Over 2 billion mobile phone and tablet users will make some form of mobile commerce transaction by the end of 2017, according to a new report from Juniper Research.

That’s up from an anticipated 1.6 billion people this year.

Facebook has announced its latest quarterly earnings figures and has also revealed details of the social network’s mobile-based users.

The number of monthly active users (MAUs) was up 15% year-on-year to 1.28 billion, with mobile MAUs up 34% to 1.01 billion.

Facebook has agreed to acquire virtual reality company Oculus VR in a deal worth approximately $2 billion (£1.2 billion).

Oculus VR has become well-known for its ‘immersive’ virtual reality technology, having received more than 75,000 development kit orders for its Oculus Rift 3D virtual reality headset.

Facebook has agreed to acquire cross-platform instant messaging app WhatsApp for around $16 billion (£9.6 billion).

The deal to buy the five-year-old company includes $4 billion in cash and around $12 billion in Facebook shares.

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

Mark Bridge writes:

James Rosewell shows me a colourful roll of paper that's the width of an iPhone but well over three metres long. When I look closer, I can see it's a printed copy of the Wall Street Journal's mobile website. That's a lot of scrolling to do... and a pretty unfriendly user experience for anyone reading the news online. Why does it work so badly?

This week we talk to Chris Tombs from Timico, look at the Samsung F210 music-playing phone, ask Sunny Dehiri from Sunalysis about telecoms recruitment and review the week's mobile news headlines.

The Mobile News podcast team discusses the latest Google 'gPhone' rumours, looks at the new Mandarina Duck handset and talks about the week's industry news headlines.

This week the team discuss Nokia's mapping purchase, review the Sony Ericsson K850i and bring you all the latest mobile related news and views.

The team take a look at the news headlines including the first advertising funded mobile service from Blyk and all the latest iPhone & gPhone rumours. Plus a review of the HTC Touch using Windows Mobile 6.