In the fast-paced world of smartphones, a fierce rivalry has shaped the industry for over a decade. On one side, Apple, the epitome of…
Tencent acquires major Chinese social network from Google
China’s largest online company, Tencent, has bought Beijing-based social networking provider Comsenz from search giant Google and VC firm,Sequoia Capital for $60-million. Comsenz is…
Is Facebook finally ready to launch a location-based service?
Speculation is rife that Facebook is gearing up to unveil its long awaited geo-location application. Location-based services have become the hottest social networking trend…
Naspers buys another price comparison site
PriceCheck, a South African price comparison website, has been acquired by MIH, the investment arm of Naspers, the emerging market internet giant. Naspers recently…
Global mobile data traffic nearly triples in one year: Ericsson
Mobile broadband currently accounts for only 10% of total mobile subscriptions but a rapidly increasing majority of the traffic. Ericsson’s measurement of actual traffic…