Mobile

Facebook Inc: WhatsApp deal approved by EU

WhatsApp-logo
Facebook Inc (NASDAQ:FB) has received approval by the European Union to purchase WhatsApp for $19 billion. The EU was concerned that Facebook’s acquisition of WhatsApp could harm communication in the telecommunications market. The European Commission has determined that the acquisition will not impede competition though.

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Samsung Electronics Co Ltd announces Power Sharing Cable

Samsung Power Sharing Cable
Samsung Electronics Co Ltd (KRX:005930) announced a new device called the Power Sharing Cable. The device lets users transmit energy from one Galaxy device to another. For example, the Galaxy S5 can charge the Galaxy Gear smartwatch.

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BlackBerry Ltd sold out of the Passport on its website

BlackBerry Passport
BlackBerry Ltd (NASDAQ:BBRY) announced that the BlackBerry Passport has sold out on its website. The Passport was priced at $599, which is down from the retail price of the $699.

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AT&T and Peter Chernin bought YouTube channel Fullscreen for hundreds of millions

Fullscreen Logo
AT&T and the Chernin Group run a joint venture called Otter Media. Otter Media has now purchased a controlling stake in Fullscreen, which is one of the most popular YouTube channels.

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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.

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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.

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T-Mobile’s “Wi-Fi Unleashed” campaign is all about Wi-Fi calling on new smartphones

T-Mobile Logo
Earlier this week, T-Mobile hosted its 7th Un-Carrier event where the “Wi-Fi Unleashed” campaign was announced. All T-Mobile smartphones will be able to use Wi-Fi calling and texting like the Apple iPhone 6 and Apple iPhone 6 Plus.

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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.