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Velti Reveals $156.4m Q1 Loss, Sheds a F...

Moukas: “2013 would be a transitional year”Mobile marketing firm Velti has confirmed a 22 per cent reduction in headcount, because it announced disappointing results for Q1, 2013. The corporate reported a net lack of $156.4m (£102m) for the quarter, compared with $8.8m in Q1, 2012. According to newly-appointed CFO Jeffrey Ross, speaking during...
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BBM Involves Android and iOS

BlackBerry is making its OTT messaging service, BBM, available on iOS and Android this summer. As it stands, BBM has 51m daily active users, who use the service once every 90 minutes on average, and adding two extra platforms has to potential to cause an explo...
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MMA Reveals UK Advisory Board Members

The MMA has elected its new UK advisory board for you to be led by Stephen Upstone, CEO of Loop Me Media. He takes over from Alex Meisl, chairman of Sponge, who served as MMA chair from 2008.  Simon Birkenhead, director of worldwide advertising sales at T...
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Monitise Launches mPOS System

Monitise has launched a white-labelled mPOS system following a key acquisition it made earlier inside the year and a drive by its backer Visa into the mCommerce space. Monitise is operating with financial institutions and banks to aid them deploy branded mobil...
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French Government to Tax Smartphone Sale...

The French Government has proposed a small cultural levy on sales of all smart devices – including games consoles and ereaders – so that you can make sure the longevity of France’s entertainment industry. The Ministry of Culture and Communication...
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