Japanese conglomerate Mitsui & Co will invest about $12 million in U.S. energy trading company Tres Amigas LLC. Tres Amigas is involved in a project to link North America’s three primary power grids - the Western Interconnection, Eastern Interconnection and Electric Reliability Council of Texas (ERCOT) - using smart grid technology.
A study released on Wednesday by KPMG, a professional services network, found only 23% of consumers were willing to use mobile payments in place of other forms of payment, with 30% of younger adults much more willing to do so. One major obstacle to universal adoption of mobile payments is doubt among consumers and some companies that paying with one's smart phone is secure and easier than using a credit or debit card or cash.
The Dutch telecoms regulator has put KPN, the country's telecoms market leader, under close supervision, saying it may have broken the law to the detriment of consumers and competitors. KPN and other mobile phone operators in the Netherlands are already under investigation by the country's competition authority, known as NMA, for possible price-fixing.
Do you want to skype with a friend halfway around the world? Do you need to monitor your blood sugar levels? Did you forget your airplane ticket in the car on the way to the airport? Don’t worry, there’s an app for that.
Perhaps Verizon was a bit hasty in its decision to stop growing its FiOS TV and broadband Internet business in favor of wireless partnerships with big cable companies. U.S. regulators have launched a probe into Verizon’s recent wireless spectrum agreements, which could leave the largest wireless carrier walking away empty-handed.
In light of AT&T’s aborted deal to acquire T-Mobile’s North American assets, it remains to be seen how this will affect the M2M industry. T-Mobile’s M2M group in North America was led by John Horn, who recently left the company (with much of his team) for RACO Wireless, with the understanding that RACO w
The collapse of AT&T's deal to buy Deutsche Telekom's U.S. wireless unit may be welcome news for telecom network equipment makers, as money earmarked for the merger will be freed up for investments.
Gemalto, a provider of digital security, today announced that it has acquired SensorLogic, a provider of cloud-based platforms for machine-to-machine (M2M) application development. Terms of the transaction were not disclosed.