Adconion will be acquired at a valuation of $235 million. The consideration payable is approximately $209 million, excluding debt. The valuation and consideration payable for Kontera is approximately $150 million. The acquisitions are subject to certain conditions being satisfied and approvals obtained.
The company conducted a pilot produce where thousands of sellers used Square Capital to buy equipment and inventory, hire more employees, and add new stores. Many neighborhood businesses with access to alternative funding sources chose Square Capital for the simple and fast process.
Check has a mobile app that automates and consolidates the bill-pay process all in one place, which it says reduces complexity for consumers. Check customers can monitor bills and accounts, receive alerts when bills are due or funds are low, and pay bills automatically.
HP's move revises upward a previous target of 34,000 job cuts. In May 2012, eight months after former eBay Inc. CEO Meg Whitman took the reins, HP unveiled the chief executive's initial restructuring plan, which called for a headcount reduction of 27,000.
The last time the company's stock jumped was on news of previous CEO Paul Palmieri had resigned from his post as CEO and Barrett would be taking over. Barrett comes from Yahoo! where he most recently served as the Web portal's chief revenue officer.
CTIA's President and CEO Steve Largent is handing over the reigns to former FCC commissioner Meredith Attwell Baker. Baker, who worked at CTIA early in her carreer, will take over for Largent, who had announced his retirement back in October.
The FCC today issued an official report and order that sets rules for the upcoming auction of 65 MHz of spectrum in the AWS-3 band, specifically in the 1695-1710 MHz, 1755-1780 MHz, and 2155-2180 MHz bands. The report and order establishes a band plan that makes spectrum available in a mix of spectrum block and geographic license area sizes...
The Wireless Association today released a report on its efforts to test spectrum channel sharing with a pair of Los Angeles television stations. CTIA claims to have proved the viablity of channel sharing through its experiment with Los Angeles television stations KLCS and KJLA.
French conglomerate Bouygues offered 10.5 billion euros ($14.4 billion) for control of mobile operator SFR telecommunications, launching a bidding war Thursday that could extend the wireless industry's attempts to consolidate in Europe.
The mobile wallet is an idea that seems to eternally be 12 to 18 months out, but not for lack of interest. According to a recent Yankee Group report, fully two-third of consumers surveyed are interested in mobile wallets. However, just 16 percent of mobile device owners have used their phone to make an in-store payment in the past three months.
A look at some little-known systems at the Mobile World Congress wireless show in Barcelona, Spain, this week -- Many of them aren't even available in the U.S., although they may not be replacing an Android or iOS phone, some of these alternative phones have impressive features.
Many people use their smartphones to watch video, play games and wake them up in the morning. Some even use them to generate digital boarding passes to fly. So why not use phones to buy stuff at retail stores as well? A variety of mobile wallet systems store credit or debit card information on phones in encrypted form...
Eurotech, a leading supplier of embedded technologies, products and systems, today announces the ReliaCELL, a rugged, mountable cellular adapter designed to integrate with the Internet of Things (IoT), M2M and enterprise appliances for fast and highly-reliable cellular connectivity.
The company Wednesday launched the IBM Watson Mobile Developer Challenge, which seeks to facillitate the creation of mobile consumer and business apps powered by Watson. Virginia Rometty, CEO of IBM, made the announcement during a keynote at Mobile World Congress in Barcelona.
Telephone and Data Systems (TDS), parent company of U.S. Cellular, said it won't provide a forecast for 2014 due in part to the "unprecedented number of actions related to pricing of service plans and devices, including device financing, announced by competitors in recent weeks."
BlackBerry Tuesday unveiled a pair of new handsets, one of which is in keeping with CEO John Chen's committment to addressing emerging markets. The Canadian OEM unveiled a successor to the Q10, the BlackBerry Q20, which features...
Qualcomm today took the wraps off a pair of new 64-bit processors, the Snapdragon 610 and 615. Both the 610 and 615 support LTE and join the recently announced Snapdragon 410 in Qualcomm’s 64-bit portfolio. The 610 performed quad-core processing while the 615 houses an octo-core solution.
After selling 200 million Galaxy devices to date, Samsung today unveiled the Galaxy S5 at the Unpacked 5 event at Mobile World Congress. Following a mini concert by the Barcelona Opera House chamber orchestra, Samsung CEO JK Shin emerged, standing in front of a huge screen displaying the four previous iterations of Galaxy flagship devices.
Mobile World Congress in Barcelona, Spain officially kicked off today. Here's a look at announcements coming out of the first day of the show, inlcuding news from Nexmo, Ruckus Wireless, Keynote, Boingo, and Telit Wireless Solutions. Stay tuned for more!
How's this for gall? Take away hundreds of dollars in subsidies that cellphone customers have enjoyed for years. Then pass it off as an improvement. The major U.S. wireless companies are doing just that. And many of their customers seem to like it.
Samsung's first Galaxy Gear smartwatch came out last fall amid much fanfare, but it landed with a thud in the marketplace. Samsung and its smartwatch rivals had failed to persuade many consumers that they need to be able to constantly check messages from their wrists. Wearable devices that succeeded tended to be fitness products such as the Fitbit.
AT&T said today that it has expanded its international LTE footprint to now include Spain, France, Japan, South Korea, Australia, Hong Kong, Switzerland, Malaysia, Russia, Singapore, Guam, Hong Kong and Antigua & Barbuda. The company had previously announced roaming in Canada and the UK.
Nokia introduced three new low-cost smartphones—the Nokia X, X+ and XL—that are based on Android Open Source Project (AOSP) and look like modified Windows Phones. As rumored, Nokia took the Android plunge at Mobile World Congress with a trio of colorful dual-SIM handsets that start at approximately $122.
Following on a busy Mobile World Congress last year, Mozilla is again showcasing the evolution of its Firefox OS in Barcelona. The company has announced a 4.5-inch dual-core reference phone, as well as a number of new tools for developers to create and test their designs for the Web-based mobile platform.
SanDisk Corporation today announced the next generation of its iNAND Extreme embedded flash drive. Showing up so far in capacities up to in 64GB, iNAND Extreme presents a new architecture designed to optimize performance on smartphones under more and more pressure from muscular processors, high-resolution cameras and strenuous applications like 4K video.