Google buys live streaming service Twitch for $1 billion: Report

By about 1 hour ago.

Google buys live streaming service Twitch for $1 billion: Report

Earlier this year, we first heard about Google’s plans of buying live streaming service Twitch. While there is no official word from either of the companies, the deal has reportedly been sealed, VentureBeat reports. More →
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Nokia Q2 profit at 284 million euros; raises outlook for network business

By about 4 hours ago.

Nokia Q2 profit at 284 million euros; raises outlook for network business

Finnish telecom equipment maker Nokia yesterday posted a higher operating profit at 284 million euros in April-June this year and said it expects net sales for the network business to grow in the second half of 2014. More →
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399 million users access Facebook every month only on their mobile phones, mobile ads account for 62 percent of overall ad revenues

By on July 24, 2014 at 7:30 PM.

399 million users access Facebook every month only on their mobile phones, mobile ads account for 62 percent of overall ad revenues

Last night, Facebook revealed its earnings for Q2, 2014. One of the takeaways from the report was the sheer number of users who log in to Facebook using only their mobiles. More →
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Mobile services market in India to be $19.2 billion in 2014: Gartner

By on July 24, 2014 at 7:12 PM.

Mobile services market in India to be $19.2 billion in 2014: Gartner

The number of mobile connections in India is expected to grow by 8 percent to touch 815 million this year, even as the market is expected to remain at almost the same level as last year - at $19.2 billion, research firm Gartner said. More →
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LG Electronics says Q2 profits more than doubled

By on July 24, 2014 at 4:20 PM.

LG Electronics says Q2 profits more than doubled

LG Electronics Inc says its quarterly profit more than doubled as its mobile division ended three quarters of losses. The South Korean consumer electronics company said today its net income for the April-June quarter was $400 million, compared with $151 million a year earlier. More →
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Flipkart raises Rs 6,000 crores in latest round of investment: Report

By on July 24, 2014 at 12:19 PM.

Flipkart raises Rs 6,000 crores in latest round of investment: Report

Flipkart has reportedly raised $1 billion or Rs 6,000 crores in the latest round of investment. The Indian e-commerce site is set to announce the investment as early as next week, EconomicTimes reports. More →
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Exclusives

Apple to set up exclusive stores in India selling just iPhones and iPads

By on July 24, 2014 at 9:24 AM.

Apple to set up exclusive stores in India selling just iPhones and iPads

After witnessing encouraging growth in iPhone and iPad sales in the country, Apple India is now looking at setting up exclusive stores across the country that will sell only iOS devices, multiple sources who have been briefed by the company on its plans told BGR India. Sales of iPad in India increased by 45 percent year-on-year at the end of last quarter while iPhones too grew by 55 percent in the BRICS region, Apple had revealed during its quarterly earnings call yesterday. More →
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