Microsoft Plunges Into Mobile Advertising With Verizon Wireless Deal (1)
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Microsoft (NSDQ: MSFT) has finalized a mutli-million deal with Verizon Wireless for the right to provide the country's largest carrier with portal, local, Internet search and mobile advertising services. The announcement is expected to take place during Microsoft's Steve Ballmer's opening keynote at CES tonight, starting at 6:30 p.m., although Verizon spilled the beans earlier at an investor conference. The search deal was hard fought and lasted nearly two years, in which all three Internet ...
Palm's Survival Lies In New OS; Details Leak Out On New Nova Phone Launching At CES (1)
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Palm is expected to unveil its first device, running its new operating system, this Thursday at the big Consumer Electronic Show in Las Vegas, and of course, there's some minor details leaking out early. They are pretty vague, and who knows if they are spot on, but TechCrunch is quoting "a trusted source" as saying the first phone will have a full Qwerty keyboard that will slide down under a touchscreen. The new operating system ...
Glu Mobile Restructures Acquisition Payments; Delays Some Until 2010 (1)
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Glu Mobile (NSDQ: GLUU) has restructured the payments it must pay for the acquisition of MIG, a Chinese game company, by converting the entire $25 million to cash payments, rather than a mix of cash and stock, and deferring $11 million of the payments to 2010. Although the company doesn't have a ton of cash, it was clearly in a bind since its equity isn't worth much either. At 39 cents a share, the company's ...
Mobile Marketing Firms Leverage Obama Campaign To Win More Business (2)
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Several of the mobile ad-technology companies that powered campaigns for Barack Obama are now using his success as a way to sell others on using new technology to reach a targeted audience, according to the WSJ. On the night the polls were closing, companies such as Distributive Networks, which aided Obama's text-messaging campaigns, and Quattro Wireless, which placed mobile ads, and others such as SS+K and Pontiflex started pumping out white papers and press releases ...
China Approves Airwaves To Be Used For 3G (1)
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China's long-awaited 3G spectrum licenses are one step closer to being issued after China's cabinet voted on the matter today, Reuters reports. Building a network of that scale may generate $41 billion in spending for equipment, and open up another market that can use services that require high-speed bandwidth—two things to get plenty excited about in a down economy. The licenses will back three standards—TD-SCDMA, a standard backed by the Chinese government, and WCDMA and ...
