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GyPSii Secures $11 Million for Social Mobile Applications

Amsterdam - GyPSii, the provider of a location-enabled social media platform, announced on Monday that it has closed an $11 million funding round, led by Schroders. Amsterdam-based GyPSii...

Sequoia Backs Mobile Application Developer Snaptu

Menlo Park, Calif. - Snaptu, a developer of mobile applications, announced that it has secured an undisclosed sum of new funding from Sequoia Capital. Tel Aviv, Israel-based Snaptu,...

Verizon Looks to Offer 4G Handset by Mid-2011

Barcelona - Verizon Wireless (NYSE: VZ) said this week that its first handset to utilize its next-generation 4G network could become available by mid-2011 -- some six months...

Google Debuts Mobile Stock Check Service for Retailers

Mountain View, Calif. - Google (NASD: GOOG) this week rolled out a new mobile shopping feature that lets consumers check to see if items they are interested in...

Survey: More Than Half of Workers Check Devices While Driving

Chicago - More than half of workers who own smart phones said that they check their devices while driving a vehicle, according to a new survey...

Motorola Makes Bing Default Search on Android Phones in China

New York - Motorola (NYSE: MOT) plans to add Microsoft's (NASD: MSFT) Bing search engine as the default on the Android-based phones it sells in China, replacing Android developer...

Report: News Corp. Pondering Sale of Mobile Firm Jamba

London - News Corporation (NYSE: NWS) is considering a sale of Jamba, the mobile content publisher and distributor it acquired control of for around $381 million in...

Report: FTC Probing Google Rivals on AdMob Acquisition

Washington - The U.S. Federal Trade Commission (FTC) has solicited sworn declarations from Google's (NASD: GOOG) competitors, on the potential for reduction in competition in the mobile ad...

Chomp Lands $2 Million for iPhone App Recommendations

San Francisco - Chomp, a provider of reviews and recommendations of applications for Apple's iPhone, has raised $2 million in new funding, VentureBeat reported. Investors included Bluerun Ventures,...

YouTube Now Serving Ads on Mobile Sites in U.S., Japan

Mountain View, Calif. - Google's (NASD: GOOG) YouTube has begun serving ads on the mobile version of its website, which saw traffic grow by over 160% in...