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Google acquires Nest, O2 closes its Wallet, SMS usage falls... plus the rest of the week's mobile industry news

Podcast - 15th January 2014

This week's podcast starts with talk about money, as Google buys smart thermostat company Nest Labs while O2 UK closes its mobile Wallet product.

We're also looking at the decline of SMS text messaging in the UK, the end of the Cash4phones recycling business, an alleged security breach that wasn't what it seemed, mobile service on the Channel tunnel and the growth of 4G.

Author: The Fonecast
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Continental is working with Nokia HERE for in-car telematics and precise location technology

Continental is working with Nokia HERE for in-car telematics and precise location technology

Continental, the automotive supplier best known for its brakes and tyres, has announced a new project with the Nokia HERE mapping and location business.

It follows an announcement in September last year, when HERE partnered with Continental Corporation, Magneti Marelli and Mercedes-Benz.

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Almost half of all roaming revenue is expected to come from data by 2018

Operator revenue from mobile data roaming is expected to reach $42 billion (£25.5 billion) by 2018, according to a new report from Juniper Research. That means data will generate 47% of all mobile roaming revenue, compared to an estimated 36% last year.

This increase will be driven by increasing data usage, helped by customers moving to 4G and enjoying faster connections.

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Google acquires intelligent thermostat company Nest Labs

Google is moving further into the 'Internet of Things' with its latest acquisition.

It's agreed to buy Nest Labs - a company best known for its intelligent wireless thermostat - for $3.2 billion (just under £2 billion).

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The number of text messages sent in the UK is reported to have fallen for the first time

The number of SMS text messages sent in the UK fell last year, according to reports that quote the latest technology predictions from consultancy firm Deloitte.

It’s the country’s first-ever annual fall in SMS volume.

Author: The Fonecast
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