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vccircle_Prem-Watsa_fairfax

Fairfax-led consortium offers to buyout BlackBerry for $4.7B

Hyderabad-born Prem Watsa-led Canadian financial services firm Fairfax Financial Holdings Ltd (Fairfax) is leading a consortium of investors who have offered to take the mobile handset maker BlackBerry private in a $4.7 billion transaction. Fairfax currently owns 10 per cent of BlackBerry. BlackBerr...

24 September, 2013 |More »

BookMate

Aircel launches e-book store BookMate for its subscribers; what’s on offer?

Aircel, a leading Indian telecom operator has launched an e-book store called ‘Aircel BookMate‘ for its subscribers. According to the company, BookMate is a one-stop-shop for avid readers and book lovers to browse, store, download and read books, magazines and comics, on their smartphones, t...

19 September, 2013 |More »

Gartner

Mobile app downloads to reach 102B; revenues to hit $26B by 2013-end: Gartner

Annual downloads from various mobile app stores in this calendar year will grow to 102 billion from 64 billion last year, according to a report by IT research and analysis firm Gartner. Correspondingly, total revenue from app downloads will grow to $26 billion this year from $18 billion in 2012. Out...

19 September, 2013 |More »

BBM-chat

BlackBerry’s BBM chat coming to Android, iPhone this weekend

BlackBerry Ltd said on Wednesday that its popular BlackBerry Messenger instant chat application will be available for rival devices using Google Inc’s Android software and for Apple’s iPhone this weekend. The struggling Canadian smartphone maker had announced plans to open up the service...

19 September, 2013 |More »

IDC

Windows Phone is the second-largest smartphone platform in India, after Android: IDC

Windows Phone is the second most widely used smartphone platform in India, according to an IDC Asia Pacific Mobile Phone Tracker report (for the quarter April-June 2013). The report mentions that the platform enjoys a market share of 5.4 per cent in the country, beating both Apple’s iOS and Bl...

18 September, 2013 |More »

Fortumo

Mobile payments company Fortumo launches direct carrier billing in India, partners with four leading telcos

Estonia-based mobile payments company Fortumo has launched its mobile payment services in India by entering into partnerships with four leading mobile operators in the country. As part of the partnership, Fortumo’s direct carrier billing (DCB) support is now available to subscribers of Vodafone, A...

18 September, 2013 |More »

Z30

BlackBerry unveils its first phablet Z30, comes with 5 inch display & BB 10.1 OS

Within a week of launching a mid-priced touch and type smartphone called 9720 in the Indian smartphone market (available for Rs 16,000 later this month), struggling Canadian handset manufacturer BlackBerry (previously Research in Motion or RIM) has unveiled the successor to its flagship Z10. Taking ...

18 September, 2013 |More »

MOM

Mobile payment service provider Money On Mobile to raise $50M from Calpian

Mumbai-based startup My Mobile Payments Ltd (MMPL), which owns and operates mobile payment platform Money on Mobile, is looking to raise $50 million from Texas-based Calpian Inc, a public company dealing in electronic payments processing, according to a Medianama report quoting its managing dire...

17 September, 2013 |More »

iTunes

Within days of iPhone 5s & 5c launch, Apple extends iTunes affiliate program to India & 16 other countries

Early this week, Apple launched two new iPhone models instead of a single one, which had been the norm for Apple since first launching the iPhone back in 2007. Christened iPhone 5s and iPhone 5c, the new devices were introduced for the dual purpose of replacing the iPhone 5 (iPhone 5s), as well as t...

13 September, 2013 |More »

Game

70% of smartphone users spend 15 minutes daily on gaming; Subway Surfers most engaging game: Nielsen

Gaming has always been one of the most popular activities on smartphones (even before the smartphone era we were hooked on games like Snake and Tetris), so much so that 7 of 10 users (70 per cent) spend close to 15 minutes a day on games, or seven and a half hours on a monthly [...]...

12 September, 2013 |More »