Pearson, the British education publisher, purchased a 5 percent stake in NOOK Media, the Barnes & Noble subsidiary that’s behind the NOOK reader and its digital content store, for $89.5 million. “We…
Study: iOS Dominates Mobile Ads at 63%, Up from 47% Last Year
Despite all the talk about Google’s Android gaining market share to dominate the mobile space, truth is Apple dominates the mobile market when it comes to actual advertising served, perhaps because people…
Ooyala Report: Tablet Video Viewing Up 90%
In the last six months, viewing videos on tablets has grown 90 percent, according to a recent report from Ooyala, the online video streaming and monetization platform. In its Q3 2012 Global…
The CIA’s Venture Firm Invests in Mobile Cloud Security
By Anam Alpenia, Red Herring In-Q-Tel, the venture capital firm of the Central Intelligence Agency, made a strategic investment backed by a technology development agreement in cloud mobile security provider Tyfone for…
Australian Police Warn: Apple’s Map App “Potentially Life Threatening”
Police in Mildura, Australia have a bone to pick with Apple’s Map App that’s far more serious than a misplaced airport, an erased London or disappearing national monument. Authorities issued a startling…
Microsoft Teams Up with China Unicom to Boost Chinese Sales
China Unicom, the third largest wireless carrier, has announced a partnership with Microsoft to boost Windows Phone sales in China, the China Daily reported. Windows Phone currently holds 3 percent of the…
Disruption, Innovation & Growth Markets Take Centre Stage at MEF Americas 2012
Red Herring is pleased to announce that we are supporters of the third annual MEF Americas 2012: Mobile Content & Commerce – the essential cross-border event for thought leaders & deal makers…
Skyfire Nabs $10M to Ease Video Bandwidth on Global Scale
Known for being the first company to bring Flash video to iOS, Skyfire has raised $10 million in Series D funding to take its video data compression technology to a global scale.…
Apple’s iPad Mini: Small Screen, Big Bucks
Amazon and Google can breathe a sigh of relief. Apple unveiled its iPad Mini, a 7.9 miniature version of the iPad, for $329, a bit more expensive than the $250 analysts had…
Softbank to Pay $20B for 70% of Sprint
by Anam Alpenia, Red Herring Japan’s Softbank is purchasing 70 percent of Sprint for $20.1 billion to become the third largest company in the world in terms of revenues. Both companies agreed…