Mark Bridge writes:

Patents were a very popular topic of conversation last week. Google sold its Motorola Mobility smartphone business to Lenovo but hung on to most of the patents. Does this mean the patents were the most valuable part of the business? Well, when you look at the difference between the original purchase price and the sale price, it seems a reasonable conclusion.

Inq Mobile, a Hutchison Whampoa subsidiary that launched in 2007 as a mobile phone manufacturer and produced one of the first so-called ‘Facebook phones’ before changing its focus to mobile software, has closed down.

Last year it produced a personalised magazine application called Material and a ‘social homescreen’ app called SO.HO.

Mark Bridge writes:

As the final days before this year’s Mobile World Congress approach, we discover there are two types of scheduled news announcements from the wireless telecoms industry.

There are the announcements delayed until MWC begins because the company wants to be part of the buzz at Barcelona. And there are the announcements made in the fortnight beforehand because they don’t want their story to get lost.

Inq, the Hutchison Whampoa subsidiary that started life five years ago as a mobile phone manufacturer before changing its focus to mobile software, has released the beta version of its new Material application.

Material is described as a ‘content discovery service’ that creates a twice-daily electronic magazine from information from the user’s Twitter and Facebook feeds.

Frank Meehan is stepping down from his role as CEO of Hutchison Whampoa-owned INQ Mobile.

He’ll now be working with other technology businesses owned by Li Ka-shing, the chairman of Hutchison Whampoa. Mr Meehan is on the board of Spotify, TOM, TOUT and Trapit.