Mobile payments specialist paythru will add seven products to its secure mobile payments platform at MWC next week. Products covering charity donations, retail purchases, gaming, subscriber services, ticketing, insurance, and money transfer services will be launched.
MySpace CEO Owen Van Natta has resigned suddenly, leaving doubt as to how successful his efforts to turn the struggling site around were. He will be replaced by co-presidents Mike Jones and Jason Hirschhorn.
Motorola no longer plans to sell its settop box and wireless-network arm as one unit, said the WSJ. Rather, the firm intends to auction its wireless-network business, and separately spin off a new combined settop box and core handset unit.
Research firm Ovum predicts global mobile connections will reach a higher-than-previously forecast 6.49 billion in 2014, with revenues of $1.04 trillion (€754.4 billion).The forecast upgrade is driven by Asia-Pacific, which is expected to account for 63% of global net additions between 2009 and 2014.
Telenor has paid 20.2 billion rupees (€315.7m) for an additional 7.15% stake in Indian mobile operator Unitech Wireless. The deal takes Telenor’s stake in the firm to 67.25%.
BT Global Services has announced that its security services group has received the highest overall rating in Datamonitor's Black Book of Outsourcing report.