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Research: mobile ads cheapest on Windows phones [with chart]

The average eCPM for iPhones is $2.85, followed by Androids at $2.10, according to a new report from Opera that puts iPad at the top of that list.

Facebook buys Vancouver-based Acrylic Software

Acrylic Software, the Vancouver-based software design studio specializing in apps for Apple products, has been acquired by Facebook.

Pocket raises $5m to improve "read it later" capabilities

Pocket, the startup previously called Read It Later, has raised $5 million in a round led by Foundation Capital and joined by Baseline Ventures and Google Ventures, all prior investors.

Twonky Beam sends online videos to TV with a single click...

PacketVideo announced that the Twonky Beam button is now integrated into a range of content partner sites, enabling viewers to click once and send videos to their Internet-connected TV for watching on the bigger screen.

Kiip closes $11m to power up its mobile rewards platform

Mobile rewards network Kiip has raised $11 million in Series B funding led by Relay Ventures, with participation from others that include existing investors Hummer Winblad and True Ventures.

Rexly is acquired, becomes mobile-focused Live Nation Labs North

Live Nation Entertainment’s innovation group Live Nation Labs has acquired Rexly, the developers of a mobile platform for sharing and discovering music.

Research: smartphone and tablet users act on clicked ads [with chart,...

Nearly half (47 percent) of tablet users engage with ads on it at least once a week, a segment that drops to 25 percent for smartphone users. Once engaged, these mobile consumers are very likely to take action.

Twilio SMS now reaches 150+ countries in multiple languages

Cloud communications provider Twilio has added global SMS capabilities, which means its clients can now send and receive SMS worldwide to over 150 countries and more than 1,000 carriers in dozens of languages.

Social Point closes $7.4m, brings 'Social Empires' to mobile

Social Point, the Barcelona-based social games developer, announced today it has closed a $7.4 million Series B round of funding led by Idinvest Partners.

Paydiant dials up $12m for white-label mobile wallet

Paydiant, the provider of a cloud-based, mobile payment and offer redemption platform, has raised $12 million in its second round of venture capital, led by Stage 1 Ventures.