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At 35% This Year, Tablets Expected to Dominate App Market by 2018

March 13, 2013

Tablets will make up 35 percent of the $16.4 billion that smartphone apps are expected to earn this year, according to the latest forecasts from ABI Research. By 2018, however, they are…

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Facebook Launches Free Calling on iOS App

March 12, 2013

Facebook may have thrown its idea for a Facebook phone into the virtual trash bin, but that doesn’t mean the company has abandoned voice. Its latest update for its iOS app allows…

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Square Offers Merchants Complete Sales System w/ “Business in a Box”

February 21, 2013

Known for its mobile reader, Square now offers merchants a sales system they can actually nail down. Built to use an iPad, its recently debuted Business in a Box for Square Register…

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China Takes #1 Spot as World’s Largest Smartphone Market

February 18, 2013

Step aside USA. China has become the world’s largest smartphone market, surpassing the US for the first time for actively used smartphones and tablets, according to recent data released by Flurry, the…

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ComScore Report: 5.3 Trillion Ads in 2012, Social Media Taking Lead

February 15, 2013

ComScore released its Digital Future in Focus report for 2013, revealing that nearly 6 trillion ad impressions were served up the US. What’s more, social media is steadily taking the lead, accounting…

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Truphone Raises $118M to Slice International Long Distance Bills

February 4, 2013

Truphone, a UK company that strives to eliminate international calling fees, has raised an impressive $118 million round at a $473 million valuation. The investment round was made by a group of…

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ChaCha Raises $14M to Make Q&A a Respectable Business

January 31, 2013

by MATT GALLAGHER, Red Herring Though plenty of Q&A service sites sleep contentedly in the graveyard, ChaCha is thriving alive and strong. The company recently raised a new round of $14 million.…

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Apple: China to Become #1 Customer, Negotiating with China Mobile

January 14, 2013

While making his second trip to China as Apple’s CEO, Tim Cook told China’s state-run Xinhua news agency that China will one day become the company’s largest customer. Currently, China ranks as…

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Sina Weibo, China’s Twitter, Rolls Out English Language Interface

January 11, 2013

Sina Weibo, a social microblogger that has sometimes been referred to as China’s “Twitter,” has rolled out an English language interface, widening marketing possibilities that could extend the service to more international…

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Twitter Valued at $11B, Potential IPO in 2014

January 8, 2013

Twitter has been valued at $11 billion in a Greencrest Capital report, according to Forbes, which reported the company is eying a possible IPO as early as 2014. The publication credits recent…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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