Mobile Posts

Mobli Media acquires social media company Pheed

Pheed

Mobli Media has announced that it has acquired Pheed. Pheed is a social media network. The terms of the deal were undisclosed, but sources with Mashable report that it was for about $20 million. Mobli plans to invest $10 million to reintroduce Pheed as a standalone platform. Launched in 2012, Pheed currently has 5 million users. It is a teen-focused platform which allows users to share photos, video, and audio.

[Source]

Square reportedly raises $100 million with $6 billion valuation

Square Logo
Mobile payments company Square has reportedly raised $100 million in a new round of funding with a valuation of about $6 billion, according to financial filings.

Continue reading →

Yo has hit 100 million messages

Yo app
Yo, the popular messaging app, lets users send the word “Yo” back-and-forth. Yo has hit over 100 million messages so far. Yo launched the ability to send attached links and hashtags last month.

Motorola releases a new, larger Moto G

Screen Shot 2014-09-06 at 1.47.28 PM

Motorola has launched a new version of the Moto G device, which has a larger display and improved cameras. The Moto G is available today in the U.K. and U.S. Motorola does not put a custom user interface on the Moto G, which means that software updates are sent to users quicker. The Moto G runs on Android 4.4 KitKat. It can be upgraded to Android L when it is released.

Continue reading →

Toshiba is releasing a $120 Windows 8 tablet

Toshiba Encore Mini
Microsoft is partnering with Toshiba on a small screen tablet with a low price. Microsoft and Toshiba announced the Encore Mini at the IFA conference in Berlin. The Encore Mini is a 7-inch Windows powered tablet and is a smaller version of the 10-inch Encore 2 tablet released earlier this year.

Continue reading →

Samsung’s Note Edge has a 5.6-inch curved display

Samsung Note Edge
Samsung has announced a new smartphone called the Note Edge. The Note Edge has a 5.6-inch display with a curved right side. The Note Edge has adopted glass with enhanced strength to cover the curved display. The curved side of the Note Edge can display text messages and menu icons. The curved display operates independently when the 5.6-inch display is turned off. The Note Edge will be released in a small number of countries. The Note Edge will cost over one million won (around $982).

[Source]

Google Inc (GOOG) is paying at least $19 million to sell in-app purchases case

New Google Logo
Google Inc (NASDAQ:GOOG) has agreed to refund at least $19 million to parents and consumers whose kids unknowingly made expensive in-app purchases for apps. This is the second major settlement that the FTC made with a large tech company over in-app purchases. Apple agreed to pay $32.5 million in January to in-app purchasers.

Continue reading →

Facebook Inc (FB) Android app hits 1 billion installs

Screen Shot 2014-09-03 at 12.38.18 AM
The Facebook
 Inc (NASDAQ:FB) Android app has hit 1 billion downloads on Android. That means that it is the first non-Google app to hit 1 billion downloads on Google Play. The Facebook Android app beat several individual Google apps like Chrome, Hangouts, and Google Search. Some of Google’s Android apps that surpassed 1 billion downloads include Gmail, Google Maps, and YouTube.

[Source]