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New multi-million pound funding for Shazam

London-based mobile music recognition service Shazam has raised $32 million in new funding. The money will be used to help the company grow and develop its mobile applications.

Shazam is approaching 150 million users worldwide and is on course to achieve 250 million users within two years.

Author: The Fonecast
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Google Maps, Yahoo Weather and Facebook are UK's favourite mobile apps

The GSMA and comScore have just released data showing how UK mobile consumers use mobile applications. The data has been collected in partnership with mobile networks and is the latest in the GSMA Mobile Media Metrics series of reports.

Overall, almost 8.8 million UK mobile phone owners - 40% of the UK's mobile internet users - accessed an app that connected to the internet during April 2011.

Author: The Fonecast
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Mobile advertising is increasingly about location, says report

A new report from Pyramid Research says location-based advertising is becoming increasingly popular.

In 2008, the location-based advertising market was worth just $86 million worldwide, representing 10% of all mobile advertising. Last year, it had increased to $588 million - 18.5% of all mobile advertising - and by 2015 it's expected to reach $6.2 billion (£3.8 billion).

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Nokia gets new Location and Commerce business

Nokia has appointed Michael Halbherr, who's recently been running the product unit in Nokia's Services business, to the post of executive vice president. As well as being a member of the Nokia Leadership Team he'll now lead a new Nokia Location & Commerce business.

The Location & Commerce business will create new 'social location' products and services while continuing to serve customers of Nokia's NAVTEQ subsidiary.

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Accenture agreement with Nokia guarantees Symbian support to 2016

Last month Nokia CEO Stephen Elop said that software support for Symbian phones would continue until 2016 at the earliest. It's now become clear why he was able to give that date with such confidence.

Nokia and Accenture have published details of their agreement for the outsourcing of Symbian software development and support activities, which was first announced at the end of April.

Author: The Fonecast
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