PlaySpan, a Californian company that provides digital goods, micro-transaction and global payment platforms, has arranged an $18 million investment. New investors include Vodafone Ventures and Softbank Bodhi Fund alongside the company's existing investors. This capital increases the company's total funding to approximately $42 million. PlaySpan says the new investment will be used to expand into Europe and Asia and to grow PlaySpan's global publisher and user base.
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Chinese mobile manufacturer ZTE Corporation has announced interim financial results for the first half of 2010. Operating revenue increased by 10.9% year-on-year to $4.524 billion (around £2.9 billion), with almost a fifth of this coming from European and US markets.
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HP has reported quarterly results that show net revenue up 11.4% year-on-year to $30.7 billion for the last full quarter that former CEO Mark Hurd was in charge.
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