Finnish mobile company Jolla says it has completed its latest investment round and has secured new financing for the company.
It follows an announcement in November, when co-founder Antti Saarnio described the company as being in a “death valley”.
A new report from wireless analyst firm Berg Insight predicts there’ll be 1 billion cellular machine-to-machine (M2M) subscribers by 2022.
It says the number of cellular M2M customers worldwide increased by 23% last year to a total of 265.2 million.
First Chief Operating Officer since Tim Cook
Apple has named Jeff Williams as its new Chief Operating Officer.
The role was previously held by Tim Cook until his promotion to CEO in 2011.
New EU roaming regulations are expected to cause a drop in mobile roaming revenue for operators in 2017, according to a forecast from Juniper Research.
Annual roaming revenue is predicted to fall by 28% in Europe and by 7% globally: a significant portion of an estimated $52 billion total in the year after next.
New focus on 'connected devices'
Mozilla has said it’ll stop producing smartphones based on its Firefox operating system. However, it will continue its research into other connected devices.
The announcement was made at a developer event earlier this week.