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Verizon to buy AOL for $4.4 billion; to expand OTT services

Verizon Communications is looking to purchase AOL (American Online) in a $4.4 billion all cash deal. The deal values AOL at $50 a share, 23% more... .

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Reliance Jio appoints Pradeep Shrivastava as chief marketing officer

Reliance Jio has appointed Pradeep Shrivastava as its chief marketing officer, reports ET. Shrivastava will lead the marketing function for Jio. Prior to joining Jio,... .

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Google Map Maker edits suspended following pranks and vandalism

Google has suspended its Map Maker tool which allows users to edit and contribute to Google Maps following pranks and vandalism. Earlier in April, Google Maps... .

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On Myntra going app only, shutting down web based services

Yesterday, at a press event in Bangalore, Myntra announced that on 15th of May, it will shut down its website, and switch to an application only... .

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Cyanogen receives strategic investment from Foxconn; open computing platform...

Custom Android OS maker Cyanogen has raised an undisclosed amount of strategic investment from electronics manufacturer Foxconn. Cyanogen will use the funding to add employees... .

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mGage acquires cloud communications platform Unicel Technologies

Mobile multi-channel messaging platform mGage has acquired the Bangalore-based cloud communications company Unicel Technologies for an undisclosed amount. Speaking to Medianama, mGage mentioned that...

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26% of Uninor’s subscriptions in Q1FY15 were active Internet connections

26% of Uninor’s connections were active Internet connections for the quarter ended March 31, 2015, as compared to 22% or 6.2 million connections in the preceding quarter,... .

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Net Neutrality: The Culprit is the Government – Sandeep Amar

“There is only one kind of freedom and that’s individual liberty. Our lives come from our creator and our liberty comes from our creator. It... .

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Airtel appoints Andrew Kossowski as chief information officer for Africa

Bharti Airtel has appointed Andrew Kossowski as chief information officer for its pan African network. Kossowski, whose appointment will take effect on May 15th 2015,... .

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HolidayIQ acquires SourceN’s travel mobile development team

Travel forum HolidayIQ has acquired the mobile development team (travel vertical) of California based web and mobile development company SourceN to strengthen its mobile capabilities.... .

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Vserv’s new solution allows you to buy telco & DTH packs from mobile ads

Mobile marketing and advertising firm Vserv has launched a new commerce solution for telecom and DTH operators where users can now buy data, voice and... .

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Google admits that messages on Hangouts can be wiretapped by governments

In a Reddit AMA on surveillance, Google has admitted that chats on its Hangouts messenger can be wiretapped as the service does not use end-to-end... .

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TimesofMoney partners with United Bank in Ethiopia to enable branchless banking

Digital payments and remittances services TimesofMoney has launched its mobile money product ‘Movit’ in Ethiopia, in partnership with Ethiopia’s United Bank S.C. The product will... .

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Tiger Global offloads 2.1 percent stake in JustDial for Rs 162 crore

Tiger Global has sold a further 2.1% stake in JustDial for Rs 162 crore through open market transactions, reports Techcircle. Following this partial exit, Tiger... .

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#NAMA: Connected Devices & Internet of Things, 29th May 2015, Mumbai

MediaNama invites you to apply for a curated #NAMA open discussion on the Future of Connected Devices & the Internet of Things in India, at... .

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Facebook’s Instant Articles lets you load news from select publishers faster;...

Facebook has announced Instant Articles, a mobile app feature (for iPhone only, currently) where news from The New York Times, National Geographic, BuzzFeed, The Atlantic,... .

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SBI launches NFC cards; to convert 100k POS machines to accept them

State Bank of India (SBI), the country’s largest lender, debuted its contactless NFC-based debit and credit cards today. The cards will be issued by SBI’s... .

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Rdio launches subscription based music and FM streaming called Rdio Select

Music streaming service Rdio, which launched in India this January, has introduced an on-demand subscription based option called Rdio Select for its users, reports The... .

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TV Today revenues at Rs 476.56 crore for FY15; TV broadcasting profits up 23...

The revenues from its TV broadcasting business for TV Today Network increased year on year (YoY) to Rs 461.08 crore for the year ending March... .

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DB Corp Internet revenues at Rs 8.95 Cr for Q4-FY15; Rs 7.35 Cr loss

The publisher of newspaper dailies Dainik Bhaskar, Divya Bhaskar, Saurashtra Samachar, Divya Marathi and DNA, DB Corp  has posted a loss before tax of Rs... .

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