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Report: Despite App Explosion, Music is Top Seller on iTunes

Port Washington, N.Y. - Despite the rapid proliferation of paid applications and games available for purchase from Apple's (NASD:  AAPL) iTunes Store, more than half (56%)...

ShoutEm Gets $1.2M for White-Label Mobile Social Networks

Zagreb, Croatia - ShoutEm, the provider of a service that lets anyone create a location-based mobile social network, has raised $1.2 million in its second round...

Google Acquires Social Mobile Games Firm SocialDeck

Waterloo, Ontario - Google (NASD: GOOG) has acquired SocialDeck, a developer of social games for mobile devices, according to a note on the company's website. "We're super excited...

Intel Acquires Infineon Wireless Chip Unit for $1.4 Billion

Santa Clara, Calif. - Chipmaker Intel (NASD:  INTC) has announced that it will acquire Infineon Technologies' Wireless Solutions business for approximately $1.4 billion. Germany-based Infineon provides...

Mobile Game Publisher Glu Raises $13.5 Million

San Mateo, Calif. - Mobile games publisher Glu Mobile announced on Monday that it has completed a previously announced private placement of its shares with existing...

Music Video Portal Vevo Sees 1 Million iPhone App Downloads

New York - Music video portal Vevo said this week that its new iPhone application has been downloaded over one million times since its release on...

PR Firm Reverb Settles With FTC Over 'Fake' iTunes Reviews

Washington - Reverb Communications, a public relations firm that serves video game companies, has settled charges from the Federal Trade Commission (FTC) that it posted phony...

Netflix Debuts TV, Movie Streaming App for the iPhone

Los Gatos, Calif. - Netflix (NASD:  NFLX) on Thursday released an application for Apple's (NASD:  AAPL) iPhone and iPod touch that let subscribers to the online...

Kooaba Lands $3 Million for Mobile Visual Search

Zurich, Switzerland - Kooaba, the developer of a mobile visual search engine, has raised $3 million in new financing from Swiss investors, TechCrunch reported. The company was...

Virgin Mobile Offering Unlimited 3G for $40 per Month

Los Angeles - Virgin Mobile has announced the availability of a new service plan that offers unlimited 3G for $40 a month, Wired.com reported, noting the...