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Another multi-million pound investment for Shazam

Another multi-million pound investment for Shazam

America Movil, which is Latin America’s largest mobile telecom network operator, has invested $40 million in mobile music recognition and media engagement company Shazam.

The money will help accelerate Shazam’s growth as well as funding the development of new products.

Author: The Fonecast
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iZettle moves its mobile payment service beyond Europe by launching in Mexico

Mobile payment business iZettle has launched its service in Mexico today and has appointed former Visa executive Luis Arceo as Managing Director of its Mexican operations.

It’s the first time iZettle has ben available outside Europe.

Author: The Fonecast
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4000 jobs affected as Nokia moves device assembly to Asia

Nokia says it plans to move device assembly away from its factories in Komarom (Hungary), Reynosa (Mexico) and Salo (Finland).

It intends the three factories to focus on smartphone product customisation, while device assembly will to be transferred to Nokia factories in Asia.

Author: The Fonecast
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3,500 Nokia workers threatened by new changes

Nokia has announced new plans to ‘align its workforce and operations’ that’ll see around 3,500 jobs being cut.

Nokia’s manufacturing facility in Cluj (Romania) and its Location & Commerce operations in Bonn (Germany) and Malvern (USA) will be closing.

Author: The Fonecast
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Two out of five mobile phone users plan to buy iPhone 5, says research

Independent mobile ad network InMobi has published research that looks at the anticipated Apple iPhone 5, which is expected to be announced next week.

It’s found that 41% of mobile users in the USA, Mexico and Canada plan to buy an iPhone 5 - and over half of them expect to make the purchase within six months of launch.

Author: The Fonecast
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