Leading mobile ticketing technology firm Masabi has managed to secure $4 million from m8 Capital, which is a B-round for the company. m8 Capital is based in London and is an affiliate of AGC Equity Partners that has mobile technology as its prime target. ...

Smartphone ownership is on the rise in the United States. According to Nielsen’s third-quarter survey of mobile users 43% of  U.S. mobile phone subscribers own smartphone. ...

For the first time in nine years BlackBerry maker Research in Motion’s stock fell below its book value. According to Bloomberg, a premier site for updated business news and financial information, shares fell 39 cents, or 2%, to $18.91, below the per-share book value of $18.92 at the end of last quarter. ...

To expand high-speed Internet access in different area of the United States, especially in the rural areas, The Federal Communications Commission (FCC) has approved a plan, which will create approximately 500,000 jobs over the next six years. In a statement the FCC said, “Today, we take a momentous step in our efforts to harness the benefits of broadband Internet for...

On Monday, Apple introduced a reservation-only policy for iPhone 4S retail sales. Customers in the U.S., the U.K., Australia, Canada, France, and Germany were directed to Apple’s revised how-to-buy page and it was saying that the iPhone 4S would be “available in store by reservation only.” ...

Challenging Acer’s Ultrabook, ASUS has come out with its Zenbook which will make one’s current laptop look ‘obese’ by its standards. According...

Video-sharing website YouTube has signed a deal with several studios including Warner Bros and Universal, which will help people in the United Kingdom watch full length movies for the first time. However, film watchers have to pay 2.49 pounds for watching each movie. ...

The U.S- based cockpits of the military’s Predator and Reaper drones, unmanned combat air vehicle, have been infected by a computer virus, says a report. Wired magazine, a monthly American magazine, in its defense blog says the virus is allegedly logging pilots’ every keystroke as they carry out their missions. Moreover, the reporter adds the virus was first detected...