Category Archives:
Financial

jetpac's web site announcement Google’s acquisition of AI tech Jetpac sounds alarms

Better download the City Guides iOS app fast before it goes

The news leaked out from San Francisco based, Jetpac, was being acquired by Google way before the search giant confirmed the fact itself. JetPac is an artificial intelligence (AI) firm specialising in deep learning technology. To date, the company has been know for the three apps it offers Apple iOS users via the iTunes app store. The chief of these is City Guides. You’d better download it fast because Jetpac announced on its own web site that it is going to pull the app shortly and stop actively supporting it from September 15th [2014]. That’s one reason to panic. The other concerns Jetpac’s ability to spy on your photos. Continue reading

more resources to speed up delivery - khalaf Industry reaction to Flurry acquisition by Yahoo!

Deal should enable Yahoo! to offer better ad placement

Although the deal was announced back on July 21st [2014] by Yahoo!, there’s been a slow reaction and analysis to the acquisition of a mobile analytics specialist such as Flurry. The deal between and Yahoo and Flurry was reportedly worth over $200 million but subject to customary closing conditions. Having heard nothing to the contrary, GoMo News assumes the deal has gone ahead. Yahoo has, of course, been trying hard to diversify its revenue stream by focusing more on its mobile revenues. Flurry’s technology should help Yahoo to grow its revenue from smartphone users. Continue reading

new sprint ceo - claure Sprint acquires Marcelo Claure as new CEO

Drops its bid for T-Mobile USA

The USA’s third largest MNO [Mobile Network Operator], Sprint (formerly Sprint Nextel) has reportedly dropped its bid for T-Mobile USA in the face of mounting regulatory resistance. T-Mobile USA is, of course, owned by Germany’s Deutsche Telekom whilst Sprint is owned by Japan’s SoftBank. This move followed swiftly after the news that
fourth largest US MNO, T-Mobile USA, had rejected a $15.5 billion (£9.2 billion) takeover bid from a French conglomerate – Iliad. The offer was apparently too low. Continue reading

Will Hill experiences 146% growth in mobile gaming

Almost certainly down to betting on World Cup in Brazil

We’d love to claim that we told you so but actually we did. Last November [2013], GoMo News quoted the bookmakers, Ladbrokes, as predicting here that the [soccer] World Cup in Brazil this Summer [2014] “is likely to be the most competitive sporting event on mobile ever – certainly for Brits.” Now Ladrokes’ arch-rival – William Hill has revealed that enjoyed record-breaking World Cup activity with online wagering for the tournament up 211 per cent on 2010. Sadly, the company doesn’t specifically thank mobile for this feat but it’s pretty obvious from some of the other stats. Oh, and the fact that Ladbrokes stole mobile specialist -Chelsea Apps Factory, from them doesn’t seem to have hurt that much. And they’ve got a new CEO. Continue reading

same specs for half of the price - tziokas Samsung feels the heat from local producers

China’s Xiaomi and India’s Karbonnare the beneficiaries

It appears from the latest revenue figures from Samsung that the handset giant is coming under great price pressure from local phone manufacturers. It is interesting to see that Samsung is struggling in key emerging markets such as India and China due to local competitors plus a lack of relevance for Chinese consumers who want more high-end devices. Samsung seems to be losing out to China’s Xiaomi and India’s Karbonnare. By contrast, when Apple recently shared its results these included growth in China, which accounted significantly for its increase in earnings. Continue reading

juniper-logo Smartphone sales surging ahead says Juniper

Apple & Samsung decline vs Huawei, LG & Lenovo rise

According to Juniper Research Whilst global smartphone shipments exceeded 290 million units in Q2 2014, Samsung and Apple both lost market share. The chief beneficiaries were Huawei, LG and Lenovo. Significantly, Juniper anticipates that emerging nations in Far East & China, Indian Subcontinent, Latin America and Africa & Middle East will account for over 50 per cent of the global smartphones shipped in 2014. The 290m million represented 26 per cent y-o-y [year-on-year] growth and 2 per cent q-o-q [quarter-on-quarter] growth. Continue reading

- dyson Customer numbers & data usage up at 3UK

Three UK delivers operating profit of £123m for Q1-Q2 2014

Growth in customer numbers plus growth in data usage per customer helped Three UK [3UK] deliver operating profits of £123 million for Q1-Q2 2014. This compares to £86 million in Q1-Q2 2013 and £121 million in Q3-Q4 2013. A number of industry-leading initiatives have helped to drive these improvements in profitability including one of GoMo News‘ favourites – Three inTouch which offers VoWifi (Voice over Wi-fi) which officially launched this week [July 2014]. Plus 3UK offers new contract handset and SIM-Only plans which include unlimited free 0800 [freefone] numbers. Plus the company has attractive roaming deals, too. Continue reading

