Nokia Corp., once king of the handset world, has been going through a tumultuous period as of late. Stephen Elop, who took over the CEO position last year after his predecessor Olli-Pekka Kallasvuo was unceremoniously booted out for failing to maintain the Finnish manufacturer’s competitive edge, has made some aggressive changes.

Poor PC vendors. If a new report by analyst firm IDC is to be believed, the world and his wife are conspiring to reduce PC shipment growth for the rest of 2011. At the beginning of the year IDC predicted 7.1% growth for the PC sector, however after a poor Q1 that forecast has now been revised down to just 4.2%.

Ready for a daily deal? This one may cost a lot. Groupon announced it has filed with the Securities and Exchange Commission (SEC) to go public in hopes of raising $750M in an IPO. Groupon’s IPO is underwritten by its own group of investors in Morgan Stanley, Credit Suisse and Goldman Sachs. Few companies have [...]

Money is an easy thing to want to be in business with — I mean actual money. The carriers, banks, credit card companies and startups like Square Inc. are aiming for what many are predicting to be the next big channel for financial transactions. The transfer of money between or via mobile devices isn’t exactly [...]

Yesterday Google announced their long-rumoured NFC Android payment system, Google Wallet. The service was met with cautious optimism from the assembled press, and will begin trials in New York and San Francisco from today. PayPal however, aren’t very happy about the new product.

Google is holding a “partners event” today in the Big Apple, and its been all-but confirmed that the search giant will be launching its NFC payment system, the imaginatively-named Google Wallet , along with some retail partners.

Eponymous video streaming website YouTube is today celebrating its sixth birthday, while mobile advertising platform AdMob is marking one year as a Google property. In separate blog posts today both the YouTube and AdMob teams shared some impressive numbers showing how the two services continue to grow.

Google is accelerating its march to join the mobile payment business by partnering with Citibank, Mastercard, Spring and several retailers including Macy’s, American Eagle and Subway. The company is expected to announce “mobile wallet” services tomorrow on the Google Nexus S, allowing users to make payments on Mastercard PayPass terminals using near-field-communication (NFC) technology. Many [...]

As far as tarnished reputations go, Sony is currently in rare air. The initial hacking furore of mid-April, which resulting in the company’s PSN gaming network and Qriocity media service being shut down for three weeks, is far from over.

North Korea’s only 3G operator has reported the number of 3G mobile subscriptions in the country has surpassed half a million. The number represents a landmark for the company since it hit something of a peak in 2009, and was forced to rethink its strategy by adding new value-added services to raise the average revenue [...]