2011年7月8日星期五

Technology Report: EBay buys Zong as mobile payments gain traction

Reuters
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07/7/2011
News Good afternoon Bit
Apple customers sure like their apps. More than 15 billion applications have been downloaded from the App Store by iPhone, iPad and iPod Touch users since its launch in July 2008, according to new figures from the company.

To put that number in context, remember it was just this past January when Apple announced its 10 billionth app download. That means customers have downloaded around 5 billion apps this year alone, compared to the 2-1/2 years it took to reach the 10 billion mark. Apple can thank its wildly popular iPad for the surge in demand. Of the more than 425,000 apps now available from the App Store, 100, 000 are designed specifically for the tablet computer.

Meanwhile, Apple's attempt to stop online retailer Amazon.com from using the "App Store" name has failed. Apple filed a trademark lawsuit saying Amazon improperly used the name to solicit developers in the U.S. Amazon responded by saying the term is generic. The U.S. judge who denied Apple's request argued that while the term wasn't purely generic, the company failed to prove "a likelihood of confusion" with Amazon's service.

Amazon finally lived up to its promise that New York Times Kindle subscribers would have free access to NYTimes.com, nearly three months after originally announcing the promotion. Subscribers using the Barnes and Noble's Nook e-reader aren't so lucky yet, though. As mocoNews.net notes, the company's website still tells readers it can expect access "soon" and "in the coming weeks".

YouTube gave users a peep at a new design for its website on Thursday. TechCrunch praised the video portal's revamp, codenamed "Cosmic Panda", calling it slick and dramatic. Test it out for yourself.
LATEST NEWS
EBay buys Zong as mobile payments gain traction
July 07, 2011 02:41 PM ET
NEW YORK/SAN FRANCISCO (Reuters) - EBay Inc said on Thursday it agreed to buy cellphone payments provider Zong for about $240 million in cash to help its PayPal unit push further into mobile commerce. | Full Article
RIM says adds 1 million EMEA subscribers in 3 weeks
July 07, 2011 03:32 PM ET
TORONTO (Reuters) - BlackBerry maker Research In Motion said on Thursday it has added more than one million subscribers in Europe, the Middle East and Africa in less than three weeks. | Full Article
Court OKs TerreStar's $1.38 billion sale to Dish
July 07, 2011 03:29 PM ET
NEW YORK (Reuters) - A judge on Thursday approved TerreStar Networks Inc's proposed $1.375 billion sale to Dish Network Corp, pushing the satellite communications company a major step closer to emerging from a 9-month stint in bankruptcy. | Full Article
Cell phones, devices biggest driving distractions
July 07, 2011 04:21 PM ET
WASHINGTON (Reuters) - Driving distractions, primarily by cell phones and other electronic devices, are associated with up to 25 percent of U.S. car crashes, according to a report released on Thursday. | Full Article
Retail, tech lead Wall Street rally before jobs data
July 07, 2011 04:31 PM ET
NEW YORK (Reuters) - Stocks closed sharply higher and the Nasdaq notched an eighth day of gains on Thursday as improved labor market and retail sales data added to optimism a day before the critical June payrolls report. | Full Article
BUSINESS NEWS
Hack job! Murdoch axes paper to save deal
July 07, 2011 05:49 PM ET
LONDON (Reuters) - In an astonishing response to a scandal engulfing his media empire, Rupert Murdoch shut down the News of the World on Thursday, Britain's biggest selling Sunday newspaper. | Full Article
Dim sum market stirs U.S. borrowers
July 07, 2011 04:55 PM ET
BRADENTON/NEW YORK, July 7 (IFR) - One of the U.S. high-grade market's favorites, Caterpillar Financial Services, is becoming quite the regular issuer in the offshore yuan-denominated market, also called the dim sum or CNH bond market. | Full Article
Analysis: JPMorgan close to becoming the top U.S. lender
July 07, 2011 05:11 PM ET
NEW YORK (Reuters) - JPMorgan Chase & Co is close to vaulting past Bank of America Corp to become the biggest bank in the United States, but it will likely get there in an odd way -- by shrinking less than its rival. | Full Article
BofA to take $13 billion more in charges: Bernstein
July 07, 2011 05:36 PM ET
(Reuters) - Bank of America will take another $13 billion in charges related to pending settlement with private label mortgage-backed securities investors, Sanford C Bernstein said. | Full Article
Obama, lawmakers still far apart on debt
July 07, 2011 05:50 PM ET
WASHINGTON (Reuters) - President Barack Obama and top lawmakers emerged from talks on Thursday still far apart on breaking a budget deadlock and said negotiators will work through the weekend for a deal to avoid a debt default. | Full Article
U.S. TOP NEWS
Private hiring jumps, sparking recovery hopes
ECB signals more rate rises to come, helps Portugal
Analysis: Taxes only symbolic in debt talks so far
House defeats move to stop funds for Libyan war
How about a beer with your iPhone?
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