Google to launch Android One phones in India; Monetise EBITDA loss grows 63%

> Google is set to launch its first low-cost smartphones using its Android One operating system in India, priced at around INR6,399 (€81/$105). Report

> Mobile banking company Monitise saw its EBITDA loss increase 63 per cent year-on-year in the 12 months to end-June. Report

>  China-based e-commerce company Alibaba is set to increase the size of its U.S. IPO because of investor demand. Article

> T-Mobile Austria said it expects to halt the decline in its core earnings this year. Article

And finally…Apple iTunes users questioned who U2 are, after the rock band released its latest album via the music service as part of the company's iPhone 6 launch. Report

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