Glu expects to receive net proceeds of approximately $27.8 million from the sale. The company said it will use the funds for general company purposes, as well as the possible acquisition of, or investment in, companies, technologies, products or assets that complement Glu’s business.
Uber is a mobile application that connects users with a driver. Drivers arrive curbside and riders can track the arrival of their ride from the app. Payment is billed to the user's credit card, PayPal account, or Google Wallet at the end of the trip.
“Our entire investment is based on, ‘We have a long way to go,’” commented Ben Moreland, president and CEO of Crown Castle International, during an executive roundtable that included representation from the three major tower companies in the United States.
“We plan to democratize in-app communications with Sinch," Sinch CEO Andreas Bernström said in a statement. "Rebtel was a pioneer in offering free and super-cheap voice services to consumers, and now Sinch is giving developers the best way to add a free communication layer to their apps.”
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.
If you're the kind of new mom who frets when you haven't felt the baby move for a while, the answer might be yes. Personally, I not a big fan of these things. Just like the one at the doctor's office, they involve smearing that sticky ultrasonic-gel on your belly, which I've come to hate. The gel is included with the device.
Sheryl Sandberg, the social media company's operating chief and "Lean In" author, says the key is showing business owners how to find new customers by creating Facebook pages and by buying ads that appear on individual Facebook users' pages.
Under the program, users must link their Amazon.com account with their Twitter account. Then they need to add the hashtag #AmazonCart when replying to a tweet that has an Amazon product link. The product will then be automatically added to their shopping cart.
Facebook today unveiled a mobile ad network, as well as a number of other new features that it hopes will appeal to mobile developers. The ad network, which is called Facebook Audience, was announced Wednesday at the social network's F8 developer conference.
Twitter Inc. said Tuesday that it had a loss of $132.4 million, or 23 cents per share, in the January-March quarter. That compares with a loss of $27 million, or 21 cents per share, a year ago when Twitter was still privately held. Adjusted earnings were $183,000, or roughly breakeven on a per share basis.
Baidu Inc., operator of China's most popular Internet search engine, said Friday its quarterly profit jumped 24.1 percent over a year earlier as its mobile business grew. Profit rose to 2.5 billion yuan ($407.8 million) in the three months ending March 31, according to the Beijing-based company. Revenue rose 59.1 percent to 9.5 billion yuan ($1.5 billio
Facebook is adding a fitness tracking app to the company's store of acquired companies. Moves, a self-desribed "all-day activity diary for smartphones", announced yesterday that Facebook had agreed to acquire the company and app.
With a relatively quiet news week having passed, this week's SmartWatch, sponsored by SanDisk, takes a look at what might be on the horizon. From a Softbank bid for T-Mobile to a new iPhone, we'll offer up the probability of the next big story in the wireless.
After acquiring Mailbox back in March of 2013, Dropbox today announced an Android and desktop version of the Mailbox app. Mailbox, which made headlines with its long wait while in Beta as an iOS app, is aimed at more easily sorting through and organizing mail through various swipe gestures.
Crittercism today announced another $30 million in funding to expand its quickly growing business. Crittercism provides a Mobile App Performance Management (mAPM) platform for businesses to monitor how their apps are performing in the wild.
Newly appointed Mozilla CEO Brendan Eich has chosen to step down from his post amid controversy over his stance on same-sex marriage. In a blog post on the company's website, Mithcell Baker, chairperson of the Mozilla Foundation and former CEO of the Mozilla Corporation, admitted the company had not lived up to its core values.
Microsoft Office fans who've spent the last nine months using the software's suite of apps on their tiny smartphone screens are probably thrilled that they can finally create and update documents on the iPad's significantly bigger display surface.
The Times said in a statement that NYT Now is a new subscription plan created for an audience seeking more content than is currently available for free but at a lower price than the full news report. The company also rolled out Times Premier, which is a higher-tier plan that brings more content to readers.
Mozilla today announced that its board has appointed its current Chief Technology Officer, Brendan Eich, to the role of CEO, effective immediately. Eich was a Mozilla co-founder and was heavily involved in every aspect of Mozilla’s development starting from the original idea in 1998.
Turkey blocked access to Twitter on Friday after Prime Minister Recep Tayyip Erdogan threatened to "rip out the roots" of the social network where links have proliferated recordings that appear to incriminate him and other top officials in corruption. Turkey in the past blocked access to YouTube, but it is the first ban on Twitter...
Tango is joining the conga line of mobile messaging services that have turned into hot commodities as more people use them to communicate and share photos, music and other content. China's Alibaba Group is making the latest big bet on the trend with a $215 million...
Every year, the NCAA college basketball tournament gives employees a reason to goof off at their desks and root for their alma maters. But there's a growing source of potential headaches for bosses. Media companies like hosts CBS Corp. and Time Warner Inc.'s Turner are doing all they can to promote...
Microsoft Corp. on Monday released a version of its OneNote note-taking software for Macs and added new features and a free tier for all of the software's users in moves clearly targeted at up-and-coming productivity software rival Evernote.
In this episode of MBT's Manufacturing Newswire, MBT discusses the latest on new manufacturing hubs, as well as a partnership for batteries. We'll also talk about the near-perfect supercar, IBM's Watson super computer moving to mobile, and a look at the AllSee gesture technology.
A small startup has taken the gaming world by storm, finding success with its QuizUp trivia app and spurning offers to abandon its remote Iceland headquarters in favor of California's Silicon Valley. The company, Plain Vanilla, on Thursday launches the Android version of QuizUp...