There are two billion-dollar deals in this week's show, with Facebook acquiring Instagram and AOL selling hundeds of patents to Microsoft. In addition, we discuss the rest of the mobile industry headlines - from security to virtual reality.
Figures from Gartner forecast that worldwide media tablet sales will total 118.9 million units this year, a 98% increase from last year’s end-user sales of 60 million units.
Apple iPad devices are expected to account for 61.4% of all tablet sales (73 million tablets) in 2012. Android follows with 31.9%; just under 38 million tablets.
A new research report from Berg Insight estimates that 108 million mobile network connections were being used for machine-to-machine communication at the end of 2011, a 37% increase on the previous year.
Asia-Pacific was the strongest regional market, with a year-on-year growth rate of 64%, while Europe saw annual growth of around 27% to 32.3 million connections.