Facebook is paying up to $19bn in cash, stock and earnouts to acquire WhatsApp Messenger, the world’s most popular mobile chat app with more than 450m regular users. Here Tim Bradshaw and Hannah Kuchler brought live reaction and comment from Facebook’s conference call.
Credit to CaixaBank.
While its counterparts still mainly “interface” with customers on-the go through basic ATMs, the Spanish lender has come up with apps for the latest smartwatches and Google Glass. Read more
Google is expanding the number of people who can get hold of Glass, as the FT reported late last year. Now a few friends of each of its first “Explorers” and selected other developers can purchase the experimental wearable device.
With all those new lenses wandering around, it hasn’t escaped Google’s notice that its wearers are getting “a lot of attention”. Google has talked to its existing community of Explorers for some tips on how to deal with the rest of the world, finally acknowledging that it can look “pretty weird”. Read more
Millions of addicted gamers are in a flap over the untimely death of Flappy Bird.
The Vietnamese creator of the most popular mobile game of 2014 has removed the app from sale after saying its internet fame “ruins my simple life”, despite making him tens of thousands of dollars a day. Read more
It may not be the biggest Microsoft story around today, but it’s a big deal for Foursquare: Microsoft is investing $15m in the social-location app as part of a new four-year commercial partnership.
The $15m investment comes in addition to the $35m that Foursquare raised in December last year from DFJ Growth and Capital Group. The app lets users share their location with friends by “checking in” and then recommends new places based on where they’ve been in the past.
Although uptake hasn’t quite lived up to the hype when it launched in 2009, it has collected a lot of data since then: 5bn check-ins, 60m places and 40m tips, all crowdsourced from some 45m users. Read more
Arm’s share-price surge on the crest of a smartphone wave over the past five years has been impressive, but the UK chip designer is now suffering and in search of a fresh sea change in technology. Read more
Apple speculators, take a breath.
Executives from the iPhone maker, including its head of operations, met with officials from the US Food and Drug Administration last month, public records show, to discuss “medical applications”.
What could they possibly have been discussing? Read more
Have we been taking too many tablets?
It seems markets are reaching saturation point with growth in the category slowing to 28 per cent year-on-year in the fourth quarter – down from 87 per cent a year earlier. Read more
The rollout of Apple’s iPhone by China Mobile to 300 cities this year is going to be slower than many analysts expected – contributing to its outlook disappointing on Monday and its shares falling more than 7 per cent at the open today.
But new estimates for the rollout of 4G services promise rich pickings for Apple later in 2014 and beyond. Read more