- macmillan Pollen’s Macmillan comments on app poverty line

Possibly 98.4% of developers living on it

A recent report – based on research by Vision Mobile, entitled ‘Developer Economics Q3 2014: State of the Developer Nation‘ revealed that many app businesses currently are not sustainable. Crucially, the report found that just 1.6 per cent of developers generate most of the app store revenue. Martin Macmillan, CEO with new FinTech company Pollen, appears to have coined a new phrase for this – the “app poverty line”. Thus, in effect, as many as 98.4 per cent of mobile app developers may be living below the app poverty line. Hence Macmillan offers useful advice to developers. Talking to Pollen itself is the tip he neglected to mention. Continue reading

reflection of what we’ve built - samadi Opera Mediaworks continues to expand global footprint

Acquires apprupt to better serve German market
Leading German player brings depth and breadth to end-to-end platform for publishers and advertisers

Press release

April 30th 2014

Opera Mediaworks, the world’s largest mobile advertising platform, has announced the acquisition of apprupt, a leading mobile advertising company in Germany. The deal will expand Opera Mediaworks’ reach into the German market whilst giving apprupt’s existing client base access to additional capabilities. Apprupt is a leading mobile advertising specialist in German-speaking markets, reaching more than 22 million mobile users. With a premium publisher portfolio of more than 250 mobile websites and apps, apprupt enables brands and advertising partners to engage with premium audiences on mobile devices through innovative rich media campaigns, as well as performance advertising solutions. Apprupt’s publisher clients include Bauer, IDG and Tomorrow Focus Media as well as Lovoo. Continue reading

lukies IBM & Monitise help financial institutions capitalise on commerce

Global strategic alliance will enable clients to deploy new mobile banking, payments and commerce solutions via the cloud to better engage customers

Press release

July 21st 2014. IBM (NYSE: IBM) and Monitise (LSE: MONI) have announced an expanded, multi-year global alliance to deliver cloud-based mobile commerce solutions to help financial services institutions embrace the mobile channel and better engage with customers. As part of this news, the expansion of the alliance will bring together the IBM MobileFirst portfolio of offerings as well as IBM’s financial services and retail industry expertise with Monitise’s mobile banking and payments capabilities, spearheaded globally as an IBM Global Business Services’ initiative. Continue reading

Carphone considering becoming MVNO on 3UK

Not sure how this will affect Talk Mobile

According to reports, the UK’s leading mobile retailer, the Carphone Warehouse is in advanced negotiations with mobile network operator [MNO] Three (3UK). The intention is to create a Mobile Virtual Network Operator [MVNO] to rival the likes of Virgin Mobile or Tesco Mobile. The rumour has it that Carphone Warehouse could even launch the MVNO in time for Xmas. GoMo News isn’t quite sure where this leaves Talk Mobile (not to be confused with TalkTalk Mobile) which operates over Vodafone’s mobile network. Continue reading

new global provider of connected car - brenneis Vodafone to make M2M move with Cobra takeover

Success would provide it with big telematics/M2M/iOT player

Well, Vodafone has found something new to do with its funds war chest inherited by selling its Verizon Wireless stake. It’s going heavily into the telematics/M2M/iOT sector by announcing its intention to voluntary takeover of Cobra Automotive Technologies. Headquartered in Italy and listed on the Milan stock exchange (Borsa Italiana S.p.A), Cobra has operations in a host of countries including Brazil, China, France, Germany, Italy, Japan, South Korea, Spain, and Switzerland as well as the UK. Continue reading

perley mcbride C&W appoints new CFO – Perley McBride

Former CFO @ USA’s Leap Wireless

Cable & Wireless Communications (CWC) has announced that it has appointed a new Chief Financial Officer (CFO) in the shape of Perley McBride. He has extensive experience of the telecom and technology sectors. Previously, McBride was the CFO of Leap Wireless International, a US-based mobile network operator [MNO]. Continue reading

carphone_store Dixons-Carphone deal under threat from EE

UK’s largest MNO in threat to drop UK disties

The proposed merger between the white goods specialist – the Dixons Group (which includes PC World) and UK High Street mobile phone distributor, Carphone Warehouse, could be under threat from EE. Not a good prospect given that EE is the UK’s largest MNO [Mobile Network Operator] – made up as it is from Orange and T-Mobile. A story in the Sunday Telegraph here, claims the MNO might be considering cutting ties with the Carphone Warehouse or with its arch rival distie [distributor] Phones4U – or cutting ties with both. Continue reading

best placed for mobile money opportunity - buse Monitise makes a surprise new appointment

Mobile money appoints three new females inc Elizabeth Buse

Mobile money transfer specialist, Monitise, has surprised its investors by recruiting a former Visa executive in the shape of Elizabeth Buse. She becomes co-CEO to work alongside Monitise co-founder Alastair Lukies. As soon as the news came out, shares in Monetise rose 4.3 per cent. GoMo News can’t understand why this news was such a surprise when Buse was previously a member of the Monitise board from July 2010 to October 2012. Buse was most recently the executive vp of Visa’s global solutions group, a role she took in August 2013. Continue reading