Clairmail Inc. is being acquired by Monitise plc in a deal valued at $173 million, a consolidation in the mobile banking and payments industry as it enters the mainstream of developed countries.

If you’ve ever envied Mario’s ability to pluck coins from thin air, Borglar has an augmented reality app for you. It puts a rather literal angle on brand visibility, while combining a touch of geocaching and gaming to the concept of social check-ins.

March Madness spiked smartphone, tablet and Internet traffic, as fans realized these devices unchained them from their TV sets for 2012 NCAA Tournament games.

Get ready to lose even more time to "Fruit Ninja," now that its developer Halfbrick Studos has purchased Onan Games, a company whose technology can move games from one platform to another.

Geo-social app Wallit uses augmented reality to erect virtual walls in public places on which its users can leave messages for each other. A new update indicates ways the free app could be monetized.

This year's March Madness, formally known as the NCAA Tournament Division I Men's Basketball Tournament, will garner nearly 18 million hours of streaming video consumption through online and mobile apps, according to calculations made by the Internet Innovation Alliance (IIA).

Global mobile payments company Boku has secured $35 million from New Enterprise Associates (NEA), Telefónica Digital, Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures.