Sometimes you just gotta do your own thing. Such was the case with Boris Vaisman, who dropped out of Y Combinator’s winter batch (where he was on kid-safe phone lockdown tool, Kyte). Says Vaisman, it was just a matter of “having a different vision in terms of how to move forward.” So what has Vaisman, along with co-founder Ankush Agarwal, now launched instead? Play Safe, an app for Android that lets kids safely play games on your own smartphone.
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After a rough day yesterday, RIMM’s stock opened down 10% today, trading at $10.05 at the opening bell. The stock price briefly recovered but it’s on a steady downward trend as of this post’s writing. If this slide continues, the stock is set to hit a low not seen since 2003.
Trading of RIMM shares was halted for 15 minutes yesterday in order to issue a what the company called a “business update“. CEO Throsten Heins detailed RIM’s recently challenges and also explained that the company is employing the help of Royal Bank of Canada and J.P. Morgan to evaluate financial strategies. The company also warned that it will report a loss for the fiscal quarter ending on June 2. This came on the heals of report that states RIM is set to layoff a major chunk of its workforce. → Read More
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Much has been said about the Nokia Pureview 808 since its debut at MWC in February, but most recently the rumors have centered around delayed availability in the UK. The phone, and its 41-megapixel camera, weren’t expected to hit shelves across the pond until July.
But according to Amazon’s UK site, the phone will be available on June 21 unlocked for £499.98 (US$778). Camera happy customers are more than welcome to place their pre-orders now. → Read More
Roambi, one of the most popular names in an emerging set of business intelligence (BI) apps, has found an eager audience thanks to its enabling companies to transform their snooze-inducing Salesforce, Oracle, or SAP data (i.e. BI data) into interactive mobile dashboards, snappy charts and sexy graphs, and instantly deliver them to the iPad.
And today MeLLmo (the creator of Roambi) is taking its functionality one step further with the launch of a new platform that gives organizations the ability to deliver analytics and multimedia content to anyone with an iPad. The key value proposition of the new platform being that companies can now not only create interactive reports, but actually turn their sexy, magazine-style reports into apps that can be published on the App Store. → Read More
One of the nice little surprises at Samsung’s Galaxy S III unveiling in London was that the device would be preloaded with the fabled Android version of the Flipboard social magazine app. The news came from out of the blue — while the iOS version has garnered plenty of acclaim and some nifty new updates, Android users were (largely) left out in the cold.
Now it appears that the app will soon be finding its way onto other Android devices, but perhaps not in the way that most users would hope. According to a new report from Engadget, the Flipboard team is close to releasing a beta version of the app to a small number of users to gain critical feedback before launching the final product.
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Today PayPal opened up a new front in its strategy to expand its role in mobile payments, a business PayPal projects will generate it $7 billion in revenue this year. The eBay-owned payments company today launched a new retail mobile payments app for iOS and Android devices, PayPal InStore, where users can create barcodes that get scanned to deduct payments from users’ PayPal accounts. Available only in the UK, clothing chains Coast, Oasis, Warehouse, and Karen Millen are the first to sign on to the service, and PayPal tells me there are no plans to add NFC to the app any time soon.
PayPal InStore underscores some of the challenges that remain with NFC technology. Yesterday, Gartner presented a picture of a $172-billion mobile payments industry that is still largely based around older technologies like SMS and web-based payments, with newer services like NFC chips playing a very marginal role. And Juniper Research today noted that transactions made on NFC phones in North America and Western Europe will account for less than two percent of all mobile payments this year.
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Nokia today announced it is losing another senior executive: Esko Aho, who had once been the prime minister of Finland and is currently EVP, corporate relations and responsibility and a member of Nokia’s leadership team, is leaving the beleaguered handset maker for Harvard University. There, he will be the Senior Fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School for public policy. He had been with Nokia since 2008 and a member of the executive team since 2009.
In his role at Nokia, Aho had overseen the company’s global policies and activities regarding sustainable development and social responsibility. Although his departure may not appear as destabilizing as some other executive exits — Colin Giles, Nokia’s EVP of sales, is leaving at the end of June and is not being replaced — it is still a sign of how much the company is shedding the old guard as it looks to turn its struggling business around.
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Since launching in mid-2011, doxo has been on a mission to make your life paperless. With its “digital filing cabinet” software, the Seattle-based startup aims to create a single place for users to manage their bills, be they phone, cable, or credit card.
Of course, the world is quickly going mobile, and payment solutions are going right along with it. So, in an effort to close the loop between web and mobile services, Doxo is today launching a new mobile payment and management solution, along with a new Android app, to finally allow users to both receive and pay bills from their mobile devices. → Read More
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Facebook had another tough day today in the public markets, with shares now trading at around $28 after debuting less than two weeks ago at $42.05. Good timing, then, for a new slideshow report out today from the boutique French consulting firm faberNovel, which encourages us to look at the bigger picture, and why, in its words, Facebook is “the perfect startup.”
The mammoth slideshow is an annual thing for faberNovel, which picks one company to tackle each year — others have included how Amazon controls e-commerce, how Apple dominates, and what could go wrong with Google. Like those before, the one out today on Facebook is a deep-dive into the company, and it looks not just at the origins of the social network, but what sets it apart from other attempts at global social networks — and other startups. (And by the way, faberNovel sees all this drama and attention on the IPO as just “one point on a startup trajectory.” Some investors may not feel quite the same.)
