Home and health devices controlled by apps on the rise

Reuters

Tired of checking the washing machine to see if a cycle has completed, or worrying that the lights were left on at home? Apps are increasingly helping people monitor and control objects remotely on their mobile devices.

From Internet-connected washing machines and smart refrigerators to bathroom scales, gadgets that connect to the Internet are on the rise in homes, and apps are the means to monitor and control them.

PayPal hopes to break US shoppers' swipe habit in stores

Reuters

PayPal will soon be ubiquitous in U.S. retail stores, but just being there may not be enough.

The online payment service will take a giant step beyond its Internet roots on April 19, when a partnership with Discover Financial Services (Riverwoods, IL, USA) officially kicks in. The deal means that, by the end of this year, PayPal will be accepted as a payment option in roughly 2 million retail stores that already take Discover credit cards.

DragonWave cuts 33 pct jobs, amends deal with Nokia Siemens

Reuters

Telecom network equipment maker DragonWave Inc said it cut 33 percent of its senior management jobs and amended its deal with Nokia Siemens Networks to reduce operating costs.

Cash-strapped DragonWave (Ottawa, Canada), which has been trying to reduce costs since it acquired Nokia Siemens's microwave technology business last June, said last month that it would cut costs further but did not specify what the measures were.

The company cut 116 jobs in Ottawa and Israel in 2012.

M2M SIM shipments up sharply in 2012: SIMalliance

Shipments of so-called MFF2 SIM cards designed to withstand the harsh conditions of various M2M deployments rose by 42%, to 5 million, between 2011 and 2012, according to new figures released by trade association the SIMalliance.

The organization said the increase illustrates the potential of the M2M opportunity and expects to see further growth in the next few months as applications are introduced in new vertical markets.

Weightless M2M standard to boost white-space development

The Weightless Special Interest Group (SIG) says it has ratified version 1.0 of its standard for the use of M2M communications in TV white-space spectrum.

The standard has been in development for more than two years, backed by organizations including chip designer ARM (Cambridge, UK), Vodafone-owned communications group Cable & Wireless Worldwide (Bracknell, UK) and web giant Google (Mountain View, CA, USA).

Antenova to focus on M2M, connected devices

Antenna provider Antenova is to rebrand itself as Antenova M2M and focus on building its position in the M2M and connected-device markets following the departure of chief executive Greg McCray in February.

With McCray now heading up ACAL Energy (Runcorn, UK) – a developer of fuel cell systems – Antenova (Cambridge, UK) is reportedly being led by managing director Chris Flack.

The company says its antenna solutions already have a proven track record in a range of M2M settings, including telematics, automatic meter reading, m-health, wireless security and home automation.

PayPal tests merchant financing as Kabbage raises debt

Reuters

EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces.
PayPal (San Jose, CA, USA) has already tested a financing program for eBay sellers in the UK and it plans similar tests in the United States this year, a company spokesman said on Tuesday.

Huawei forecasts sales growth of 10% in 2013

Chinese equipment maker Huawei expects its revenues to grow at a compound annual rate of 10% over the next five years, despite the current slowdown in the equipment market and its difficulties in the US.

Huawei (Shenzhen, China) provided the forecast after reporting that net profit for 2012 was 32% higher than for 2011, at RMB15.4 billion ($2.48 billion), with revenues up 9%, to RMB220.2 billion.

“In 2012, Huawei met business performance expectations through improved operational efficiency,” said Guo Ping, Huawei’s rotating and acting chief executive.

eBay sets aggressive 2015 targets, shares climb

Reuters

EBay Inc foresees annual earnings growth of 15 percent to 19 percent over the next three years, and is targeting an increase in revenue of as much as 68 percent for the period. The aggressive goals drove its shares up more than 4 percent.

Executives told analysts at eBay's annual investor day on Thursday that they expect revenue of $21.5 billion to $23.5 billion in 2015, versus $14 billion in 2012, as the company expands globally, focusing more on local commerce and using mobile technology to lure shoppers.

T-Mobile USA eyes growth from iPhone, marketing changes

Reuters

T-Mobile USA said on Tuesday that it will start selling Apple Inc's iPhone on April 12, making it the last of the big national U.S. operators to sell the popular smartphone.

The No. 4 U.S. mobile provider, which is seeking to merge with smaller rival MetroPCS Communications (Richardson, TX, USA), is hoping the device can help stem customer losses. The launch follows a marketing overhaul that eliminates device subsidies and two-year service contracts favored by its bigger rivals.

Featured Reports

Global Connected Consumer Devices: Key Trends, Opportunities and Market Forecasts 2015 - 2020

An evaluation of Connected Consumer Device ecosystems, market drivers, constraints, and opportunities for value chain constituents
Learn More

 

End-to-End M2M, Seventh Edition
This report includes forecast data for the period 2014 – 2019 with analysis of key drivers, success factors, and industry dynamics.
Learn More

 

The Future of Cloud WAN
The emergence of cloud computing has put new demands on the WAN. Not only do customers demand highly robust and secure WAN connections, but they must also deliver new levels of flexibility and manageability.
Learn More