Verizon Ventures was the lead investor in a $57 million Series C round for Jana, a Boston-based startup that brings Internet access to mobile users in emerging markets. Tim Armstrong, CEO of Verizon's AOL, will take a seat on Jana's board under terms of the deal.
Mozilla will cease development of Firefox OS and will no longer sell phones running the platform.
Research firm IDC said smartphone sales growth in 2015 will be slower than it had expected as sales in China slow down and the market there starts to become more saturated – and more like mature Western markets.
There is clearly still a market for flagship smartphones. They excite fans of the brands that make them and often serve as the reference point for the company's design language that filters down to mid-range and lower-end phones. But the days of the flagship smartphone as the be-all, end-all product for smartphone companies are over.
Global IP transit revenues are going to drop 6 percent annually between 2014 and 2021, from $4.9 billion to $3.2 billion, says telecom data company TeleGeography, but declines will vary by region.
AT&T is targeting property owners, management groups and developers to extend its 1 Gbps U-verse with GigaPower FTTP service into new and existing multi-dwelling units.
Huawei has officially stated it wants to grow smartphone shipments to 100 million units in 2015, up from 75 million last year. But according to the company's CEO, the Chinese firm doesn't want to sacrifice profitability for the sake of volume growth.
North America and Western Europe are going to peak in terms of smartphone sales growth in the next couple of years, according to a new report from research firm CCS Insight.
Google's Android One program, which formally kicked off in September 2014, has not had much of an impact on the market, according to a report from research firm CCS Insight. Android One is designed to give consumers in emerging markets, especially those buying their first smartphone, access to cheap, up-to-date Android phones that will receive the latest software updates from Google for up to two years.
BARCELONA, Spain--Google and Facebook executives said that they are willing to work together to expand access to the Internet and basic web services, despite their contrasting visions for doing so.