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New partnership between Yahoo! and Nokia

Yahoo! and Nokia have announced a 'worldwide strategic alliance' after five years of working together. The companies say they will use each others' strengths in email, instant messaging, maps and navigation services to provide consumers with 'world-class experiences' on PCs and mobile devices.

• Yahoo!'s maps will now be branded as "powered by Ovi", with Nokia becoming the exclusive provider of Yahoo!'s maps and navigation services.
• Ovi's chat and email services will now be provided by Yahoo! and branded as "Ovi Mail / Ovi Chat powered by Yahoo!"
• Both companies aim to eventually let consumers use a single Ovi/Yahoo! username across their services.

Author: The Fonecast
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2 million Euro investment for mobile video company Oonair

Barcelona-based Oonair, which enables companies to capture and publish video from a mobile device to the web, has received a €2 million equity investment through Spanish private equity fund bcnHighgrowth.

It says this equity investment will enable it to further develop its technology and will strengthen commercial development at a national and international levels - preparing Oonair to become the ultimate mobile content generation tool for media groups, engineering companies, emergency service and multinationals requiring the oversight of remote projects while reducing costs.

Author: The Fonecast
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