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Canadian smartphone manufacturer RIM has briefly ceased trading of their stock today in order to issue a “business update” from CEO Thorsten Heins to their stockholders.
Though the release takes the time to outline some of the company’s recent personnel changes, Heins also points out that the company has enlisted the services of both the Royal Bank of Canada and J.P. Morgan to help the company evaluate their financial strategies going forward.
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Evo.
It’s one of the few HTC/Sprint models to make a splash in the mobile ocean, and after a brief stay at U.S. customs, the latest iteration should do the same.
The Evo 4G LTE is the most powerful Evo to date, with a 4.7-inch 720p display, a 1.5GHz dual-core processor, and 1GB of RAM under the hood. But these specs are in no way novel, which means that quite a bit comes down to HTC’s software offerings and design language. → Read More
Sprint CEO Dan Hesse has been planning to kill off the carrier’s aging iDEN network since 2010, but now Sprint has finally delivered a date for iDEN’s demise. The carrier has just announced that they plan to pull the plug on their iDEN network as soon as June 30, 2013.
Thankfully, from the ashes of the company’s near-dead 2G network will rise enhanced 3G service and Sprint’s new 4G LTE network. → Read More
Mobile app downloads continued to decline in April and the cost to acquire loyal users picked up, reports mobile marketing firm Fiksu in its latest report out today. This downward trend was expected, as no major events sparked app discovery during the month, explains Fiksu CEO Micah Adler. However, mobile app marketers were particularly aggressive in the social networking and games categories during April, both of which experienced volatility throughout the month. With the former (social networking), the reason had to do with the $1 billion acquisition of Instagram, which drew increased attention to the category. There were also a number of new game releases in April, which led to increased interest and competition among the developer community in that category, as well.
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Now look: these are probably fake as all get-out, but bear with me. These handsomely watermarked photos are purported to represent a brand new iPhone design with a sort of two-tone brushed and chromed casing. Whether they are real or not (they’re definitely going to get UBreakIFix plenty of SEO juice), there is still a bit more to this story than just some blurry-cam shots (and these nice shots on 9to5mac). The most important thing to note is the size of the dock connecter. That’s right: it’s a micro USB port (or, less likely, a Thunderbolt port). → Read More
Rumblings of a new, Google-free iOS Maps app have been winging their way around the web for a few weeks now, and just in time to whet our appetites before WWDC, an early version of the revamped app has apparently been caught on film.
The folks at BGR managed to score a handful of (extremely blurry) photos depicting the new in-house Maps application that Apple will reportedly unveil alongside iOS 6 next month. → Read More
One more Y Combinator startup from the March 2012 class has bagged a seed round of funding. PlanGrid, which has created a groundbreaking app for the construction industry, has raised $1.1 million from a notable list of backers. They include Suleman Ali, founder and CEO of TinyCo; Sam Altman, founder of Loopt; Paul Buchheit, the creator of Gmail; Matt Cutts, the head of Google’s Webspam team, Ray Levitt, Director of Stanford University’s Construction Engineering department; building-sector-focused Navitas Capital; as well as 500 Startups and Y Combinator itself.
Plus, here’s a twist: the funding marks the first investment in a startup (outside of acquisitions) by the cloud-services company Box, as part of its /bin Box Innovation Network initiative. → Read More
No, NFC still hasn’t come to the iPhone — or many other devices, for that matter. But this does not appear to be stopping the momentum in the world of mobile payments. Research out today from Gartner says that this year will see more than $171.5 billion in mobile payment transactions — a rise of over 60 percent on 2011′s $105.9 billion — with 212.2 million people (up 32 percent from 160.5m in 2011) using some form of mobile payment service. And what’s fuelling the rise? Despite the rise of smartphones, it’s legacy-based services like SMS and web-based transactions.
Longer term, Gartner believes that transactions will reach a volume of $617 billion by 2016 — with average growth slightly slowing down to around 42 percent — with 448 million users using such services.
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The Facebook IPO was supposed to be Silicon Valley’s shining moment. It’s the book-end for the decade of recovery that followed the first wave of consumer Internet companies. It was the debutante ball for the next great Silicon Valley company, the one with the most potential to last a generation or longer.
Instead, it’s turned into a public relations disaster. If we look a little more closely though, the Facebook IPO probably has more devastating consequences for the rest of the late-stage private market than it does for the company itself. → Read More
There goes another one — RIM announced today that Chief Legal Officer Karima Bawa will soon be leaving the company. This is RIM’s second major departure in as many weeks, with RIM sales head Patrick Spence leaving the ailing smartphone maker last Wednesday.
At the time, sources pointed to audio electronics company Sonos as his likely landing spot, though neither Spence nor Sonos have officially commented on the situation.
Unlike Spence, who reportedly jumped ship after being passed over for the company’s vacant COO spot (Sony Mobile EVP Kristian Tear eventually got the job), Bawa’s situation seems much less contentious. After spending nearly twelve years with the company (two of which were in her current spot), she’s finally looking to retire. → Read More
Face.com’s CEO has shrugged off rumors that it is being acquired by Facebook for up to $100 million when we asked. But the addition of its facial recognition tech to Facebook’s mobile apps could make sure friend tagging continues as the social network’s user base shifts away from desktops.
In fact, about 45% of users of Face.com’s app KLIK end up sharing their photos on Facebook, which shows how popular mobile facial recognition could be.
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