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Microsoft has announced record quarterly revenue of $16.04 billion for the period ended 30th June 2010, a 22% increase from the same period last year. Operating income was up 49% year-on-year and net income was up 48%.

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Vodafone has published quarterly results for the three months ending 30th June 2010. In the UK, service revenue was up 0.7%, contract churn had dropped to 15.5% and 245,000 net contract customers had been added.

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UK Crime Prevention Minister James Brokenshire has announced a new mobile industry code of practice that's designed to stop stolen phones being recycled for cash.

90% of handsets reported stolen in the UK are now blocked across all networks within 48 hours of reporting, making them virtually useless to criminals trying to sell them within the UK. However, until now it's been possible to sell these phones to recycling companies.

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Mobile payment company mopay is introducing a new service called mopay call. It'll give online shops the option of letting customers pay by making a conventional telephone call from a fixed-line phone.

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Internet services company AOL Inc has revealed a new mobile website at m.aol.com and is also launching a couple of Android applications. The news comes a month after ex-Palm man David Temkin joined as the company’s new Vice President of Mobile.

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