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Quarterly profits up for Microsoft

Microsoft has published results for the third quarter of its current financial year, revealing a new record revenue figure.

Quarterly revenue reached $20.49 billion for the quarter (£13.42 billion; up 18% year-on-year), while net income was up 19% to $6.06 billion.

Author: The Fonecast
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Google quarterly results show profits up but Motorola Mobility still losing money

The first quarter 2013 financial results for Google show consolidated revenue of $13.97 billion (£9.1 billion; up 31% year-on-year) and net income of $3.35 billion (up 16% year-on-year).

Google’s UK revenue was $1.39 billion.

Author: The Fonecast
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HTC, LG and Samsung join the Power Matters Alliance for wireless charging

The Power Matters Alliance, which is committed to developing an open standard for smart wireless power, has announced that HTC, LG and Samsung have joined as members.

All three manufacturers have also used the rival Qi wireless charging technology in their devices.

Author: The Fonecast
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Visa Europe introduces instant pan-European person-to-person mobile payments

Visa Europe is enhancing its mobile payment service with two new features: Multi-Currency and Immediate Payments. They’ll be available to any of the organisation’s member banks and payment service providers.

Immediate Payments is being launched in the UK this week, making it possible for consumers to receive money sent from other mobile phones in less than 30 minutes.

Author: The Fonecast
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