Splashpath founder Dan Morgan (left) with Olympic swimmer Michael Phelps
London startup Active in Time has taken the path less traveled to financing by licensing its Splashpath swim tracking app to Speedo. Read more
Nokia trained its sights on iPhone users with the launch of a new metal Lumia handset on Tuesday, as latest figures showed its share of the smartphone market had fallen by almost five percentage points.
According to the latest data from Gartner, a steep decline in sales of cheaper feature phone – still popular in emerging markets – led to a loss of mobile market share in the first quarter of this year, from 19.7 per cent in the first quarter of 2012 to 14.8 per cent this year. Read more
Strike one up for the humble firewall, veteran of network security software.
McAfee, the 25-year-old security software maker founded by John McAfee and bought by Intel in 2011, has made a conditional offer for Finland’s Stonesoft, which makes military-grade firewalls for securing networks. Read more
Roy and Eldar Tuvey, the British brothers who sold their startup ScanSafe to Cisco for up to $183m in 2010, have announced a new venture, this time in mobile services.
Wandera helps companies save money on data roaming by compressing data in the cloud before it is sent to an employee’s phone or tablet. On Wednesday it received $7m in backing from Bessemer Venture Partners, whose past investments include Skype, Box and Linkedin. Read more
Sony, you big tease. Taking a leaf from Apple’s playbook, the Japanese electronics group has posted a page on its website suggesting that a new Playstation games console is in the offing for 2013.
Sony Computer Entertainment put a page on its website titled Playstation 2013 with a video trailing a mysterious event on February 20 in New York. The page invites users to register for updates and ‘be the first to know’. Read more
Google’s latest addition to its hardware range, the Nexus 10, has landed. This time Google partnered with Samsung to produce an iPad-beating spec sheet and what they tout as the ‘highest resolution display in the world’. Priced at £319 in the UK and $399 in the US, could the Nexus 10 tempt Android holdouts? Read more