CEO Avi Shechter told TechCrunch that the company was doing well, and that the staff reductions were designed to ensure that the company had enough money to get through 2009. The Israel-based start-up, which had raised $13 million in previous funding rounds, told Tech Crunch that it had recently raised a third round but declined to discuss the amounts or investors.
Nokia, the world's largest cell phone maker, plans to stop making phones for the Japan market, one of the largest in the world.
The Finnish phone maker announced Thursday that it would stop manufacturing cell phones for NTT DoCoMo and Softbank Mobile, but will continue producing its luxury Vertu brand, according to a report by Reuters.
"In the current global economic climate, we have concluded that the continuation of our investment in Japan-specific localized products is no longer sustainable," Nokia executive vice president Timo Ihamuotila said in a statement.
While Nokia has a 40 percent global share, … Read more
Samsung and wireless technology provider InterDigital have reached a settlement in their long-running patent dispute involving 3G and 2G technologies, InterDigital announced Monday.
Under the agreement, Samsung will receive a royalty-bearing license to cover all of its 3G products through 2012. The agreement, which also resolves a dispute over Samsung's royalty obligations for its 2G sales, will also include products built on WCDMA and cdma2000 standards and related extensions.
The parties did not disclose the terms of the agreement, however, a report in the Wall Street Journal cites a telecom analyst who puts a value of $400 million to $… Read more
Only yesterday Opera Mini 4.2 beta joined Google's Android Market. On Tuesday, the mini update to Opera's mobile browser for Java phones became the app's new benchmark.
The version 4.2 release appears identical to the beta version (review), made available for download just two weeks before. It boasts speeds up to 30 percent faster, a modified video playback that triggers a media player to stream a video, greater multilingual support, and the reintroduction of skins, a visual extra that had made a short hiatus when Opera upgraded Mini to version 4.0.
In addition, Opera'… Read more
Opera Mini 4.2 beta, a test version released for Java phones just two weeks ago, on Monday became the first third-party browser available for Google Android.
Opera Mini for Android, which was previewed in April, includes most of the familiar Mini 4.2 features: zooming, saving, bookmarking, and searching for in-line text has stayed intact, as has syncing via Opera Link and swapping skins.
We couldn't make the video playback workaround that debuted on other Java phones work in this build, though T-Mobile's USA's G1 phone does support video playback (see our review on TuneWiki.) We … Read more
Faced with strong competition from Apple and Research In Motion, as well as economic headwinds, Palm has decided to lay off some workers.
Valleywag reported that the layoffs could involve as many as 10 percent of the company's 1,050 employees. A Palm representative confirmed that layoffs were taking place but did not comment on exactly how many people were affected.
"There have been some layoffs as a result of challenges facing our company and the industry, and we're restructuring our worldwide operations to better position ourselves for profitability and long-term growth," said Lynn Fox, a … Read more
Perhaps no one has benefited as much from the downfall of the Treo than Apple.
On Thursday, ChangeWave released the results of an otherwise dismal survey predicting a tough time ahead for anyone who relies on corporate IT spending for their livelihood. But the news was good for those in the smartphone business not named Palm; smartphone shipments to U.S. corporations are expected to grow even as overall IT spending falls.
It's been a busy two days for AOL Mail. On Wednesday, AOL launched a beefier version of the AOL Mail gadget for iGoogle. On Thursday, AOL won a few more fans with the introduction of its beta feature AOL Sync.
AOL Mail for iGoogle improves upon the previous gadget by replacing the preview-only capability with functionality that lets you compose, reply, and fully manage your in-box from the iGoogle page.
AOL Sync beta, launched today, targets mobile and desktop users with the ability to sync their AOL address book and calendar in real time to Microsoft Outlook, the iPhone, … Read more
SAN FRANCISCO--Inspired by a new generation of smartphones, Adobe Systems has begun a new, higher-power effort to spread its Flash technology to mobile devices.
The company has worked for years on a lightweight incarnation of its Flash technology for mobile phones, but it now is working to bring the full-fledged Flash Player 10 to higher-end smartphones, Chief Technology Officer Kevin Lynch said at Adobe's Max conference here.
"We are in the midst of evolving Flash Player 10 for mobile," Lynch said. "We're taking the full Flash Player and making that run on the higher end … Read more
LONDON--Mobile operator 3 has unveiled a phone designed for accessing Web 2.0 services such as Facebook that it hopes will do for data consumption what Apple's iPhone has done for smartphone uptake.
Speaking at a launch event here, Kevin Russell, CEO of 3, said: "The iPhone is a fabulous product--a breakthrough in usability. The Google (Android) phone is an exciting direction. But for us, we want to open this whole marketplace up, in terms of usage of data for mobiles."