Mobile ticketing company Masabi is to receive a $2 million investment from London-based m8 Capital. The money will support Masabi's introduction of mobile ticketing on UK railways and will also be used for international expansion.

Three UK has launched 0.facebook.com, the 'lightweight' mobile version of the social networking site. The service was announced at Mobile World Congress this year and went live in May, although it wasn't supported by any UK networks. Now Three says it'll offer its customers free mobile browsing on the new 'Facebook Zero' site for at least the next 12 months.

International mobile phone service provider Lebara has launched 'pay monthly' SIM-only contracts in the UK. Charges start from £10 per month and include up to 2000 Lebara-to-Lebara call minutes and text messages, along with an allowance of UK or international calls. There's a minimum contract term of three months. Lebara is also offering up to 10MB of mobile internet access per day free until 1st November 2010 as part of a special launch offer.

The winners of Vodafone Mobile Clicks 2010 have been announced today. This competition, which aims to find the most innovative mobile internet start-ups, started with 160 entrants from the UK, Spain, Portugal and the Netherlands. At the PICNIC event in Amsterdam today, Cardmobili was chosen to receive the €100,000 first prize. Roulette Cricket won a runner-up prize of €50,000.

Vodafone UK has changed the password reminder option for its online account management system. A number of reports recently noted that entering (or guessing) a mobile phone number would reveal the user's email address – and entering a user name would do the same.