little more than $2 billion, according to a document filed today with the SEC . It gets a bit ...
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