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Report: Yahoo in Talks to Acquire Location Service Foursquare

Sunnyvale, Calif. - Yahoo (NASD:  YHOO) is in talks to acquired location-sharing startup Foursquare for as much as $100 million, Business Insider reported, citing "sources close to...

Report: Nokia to Release Tablet PC This Year

Espoo, Finland - Nokia (NYSE: NOK) is developing a tablet computer that is expected to begin selling later this year, Reuters reported, citing Rodmand and Renshaw analyst...

Netflix to Offer iPhone Instant Streaming Application

Los Gatos, Calif. - Netflix (NASD: NFLX) has announced in a blog post that, following the release of an application for Apple's iPad that allows instant streaming of...

Rhapsody Completes Spinoff; Debuts $10 Mobile Streaming

Seattle - Rhapsody, the digital music service launched by RealNetworks (NASD:  RNWK) seven years ago that would later become a joint venture with Viacom's (NYSE:  VIA)...

Stitcher Nabs $6 Million for Customized Talk Radio for Mobile

San Francisco - Stitcher, a service that lets users customize talk radio programming on their mobile devices, announced on Tuesday that it has raised $6 million...

Report: Microsoft to Debut Mobile Phones at April 12 Event

San Francisco - Microsoft (NASD:  MSFT) will introduce a pair of new mobile phone handset models at an event in San Francisco on April 12, CNET...

Apple to Release iPhone OS 4.0 on Thursday

Cupertino, Calif. - Apple (NASD: AAPL) on Monday invited the press to an event on Thursday at which it will introduce the latest update to the operating system...

NearVerse Gets $1 Million for LoKast Mobile Sharing Platform

Philadelphia - NearVerse, a provider of mobile marketing services, said on Monday that it secured $1 million in seed funding from Meakem Becker Venture Capital back...

Kleiner Perkins Doubles iPhone/iPad Fund to $200 Million

Menlo Park, Calif. - Venture capital firm Kleiner Perkins Caufield & Byers announced on Wednesday that it is doubling its iFund, which provides financing to developers working...

Sweden's Aspiro Submits WiMP Music App for iPhone Approval

Stockholm - Aspiro Music said on Tuesday that it has submitted a streaming music application to Apple for approval for distribution in the App Store for...