Facebook to test mobile payments service (Update)

Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

Fifth of websites 'lack privacy protection info'

A fifth of the world's websites and mobile telephone applications provide no information on how, or if, they protect users' personal data, a French watchdog said Tuesday.

China Unicom 1H profit leaps 55 percent

China Unicom Ltd., one of the country's three big state-owned phone companies, said first half profit jumped by more than half as it signed up more third-generation users and customers increased their usage of mobile data ...

Clear Channel adds talk to iHeartRadio

(AP)—Clear Channel says it is adding talk shows and listener-generated content to iHeartRadio, expanding the online radio service's offerings beyond music.

Magnetic CEO, Alibaba jackpot rejuvenate Yahoo

Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo since 2005 when it invested $1 billion in what ...

Intuit sells financial services unit for $1.03B

Intuit is selling a division that provides software to financial institutions in a deal worth about $1.03 billion as it focuses on products for consumers and small businesses.

Myanmar moves to delay foreign telecom deals

(AP)—Foreign companies hoping to tap into one of the world's final telecom frontiers grappled with lingering political uncertainties Wednesday after Myanmar's lower house of parliament ruled that licenses for two new cellphone ...

SK Telecom introduces world's fist LTE-A network

South Korea's SK Telecom announced Wednesday the launch of a new generation mobile network that offers speeds twice that of its existing long term evolution (LTE) network and 10 times that of 3G services.

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