EBay Inc shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company's PayPal business.
MasterCard Inc (Purchase, NY, USA), one of the largest payment networks, said earlier this year that it plans a new fee for digital wallet operators like PayPal (San Jose, USA) starting in June.
The actual dollar amount PayPal ends up paying may not be that large, analysts say.
China Mobile Ltd said it plans to spend 41.7 billion yuan ($6.7 billion) developing 4G technology this year, hoping to tap pent-up demand for Apple Inc smartphones as it gets an iPhone model that will finally run on its network.
The world's largest mobile carrier - with more than twice as many subscribers as there are people in the United States - already has more than 10 million of its customers owning an iPhone even though the gadget doesn't properly work with the Chinese firm's homegrown TD-SCDMA 3G technology, which is not compatible with global technologies.
BlackBerry shares rose 14 percent on Monday, fueled by takeover speculation and news that AT&T Inc will start selling the new BlackBerry Z10 touchscreen smartphone in the United States on March 22.
The speculation was sparked by a comment from the head of China's Lenovo Group Ltd (Hong Kong), who told a French newspaper on Monday that the personal computer maker might consider an acquisition of Canada's BlackBerry (Waterloo) at some point in the future.
Bosch Software Innovation GmbH (Berlin) is well known for its business-process software products – some of which are used to supervise pipeline networks for major energy companies like Gazprom and E.ON. Bosch Software chose CeBIT 2013 to unveil a new, integrated software suite for what it calls the “Internet of Things & Services”.
Fast, efficient mobile payments could be a huge boon to business but companies must ensure customer data is safe and provide users with recourse in case of fraudulent or incorrect billing, the Federal Trade Commission said in a report on Friday.
The commission also urged every company in the mobile payment chain to track payments so customers know who to contact if there is an error; to tell customers what data is collected and why; and allow customers to block all third-party charges.
As the world goes increasingly mobile, payment companies are getting into the act.
Driven by increased consumer expectations for mobile broadband, solving operator problems by adding small cells to more traditional network topographies in outdoor environments was a recurring theme at this year’s Mobile World Congress. A roundup of some of the backhaul news from the shows follows.
T-Mobile USA, the fourth biggest U.S. mobile service provider, said on Friday that it would start selling the highly anticipated and much delayed BlackBerry Z10 touchscreen smartphone to its business customers on March 11.
The U.S. unit of Deutsche Telekom said business customers could get delivery of the device by the end of next week. It declined to give a date for the consumer launch except to say that it would be before the end of March.
European operators have called for greater progress on the development of “horizontal” M2M standards independent of the vertical industries they are addressing.
Speaking at this week’s M2M Zone Conference at the CeBIT tradeshow in Hannover, Jurgen Hase, the head of M2M for Deutsche Telekom (Bonn, Germany), warned operators that if they built up “silos”, as they have done in the past, they would fail.
“We need standards for different layers – not just connectivity,” he told attendees. “Otherwise this will not be scalable enough.”
Max Levchin, co-founder of online payment giant PayPal, launched a rival business on Tuesday called Affirm that will compete in the crowded but fast-growing mobile payments business.
Affirm's technology helps shoppers complete online purchases more quickly and easily when they are using smart phones and other mobile devices, according to the firm's website.
Deutsche Telekom has finally launched a joyn service in Germany just weeks after blaming technical difficulties for delays to its introduction of the technology.
The German incumbent becomes the latest operator to add joyn, the brand name for the Rich Communication Suite-enhanced (RCS-e) standard backed by the GSM Association (GSMA), to its portfolio of services.
Widely seen as an attempt by operators to fight over-the-top players on their own terms, joyn has been heavily criticised as too little and too late.