Boku Rings Up $35 Million in Funding From NEA, Telefonica

Just after announcing a new mobile payments system, Boku has secured $35 million in funding.
Boku_payment_instruments_wpaypass

EC Confirms Inquiry Into Possible Telecom Collusion

Europe’s five biggest telecoms could face an investigation into possible collusion.
clouseau_380x285

Cisco Lays Out Aggressive Strategy to Capture More Cloud Business

Networking giant Cisco Systems has been talking for awhile now about its intentions to become a big supplier of cloud infrastructure. Today it got specific, with a portfolio of products it collectively calls CloudVerse.
cloud1

Nokia’s Lumia 800 Is Pretty, All Right — Pretty Expensive

A Telefónica exec says Nokia’s new flagship smartphone is just to pricey to succeed.
lumia800

News Byte

Telefonica Signs BOKU to Aid With In-App Payments

Global wireless carrier Telefonica is aiming to make it easier for developers that want to enable in-app payments on their network, tapping BOKU to aid in the effort. The move is the carrier’s latest effort to enable network-specific features such as Internet telephony, text messaging and carrier billing, all tapping directly into Telefonica’s network. (This NewsByte has been updated, correcting an earlier mischaracterization of the service.)

News Byte

Boku Signs Direct Billing Relationship for Physical Goods with Telefonica

Boku, a mobile payments provider, said it has signed a direct carrier billing relationship with Telefónica’s O2 in Germany. That means that O2 customers can charge virtual, digital and physical goods ranging from .09 Euros to 30 Euros to their carrier bill by entering their phone number into an app or other form. In general, the trend has been for carriers to increasingly lower the fees they charge for physical goods to make charging lower margin goods to the carrier bill more feasible. Boku says it’s connected to 230 operators in 65 countries, although not all carriers support physical payments.

IBM Offers Its Cloud To Watch The UK's Electrical Grid

Big Blue teams up with the British telecom giant Cable & Wireless to join the race to provide UK homes and businesses with smart electrical meters.

90 Percent of AT&T iPhone Subs Still Under Contract

A metric worth mulling as AT&T’s previously monogamous relationship with Apple shifts into polyamory: 90 percent of the carrier’s iPhone users are still under contract.

Pegatron About to Begin Building CDMA iPhone Verizon Hasn’t Yet Earned

Cue up those Verizon iPhone rumors once again: Industry sources are telling the occasionally reliable DigiTimes that Pegatron Technology will begin volume production of a CDMA version of the iPhone 4 in November.
jobs_canyouhearmenow-250x205jpg

Palm: On a Road to Recovery or a Highway to Hell?

With Palm’s shares up more than 900 percent since January, they were destined to suffer a correction someday. And now it seems that day has finally come. Shares in the handset maker fell some 23 percent last week amid concerns about increased competition from Google’s Android operating system, which is being rolled out on a number of devices at a variety of carriers, including Palm partner Sprint.
mcnamee_hell

Gmail Exits Beta

Palm Pre in Europe by Christmas

Palm Pre con Movistar en España?